#state own company

Collection of state own company news, found 891 news.

Oil price hike jacks up Pertamina`s profit

Increase in the world oil price has jacked up the net profit of PT Pertamina EP in the first half of 2018 , up 24.76 ...

PLN to deploy 544 functionaries at Asian Games venues

The state electricity company PT PLN will deploy 544 functionaries at 23 command posts around Jakabering Sports City ...

Minister Rini outlines progress made by government in US Investment Forum

Minister of State Enterprises (BUMN) Rini Soemarno has spoken about the performance of the Indonesian government in ...

South Sumatra LRT to be operational next month

The 23 kilometer track of Light Rail Transit (LRT) of South Sumatra will be operational next month to be ready to ...

Free homecoming program to be accessed online: Pelindo III

Port operating company PT Pelabuhan Indonesia (Pelindo III) will launch a free Lebaran homecoming program next year ...

Inalum plans to build hydropower plant in north kalimantan

PT Indonesia Asahan Aluminum (Inalum), which has an aluminum smelter in North Sumatra, said it plans to build a ...

Government spending records positive growth until April: Finance minister

The central government`s spending until Apr 30 reached Rp331 trillion, higher than Rp272.7 trillion in the same period ...

Optimizing West Papua`s abundant natural resources

The Indonesian province of West Papua is known for its agriculture, mining, forestry products, and tourism that should ...

Trade value worth US$500 million recorded during Indonesia-Africa Forum

The Indonesia-Africa Forum (IAF) managed to record additional trade transactions worth nearly US$500 million, with the ...

BI maintains interest rate to anticipate Fed`s monetary tightening

Bank Indonesia decided to maintain its 7-Day Reverse Repo Rate" at 4.25 percent on Thursday in anticipation of ...

Extra energy subsidy not to widen budget deficit: Senior minister

The government`s plan to raise budget allocations for energy subsidy will not widen the budget deficit, Coordinating ...

Indonesia eyes exporting passenger trains to Chicago, United states

Indonesia has the potential to export passenger trains manufactured by a state-owned company to Chicago, the United ...

Social Ministry to return 10 thousand migrant workers from Malaysia

The Social Ministry is planning to return 10 thousand Indonesian migrant workers from Malaysia this year, Sonny Manalu ...

Antam hopes to sell 24 tons of gold bars in 2018

Publicly traded state-owned general mining company PT Aneka Tambang (Antam) said it hopes to sell 24 tons of gold in ...

PT KAI plans to issue bonds worth Rp2 trillion

State railway company PT Kereta Api Indonesia (KAI) is planning to issue bonds worth Rp2 trillion in the first ...