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The Jakarta Post
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state-owned-enterprise

Military pension fund Asabri ‘fine’ despite investment problems, minister says
Business 1 year ago

Military pension fund Asabri ‘fine’ despite investment problems, minister says

Asabri has been in the spotlight as its stock portfolio plunged by more than 95 percent last year.
Asabri says $728.9 million losses 'only temporary', claim payments unaffected
Business 1 year ago

Asabri says $728.9 million losses 'only temporary', claim payments unaffected

The insurer has prepared a mitigation plan to recover the decline in investment value. 
Telkomsel welcomes Setyanto Hantoro as new president director
Business 1 year ago

Telkomsel welcomes Setyanto Hantoro as new president director

Setyanto Hantoro was named Telkomsel's new boss during the company's extraordinary sharehold...
State ferry operator enjoys spike in demand during holidays
Business 1 year ago

State ferry operator enjoys spike in demand during holidays

The use of ferries is expected to increase with destinations across Indonesia benefiting from improv...
Samsung Indonesia VP owed Rp 8.2 billion by struggling state insurance firm Jiwasraya
Business 1 year ago

Samsung Indonesia VP owed Rp 8.2 billion by struggling state insurance firm Jiwasraya

Jiwasraya’s problems date back to late last year, when the company was forced to postpone the ...
PP Presisi eyes 30 percent increase in new contracts next year
Business 1 year ago

PP Presisi eyes 30 percent increase in new contracts next year

This year, PP Presisi expects the value of new contracts to increase by 12 percent to Rp 5.8 trillio...
Ahok inaugurated as Pertamina commisioner, to 'advise board on strategic moves'
Business 1 year ago

Ahok inaugurated as Pertamina commisioner, to 'advise board on strategic moves'

Ahok himself said the position entailed “sitting on the board, as a citizen, to help over...
Jokowi seeks to tighten grip on state enterprises
National 1 year ago

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Jokowi seeks to tighten grip on state enterprises

President Joko “Jokowi” Widodo seeks to tighten his grip on key state-owned enterprises ...
Mandiri pumps $129m refinancing fund into Antam
Business 1 year ago

Mandiri pumps $129m refinancing fund into Antam

State lender Bank Mandiri announced on Wednesday that it had injected US$129 million into state-owne...
PTPN III obtains US$390.6 million syndicated loan as working capital
Business 1 year ago

PTPN III obtains US$390.6 million syndicated loan as working capital

The loan is to be used as working capital for increasing production and developing its faciliti...
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