President Prabowo Orders Reduction of SOE Subsidiaries and Grand-Subsidiaries
Indonesian President Prabowo has ordered a reduction in subsidiaries and grand-subsidiaries of state-owned enterprises (SOEs), particularly at Pertamina and PLN, to streamline organizational structures, accelerate decision-making, and boost productivity. This follows a previous SOE consolidation that reportedly saved Rp 50 trillion.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Kazakhstan Reassesses Ties with Russia: Coal Industry and Soviet Legacy
Kazakhstan's Karaganda region, once home to a vast gulag, is now a hub for some of the planet's largest-scale coal mining. As the nation re-evaluates its relationship with Russia, the region's economic and historical context comes into focus.
- Indonesian State-Owned Enterprises Targeted by Hoaxes, Risking Public Misunderstanding
Hoaxes targeting Indonesian State-Owned Enterprises (BUMN) are circulating on social media and messaging apps. False information concerning Pertamina, BRI, and Antam has been identified, posing a risk of public misunderstanding and distrust. Liputan6.com is actively countering these hoaxes through its fact-checking initiatives.
- Agrinas Partners with KPK to Strengthen Governance and Integrity, Preventing Deviations
PT Agrinas Group in Indonesia is collaborating with the Corruption Eradication Commission (KPK) to enhance its governance and integrity, aiming to prevent corruption. Both entities will share information and conduct training to deter fraudulent practices.
- Tempe Producers Face Dilemma Amidst Soaring Soybean Prices: Hold Prices or Shrink Sizes?
Tempe producers in Indonesia, particularly in East Jakarta, are facing severe operational challenges due to the soaring prices of imported soybeans. Fluctuations in exchange rates and global events are forcing small businesses, unable to pass on costs, to make the difficult choice of reducing product sizes.