#state companies

Collection of state companies news, found 256 news.

Pelni and Pertamina building a cruise ship

State shipping company PT. Pelayaran Indonesia (Pelni) will team up with Patra Jasa, a subsidiary of state-owned ...

Jokowi calls for optimal utilization of Asian Games budget

President Joko Widodo (Jokowi) has urged several ministries and agencies to utilize the budget for Asian Games and ...

Minister Jonan inaugurates gas network in Surabaya

Energy and Mineral Resources Minister Ignasius Jonan inaugurated a gas network which connects 24 thousand household ...

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 ...