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state-owned-enterprise

Business 4 years ago

State firm dividends rise as govt scrambles to rescue economy

The government has collected more than Rp 40 trillion (US$2.82 billion) in dividends from five major...

Business 5 years ago

Pertamina to pay $601m in dividends to government

The oil and gas giant fixed a payout ratio of 24 percent after a shareholders’ meeting on Thur...

National 5 years ago

Presidential spokesperson appointed commissioner of SOE Waskita Karya

Fadjroel, a former human rights and prodemocracy activist, has been a staunch supporter of President...

Business 5 years ago

PLN profit nosedives 63 percent as costs soar

The company’s operating costs rose slightly by 2.3 percent yoy to Rp 315.4 trillion in 2019, b...

Business 5 years ago

Kimia Farma to cut investment, costs, but expects higher revenue amid COVID-19

The pharmaceutical giant expects to see a 25 increase in revenue from the products and services it i...

Business 5 years ago

Govt to sell Jiwasraya assets, including Jakarta mall, to pay back creditors

The State-Owned Enterprises (SEO) Ministry plans to sell State-owned insurer PT Asuransi Jiwasraya&r...

Business 5 years ago

Low oil prices push Pertamina's 2019 profit down 16% to $2.1b

State-owned oil company Pertamina closed 2019 with a net profit of US$2.1 billion (Rp 28.8 trillion)...

Business 5 years ago

Wuhan coronavirus hits Hotel Indonesia Natour's business in Bali

State-owned hospitality company Hotel Indonesia Natour's three hotels in Bali experien...

Business 5 years 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.

Business 5 years 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.

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state-owned-enterprise

State firm dividends rise as govt scrambles to rescue economy

Pertamina to pay $601m in dividends to government

Presidential spokesperson appointed commissioner of SOE Waskita Karya

PLN profit nosedives 63 percent as costs soar

Kimia Farma to cut investment, costs, but expects higher revenue amid COVID-19

Govt to sell Jiwasraya assets, including Jakarta mall, to pay back creditors

Low oil prices push Pertamina's 2019 profit down 16% to $2.1b

Wuhan coronavirus hits Hotel Indonesia Natour's business in Bali

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

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

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