#state company

Collection of state company news, found 97 news.

Pertamina chief executive replaced

The Government has replaced Chief Executive of the energy company PT Pertamina Elia Massa Manik at an extraordinary ...

No more bumn reporting losses in 2018: Rini

Minister for State Enterprises (BUMN) Rini M Soemarno promised there would be no more state company reporting losses ...

Semen Padang's new unit to produce 2 mln tons of cement

PT Semen Padang said the sixth unit of the Indarung cement factory of PT Semen Padang is expected to produce 2 million ...

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 ...

France to invest Rp6 trillion in KEK Mandalika

Coordinating Minister for Maritime Affairs and Resources Luhut Panjaitan said a French state company Vinci ...

Bio Farma to produce breast cancer biosimilar at lower price

Vaccine producer Bio Farma said it would launch and sell biosimilar specially for breast cancer at a cheaper price. ...

Indonesian govt to buy Freeport shares immediately

The Indonesian government wishes to buy shares of PT Freeport Indonesia immediately up to 51 percent to meet ...

Baturaja`s new cement factory to come on line next year

President of PT Semen Baturaja Pamudji Rahardjo, said the second cement factory of the state company would come on ...

Plan to form Indonesian holding companies in process of internal consolidation

The plan to establish holding companies for Indonesian state companies in various sectors is currently in the phase of ...

Central bank to reintroduce commercial paper market

Bank Indonesia said it will relaunch commercial paper market as an alternative to financial market as a source of ...

Chinese company agrees to process garbage to generate power

The Pontianak city administration will cooperate with Shanghai Electric Group Co Ltd and Zhong Sheng Hua Tai ...

Fighting inefficiency, illegal levies to cut dwelling time in Indonesian seaport

Several Indonesian seaports are notorious for their long cargo dwelling time due to inefficiencies, poor ...

Pelindo III wants police intervention to cut short dwelling time

Port operator PT Pelabuhan Indonesia (Pelindo) III said it would welcome police intervention in seeking to cut short ...

Lawmaker raises controversy over merger of PGN into Pertamina

Lawmaker Siti Mukaromah advised the government not to rush forming an energy holding company with state-owned PT ...

Lawmaker asks government to issue perppu on oil and gas

A lawmaker urged the government to issue regulation in lieu of law (Perppu) while waiting for the House of ...