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state-owned-enterprises

Waskita’s toll road projects will take 10 more years, govt says
Companies 1 year ago

PREMIUM
Waskita’s toll road projects will take 10 more years, govt says

The government, Kartika said, had assigned another state-owned construction firm, Hutama Karya, to c...
Ministry warns construction SOEs not to use state budget to pay off debt
Regulations 2 years ago

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Ministry warns construction SOEs not to use state budget to pay off debt

Multiple ministries have warned construction state-owned enterprises (SOEs) not to pay off thei...
Ministry seeks additional $1.68b for struggling construction SOEs
Regulations 2 years ago

PREMIUM
Ministry seeks additional $1.68b for struggling construction SOEs

The State-Owned Enterprises (SOEs) Ministry says it plans to request an additional Rp 25 trillion (U...
Profit at any cost?: Govt sends mixed signals on SOEs’ fates
Business 3 years ago

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Profit at any cost?: Govt sends mixed signals on SOEs’ fates

President Jokowi said recently that he wanted to stop bailing out SOEs, but a few months earlier, th...
KPPU suspects violations as SOE executives hold multiple roles
Business 4 years ago

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KPPU suspects violations as SOE executives hold multiple roles

The Business Competition Supervisory Commission (KPPU) found dozens of directors or commissione...
Govt injects Rp 37t into state enterprises, agencies to boost recovery
Business 4 years ago

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Govt injects Rp 37t into state enterprises, agencies to boost recovery

The government has disbursed Rp 37.07 trillion (US$2.63 billion) into four state-owned enterprises (...
More SMEs, SOE subsidiaries go public until 2022: Deloitte
Business 4 years ago

More SMEs, SOE subsidiaries go public until 2022: Deloitte

The Indonesia Stock Exchange (IDX) has recorded a total of US$325 million raised from 46 IPOs this y...
State-owned builder Wika’s profit falls 96% amid dearth in new contracts
Business 4 years ago

State-owned builder Wika’s profit falls 96% amid dearth in new contracts

State-owned construction company PT Wijaya Karya (Wika) has seen its revenue and net profit nosedive...
State-owned INTI pays salaries in installments amid financial trouble
Business 5 years ago

State-owned INTI pays salaries in installments amid financial trouble

The state-owned telecommunication company PT Industri Telekomunikasi Indonesia Persero (INTI) is pay...
Ministry to limit SOEs' expert staff numbers, salaries
Business 5 years ago

Ministry to limit SOEs' expert staff numbers, salaries

The State-Owned Enterprise Ministry has found that several firms are employing dozens of expert staf...
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