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View all search resultsstate-owned-enterprises
Business 5 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 during the first nine months of the year as new contracts plunged amid the pandemic-induced economic crisis.
Business 6 years ago
Private sector infrastructure funding needs boost as SOEs overleveraged: World Bank
The World Bank has urged the Indonesian government to improve public-private partnership (PPP) financing schemes to attract more private capital that could fill the government’s budget shortage on infrastructure projects.
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