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Search result with “Soes Merger” as a keyword founded 19 news.
Prabowo Says State-Owned Enterprise Overhaul to Save Rp 50 Trillion Annually
... . Read More: Danantara to Cut SOEs to Just 300 Firms The ... said. Read More: Pertamina Unit Merger Generates Up to $700 Million ...Business Jul 21, 2026 | 9:06 am
Prabowo Targets Slimmer SOEs, Rules Out Layoffs
... Out of more than 1,000 SOEs, we have already closed more ... final target. "How many SOEs can we eventually have, Dony ... currently streamlining around 1,077 SOEs into approximately 200 to 300 ... example, Dony said the merger of several subholdings within Pertamina ...Business Jun 29, 2026 | 3:46 pm
Pertamina Unit Merger Generates Up to $700 Million in Savings, Danantara Says
Jakarta. The merger of three subsidiaries of ... the surviving entity following the merger. According to Dony, the ... the three companies. “Since the merger, we have saved approximately $ ... : Garuda, Citilink, Pelita Air Merger Targeted for Completion This Semester ...Business Jun 12, 2026 | 1:04 am
‘Just Like BSI’: Danantara to Merge Asset Managers with $157 Million Acquisition
... the projected assets once the merger takes place. There was also ... to consolidate at least 1,000 SOEs into roughly 200 to boost ...Business Apr 10, 2026 | 1:43 pm
Danantara Says SOE Consolidation Based on Fundamentals, Not Arbitrary Cuts
... a fundamental review of all SOEs,” Dony said during the Investor ... sectors. These include the merger of four state port operators ... , which currently includes 21 SOEs. The review found that ... the presidential directive to transform SOEs from roughly one thousand ...Business Jan 28, 2026 | 4:32 pm
Indonesia's Danantara Eyes Global Bond Issuance
... . It now controls all Indonesian SOEs, including the sub-subsidiaries. The ... of slashing the number of SOEs from around 1,000 to slightly ... : Danantara Aims State Construction Firms Merger in Q1 2026Business Nov 28, 2025 | 6:34 pm
Danantara Wants More Indonesian State Firms in Fortune Global 500
... Indonesian state-owned enterprises (SOEs) managed to secure a spot ... SOEs, also gave more details on the possible merger ... We are still evaluating the merger of construction firms, but ... the intense competition between SOEs as “cannibalism”. These companies ...Business Nov 19, 2025 | 8:43 pm
Danantara to Trim State Firms to Prevent Business Cannibalization
... of its state-owned enterprises (SOEs) by more than half, ... , citing competition between the SOEs. This is common among ... and cannibalism,” Febriany said. A merger between Garuda Indonesia and Pelita ... under review. “But [the merger] will see them [Garuda] ...Business Nov 14, 2025 | 2:59 pm
Danantara to Cut SOEs to Just 300 Firms
... of state-owned enterprises (SOEs) under government control from ... Read More: Indonesia Dissolves SOEs Ministry, Hands Control to ... more coordinated restructuring of SOEs. “As we consolidate, ... national airline ecosystem. The merger aims to strengthen Indonesia’s ...Business Oct 20, 2025 | 5:01 pm
Indonesia Allows Foreigners to Take Leadership Roles at State Enterprises
... that all state-owned enterprises (SOEs) meet “international standards”. ... has taken at least 1,000 SOEs under its management. “You ... can now lead our SOEs,” Prabowo said. Earlier ... Danantara is currently exploring some merger plans, including one involving ...Business Oct 16, 2025 | 7:00 am
Donny Oskaria Becomes Acting SOE Minister as Gov't Mulls Merging Ministry with Danantara
... . Under Erick’s leadership, Indonesia’s SOEs posted stronger financial performance, reflected ... , streamlining management, and preparing SOEs for global competition. Read More ... ’s directive. The prospect of a merger reflects the government’s broader push ...News Sep 19, 2025 | 7:00 pm
SOEs Ministry No Longer Relevant After Danantara, Economist Says
... scrapping commissioner bonuses and planning a merger between flag carrier Garuda Indonesia ... : Does Indonesia still need an SOEs Ministry? National Banking Association (Perbanas ... said the appointment of a new SOEs minister remains the president’s prerogative ...Business Sep 18, 2025 | 10:38 am
Reshuffle: Govt Still Has No Plan to Merge SOE Ministry into Danantara
... Ministry of State-Owned Enterprises (SOEs) into the sovereign wealth fund ... the possible Danantara-SOE Ministry merger, State Secretary Prasetyo Hadi told ... the process of improving our SOEs’ management and operations. If in ...Business Sep 17, 2025 | 7:27 pm
Pertamina to Spin Off Non-Core Subsidiaries, Including Pelita Air
... Read More: Gov't Plans Merger of Garuda Indonesia and Pelita ... among state-owned enterprises (SOEs). “This program will be ... . Too Many SOEs Efforts to consolidate SOEs with overlapping businesses ... closure of loss-making SOEs without essential public service ...Business Sep 11, 2025 | 9:28 pm
Indonesia’s SOE Ministry Aims to Reduce State-Owned Enterprises to 30 by 2025
... SOEs within similar sectors. SOE Minister Erick Thohir revealed that the merger ... . "This includes the KAI-INKA merger, but it requires further studies ... the merger progress, highlighting ongoing collaboration with relevant ministries. For construction SOEs ...Business Dec 25, 2024 | 11:31 am
Prabowo Launches Danantara, Setting the Stage for Indonesia's Investment Super-Holding
... state-owned enterprises (SOEs) and indicated a potential merger with the Indonesia Investment ... in next year’s APBN. “Ideally, a merger between Danantara and INA should ...Business Oct 22, 2024 | 4:59 pm
Erick to Merge Seven State Construction Companies into Three
... Karya, and Nindya Karya. The merger process includes the separation of ... to streamline the number of SOEs to just 30, focusing on ...Business Mar 19, 2024 | 8:16 pm
Tony Blair, Erick Thohir Discuss Roadmap for SOE Mergers
... slash the number of Indonesian SOEs to just 30. The ... slash the number of SOEs from 41 (as of ... we will look for [more SOEs] that we can synergize,” ... press that combining different SOEs into one did not ... Erick, neither the 2021 merger of Indonesia’s state-owned ...News Jul 21, 2023 | 7:39 pm
Indonesia Seeks to Integrate Management between Airport Operators
... decide if they should do a merger or establish a holding to integrate ... II], but not necessarily a merger, but [we are hoping this ... would consolidate or merge more SOEs with similar business models. This ... Daily on Monday. The merger can also hamper the aviation ...Business Jun 6, 2023 | 10:07 am
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