#state companies

Collection of state companies news, found 253 news.

Share price offered by Freeport too high: Minister

State Enterprises Minister (BUMN) Rini Soemarno said the price of shares offered by PT Freeport Indonesia is too ...

No budget fund set aside to buy Freeport shares: Minister

No fund set aside in the state budget to buy the 10.64 percent stake in Freeport Indonesia this year, Minister for ...

Sstrong growth recorded by Bank NTT in assets

Regional lender, PT Bank NTT, in East Nusa Tenggara, recorded a strong growth of 44.03 percent year-on-year in assets ...

OJK encourages more state companies to go public

The Financial Service Authority (OJK) asked more state companies to go public floating part of their shares at the ...

Garuda to operate Pondok Cabe airport for commercial flight

The nations flag carrier Garuda Indonesia said it will take over the operation of Pondok Cabe airport of the state oil ...

Eight state companies to be privatized in 2016

The government will privatize a number of state companies in 2016 in a bid to improve their performance and to ...

Pelindo`s special committee urged to trace foreign intervention

Al-Azhar Universitys political observer Rahmat Bagja has urged the Special Committee (Pansus) of the state-owned port ...

RJ Lino testifies as witness in alleged graft case

PT Pelindo II President Director Richard Joost Lino honored the National Polices Criminal Investigation Agency ...

Inalum to issue US$400 million bond to build new power plant

State-owned aluminum smelter PT Inalum plans to issue bonds valued at US$400 million in 2017 to raise fund to finance ...

Greater Jakarta to have light rail transit system by 2018

Indonesias capital Jakarta is one of the worlds most traffic-congested and populated cities, with over 10 million ...

Consortium of nine state companies to build 83.6 km Light Rail Transit

Nine state companies will cooperate in the development of 83.6 kilometer Light Rail Transit (LRT) in the Greater ...

Mandiri & BRI Bank wait and see before deciding on share buyback

Two state lenders Mandiri Bank and BRI Bank chose to wait and see before deciding on share buyback plan. Earlier ...

OJK to allow publicly traded companies to buy back shares

The Financial Service Authority (OJK) plans to issue a regulation allowing publicly listed companies to buy back their ...

Deficit widens in 2016 on more fund for infrastructure

The government has allowed the deficit to widen in the 2016 draft state budget for the sake of its ambitious ...

President: Steps taken to shore up flagging economy

President Joko Widodo said the government would take a number of steps to shore up the countrys flagging economy. ...