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waskita-karya

Govt to conclude Waskita, Hutama Karya consolidation in September
Companies 1 year ago

PREMIUM
Govt to conclude Waskita, Hutama Karya consolidation in September

The ministry has previously considered putting debt-laden Waskita Karya under Hutama Karya, which it...
Most Waskita Karya bondholders approve restructuring plan
Companies 1 year ago

PREMIUM
Most Waskita Karya bondholders approve restructuring plan

The company is seeking another meeting with a group of bondholders that has yet to get on board.
Ministry-backed financing firm acquires stake in Bocimi toll road from debt-laden Waskita
Companies 1 year ago

PREMIUM
Ministry-backed financing firm acquires stake in Bocimi toll road from debt-laden Waskita

The ministry’s Sarana Multi Infrastruktur (SMI) will control 25 percent of TJT, which was prev...
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...
Debt-laden Waskita Karya lays off 500 workers in efficiency drive
Companies 1 year ago

PREMIUM
Debt-laden Waskita Karya lays off 500 workers in efficiency drive

Waskita Karya has laid off 500 employees as part of its ongoing efficiency drive after it missed sev...
Wonky WIKA
Editorial 1 year ago

Wonky WIKA

Signs of trouble at WIKA could be observed as early as 2020, when the company saw its net profit plu...
IDX explains why Waskita Karya may be delisted
Companies 1 year ago

PREMIUM
IDX explains why Waskita Karya may be delisted

The IDX revealed on Friday why the shares of state-owned construction firm Waskita Karya may face de...
Candidates lack plans for saving ailing SOEs: Analysts
Regulations 1 year ago

PREMIUM
Candidates lack plans for saving ailing SOEs: Analysts

The policy proposals of all presidential candidates are similar to those of President Joko “Jo...
Analysis: Waskita Karya defaults on bond payments, investors dump holdings
Opinion 1 year ago

PREMIUM
Analysis: Waskita Karya defaults on bond payments, investors dump holdings

Indebted state-owned publicly-listed construction company PT Waskita Karya Tbk (WSKT) has caused jit...
Govt proposes Rp24t injection to save toll road projects of ailing SOEs
Regulations 1 year ago

PREMIUM
Govt proposes Rp24t injection to save toll road projects of ailing SOEs

The government has proposed state capital injections (PMN) of Rp 24.6 trillion (US$1.59 billion) to ...
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