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state-owned-enterprises

House approves $10.32b stimulus for state companies
Business 5 years ago

House approves $10.32b stimulus for state companies

The funds, which are lower than the government’s initial projection of Rp 152 trillion, will be disbursed to 16 state-owned firms.
Private sector infrastructure funding needs boost as SOEs overleveraged: World Bank
Business 5 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.
Government pays $3.76b for land in 77 strategic projects
Business 5 years ago

Government pays $3.76b for land in 77 strategic projects

The Finance Ministry’s State Asset Management Agency (LMAN) has reimbursed Rp 53.3 trillion (US$3.76 billion) owed to state-owned companies for land acquisition in 77 strategic national projects, including toll roads and irrigation systems, as of June 24.
Most SOEs have completed proposed 'new normal' protocols: Minister
Business 5 years ago

Most SOEs have completed proposed 'new normal' protocols: Minister

Eighty six percent of SOEs have compiled their post-restriction business recovery or "new normal" protocols.
E-wallet platform LinkAja introduces new boss
Business 5 years ago

E-wallet platform LinkAja introduces new boss

Haryati Lawidjaja was promoted from her previous position as LinkAja’s chief operating officer, a position she held for almost a year.
SOEs minister shuffles PLN board of directors
Business 5 years ago

SOEs minister shuffles PLN board of directors

PLN has introduced four new names and removed four old ones from its board of directors following a shareholders' meeting on Tuesday.
Government to delay dividend collection from SOEs as pandemic hits businesses
Business 5 years ago

Government to delay dividend collection from SOEs as pandemic hits businesses

The government expects this year’s dividend collection from SOEs to reach Rp 43.8 trillion, revised down from Rp 49 trillion eyed initially.
State-owned enterprises scramble to repay debts in time
Business 5 years ago

State-owned enterprises scramble to repay debts in time

The government has issued a new regulation that will allow the state to issue debts to finance business rescue packages, including for SOEs.
BI, government to share debt burden to finance business rescue program
Business 5 years ago

BI, government to share debt burden to finance business rescue program

The government is looking for the cheapest financing options to support economic recovery.
Experts demand transparency, supervision of SOEs recovery program
Business 5 years ago

Experts demand transparency, supervision of SOEs recovery program

The government has allocated Rp 318.09 trillion (US$21.28 billion) for the national economic recovery program. Of this sum, more than Rp 152 trillion is allocated for SOEs.
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