#state companies

Collection of state companies news, found 253 news.

State-owned companies reports Rp39 trillion in Q1 profit

All state-owned enterprises (BUMN) reported a total profit of Rp39 trillion in the first quarter of 2017 or 19.8 ...

RI, Malaysia poised to set world CPO price

Indonesia and Malaysia, the world largest Crude palm oil (CPO) producers hope they will eventually be able to set the ...

State companies perform better: Minister

State Enterprises (BUMN) Minister Rini Soemarno said here on Tuesday state companies have performed better than they ...

President moves fast on BPK report about losses in state funds

President Joko Widodo (Jokowi)has moved fast on reports from the State Audit Board (BPK) about potential losses in ...

Jakarta reclamation project would continue whoever is the governor : Expert

Jakartas reclamation project could not be politically stopped by whoever is the next governor of Jakarta, an expert ...

PT PAL president director sacked over corruption scandal

The State-owned Enterprises (BUMN) Ministry has discharged President Director of state-owned firm PT PAL Muhammad ...

Bank Mandiri to open branch in Kuala Lumpur

State-owned lender PT Bank Mandiri plans to open a branch in Kuala Lumpur, Malaysia, by the end of this year, to serve ...

No agreement yet between government and Freeport: Official

The government and PT Freeport Indonesia (FI) have not reached an agreement on new mining contract, an official said ...

Indonesia needs to rejuvenate palm oil plantations

With some 11.6 million hectares of plantations, Indonesia needs to rejuvenate its palm oil trees to maintain its ...

Pertamina`s consortium to build largest gas-fueled power plant in ASEAN

State-owned oil and gas Pertaminas consortium, Marubeni Corporation and Sojitz Corporation, is ready to develop a ...

CPO export drops but price on the rise

Indonesias export of crude palm oil (CPO) and its derivatives fell by nearly 2 percent to 25.7 million tons in 2016 ...

Jakarta LRT to be operational in two years

The first phase of Jakarta Light Rail Transit (LRT), a type of rapid transit that uses electric-powered trains, will ...

Indonesia to build infrastructure projects worth Rp4,000 trillion in 2019

The Indonesian government said the country is expected to build infrastructure projects with a total investment of ...

Yearender - Govt likely to delay establishment of holding firms

The government plans to establish 15 state-owned holding companies to group by sector some 119 state-owned enterprises ...

State-owned energy companies should build synergy: Minister

State owned energy companies and electricity firm PLN should build synergy to boost efficiency and improve peoples ...