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state-owned-enterprises

KPPU suspects violations as SOE executives hold multiple roles
Business 4 years ago

PREMIUM
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

PREMIUM
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 4 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 4 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...
Bank Mandiri boss Royke Tumilaar appointed new BNI president director
Business 4 years ago

Bank Mandiri boss Royke Tumilaar appointed new BNI president director

Bank Mandiri’s former finance director, Silvano Rumantir, was also appointed as BNI’s co...
Government to accelerate state capital injections for SOEs
Business 4 years ago

Government to accelerate state capital injections for SOEs

The capital injections are part of the Rp 695.2 trillion in stimulus provided by the government to s...
Pupuk Indonesia to issue $169m worth of bonds
Business 4 years ago

Pupuk Indonesia to issue $169m worth of bonds

The bond offering is scheduled for Aug. 14 to 18. 
LinkAja credits SOE collaboration, COVID-19 for extreme growth
Business 4 years ago

LinkAja credits SOE collaboration, COVID-19 for extreme growth

The digital payment system has recorded exponential growth in transaction volume since the...
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