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Search result with “Soe Losses” as a keyword founded 14 news.

Prabowo Targets Slimmer SOEs, Rules Out Layoffs

... the transformation would strengthen SOE governance and improve the ... still loss-making, with combined losses reaching Rp 20 trillion ($1.2 ... fault," he said. The SOE consolidation program is projected ... the model across other SOE groups to build leaner, ...
Business Jun 29, 2026 | 3:46 pm

Commodity Stocks Lead JCI Decline After Govt Unveils State-Controlled Export Scheme

... 2% during intraday trading before trimming losses to close the first session ...
Business May 20, 2026 | 12:54 pm

JCI Rises as Investors Monitor Iran Talks, Danantara Digital Push

... while regional markets tracked losses on Wall Street overnight. ... to the government’s broader SOE streamlining program. Read More: ... a coordination meeting on SOE digital transformation attended by ... said, adding that the SOE digital transformation roadmap will ...
Business May 8, 2026 | 9:03 am

Danantara to See if More State Enterprises Need Foreign Higher-Ups

... many foreigners could join an SOE’s top brass. “The upper management ... " as the company struggled with losses. Danantara’s chief investment officer Pandu ...
Business Oct 16, 2025 | 5:00 pm

Market Braces as Danantara Takes Operational Control of SOEs Holding 20% of IDX

... analysts warn the impact on SOE-listed stocks will hinge on ... SOE executives to possible corruption charges if business decisions result in losses ... deputy ministers from serving on SOE boards but still allows lower ...
Business Sep 29, 2025 | 8:14 pm

President Prabowo Orders State Firm Overhaul, Ends Lavish Payouts

... targets is the size of SOE boards of commissioners, which ... large despite the companies posting losses. “I’ve cut the number ... as a strategic vehicle to boost SOE performance, add value to natural ... the Finance Ministry and the SOE Ministry. Prabowo wants this ...
Business Aug 15, 2025 | 8:32 pm

Indonesia Launches First Medical Tourism Hub in Bali, a Flagship Project for Danantara

... and indirect jobs. Read More: SOE Minister Visits Bali International Hospital ... trillion ($5.3 billion) in foreign exchange losses. Additionally, the SEZ could generate ...
Lifestyle Jun 25, 2025 | 11:06 pm

KPK Asserts Authority Over SOE Corruption Despite New Law

... officials, and any financial losses suffered by BUMNs are ... 4B of the SOE Law claims SOE losses do not constitute ... state financial losses, Setyo referred ... SOE executives can be held criminally liable if state financial losses ...
News May 8, 2025 | 10:05 am

New Law Limits KPK’s Authority to Probe Corruption in State-Owned Enterprises

... flashpoints: Article 3X (1): “SOE officials and employees are not ... for KPK intervention in SOE corruption cases. Read More ... 1 billion in state losses. With SOE directors and commissioners now ... also warned that redefining SOE executives outside the realm ...
News May 5, 2025 | 10:51 am

Executives Provide New Insights into Danantara

... Indonesia’s economic strategy, consolidating SOE assets under a sovereign ... review will determine whether SOE businesses remain relevant ... employment opportunities within the SOE sector. State Funding ... be prosecuted for financial losses, this exemption does not ...
Business Feb 28, 2025 | 11:10 am

Danantara CEO Assures Accountability as Comparisons to 1MDB Arise

... discouraged SOE executives from making bold corporate moves, as any losses incurred ... be classified as state financial losses, potentially leading to legal consequences ... implementing optimal risk mitigation—business losses will be considered normal commercial ...
Business Feb 25, 2025 | 8:32 am

These Seven State-Owned Companies Remain in the Red

Jakarta. State-Owned Enterprise (SOE) Minister Erick Thohir revealed on ... the list. Erick attributed its losses to the significant costs incurred ...
Business Nov 4, 2024 | 2:45 pm

State-Owned Enterprises Under Scrutiny for Corruption Allegations

... governance (GCG) principles and SOE clean-up initiatives. "The ... final calculations of state financial losses. The value of Taspen's ... data suggesting state financial losses of hundreds of billions ... for calculating state financial losses, whether it be the ...
News May 23, 2024 | 12:23 pm

Erick Thohir Vows to Clean Up Mess at State Companies

... under prosecutors' investigation into alleged losses of trillions of rupiah due ... introduced a policy to put troubled SOE executives, especially those convicted of ...
Business Jan 2, 2023 | 7:28 pm
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