Erick Thohir Plans Merger of Garuda Indonesia, Pelita Air, and Citilink as Part of BUMN Efficiency Program

Erick Thohir Plans Merger of Garuda Indonesia, Pelita Air, and Citilink as Part of BUMN Efficiency Program

CNN Indonesia Tuesday, 22 Aug 2023 10:34 WIB BUMN Minister Erick Thohir plans to merge three BUMNs engaged in the aviation sector; Garuda Indonesia, Pelita Air and Citilink become one. (CNN Indonesia/Khaira Ummah Junaedi Putri). Jakarta, CNNIndonesia — Minister BUMN Erick Thohir plans to merge three state-owned enterprises engaged in the sector flight become one … Read more

Erick Thohir Overhauls Board of Commissioners of PT Angkasa Pura I

Erick Thohir Overhauls Board of Commissioners of PT Angkasa Pura I

CNN Indonesia Tuesday, 08 Aug 2023 19:54 WIB BUMN Minister Erick Thohir overhauled the composition of PT Angkasa Pura I’s board of commissioners by appointing the Secretary General of the Ministry of Transportation Novie Riyanto as the main commissioner. Illustration of Angkasa Pura I. (www.angkasapura1.co.id). Jakarta, CNN Indonesia — Minister of State-Owned Enterprises (BUMN) Erick … Read more

Erick Thohir Criticizes Vale’s Slow Investment in Indonesia: CNN Indonesia

Erick Thohir Criticizes Vale’s Slow Investment in Indonesia: CNN Indonesia

CNN Indonesia Monday, 17 Jul 2023 20:31 WIB BUMN Minister Erick Thohir quipped at Vale because he had been in RI for a long time but did not immediately accelerate investment. (CNN Indonesia/Khaira Ummah Junaedi Putri). Jakarta, CNNIndonesia — Minister BUMN Erick Thohir satirized PT Vale Indonesia Tbk. According to him, the company has been … Read more

Telkom Indonesia and Telkomsel Sign Deed of Spin-Off to Integrate IndiHome

Telkom Indonesia and Telkomsel Sign Deed of Spin-Off to Integrate IndiHome

Jakarta, tvOnenews.com – PT Telkom Indonesia (Persero) Tbk (Telkom) and PT Telekomunikasi Selular (Telkomsel) signed a deed of spin-off to integrate IndiHome into Telkomsel on Tuesday (27/6/2023). The deed signed by the Main Director of Telkom Ririek Adriansyah and the Main Director of Telkomsel Hendri Mulya Syam indicates that IndiHome will be under the management … Read more

“State-Owned Enterprise PT Wijaya Karya’s Debt Postponement Request Amidst Losses in Q1 2023”

“State-Owned Enterprise PT Wijaya Karya’s Debt Postponement Request Amidst Losses in Q1 2023”

Jakarta – The performance of BUMN Karya is again in the spotlight. One of the state-owned enterprises, PT Wijaya Karya (Persero) Tbk (WIKA), has reportedly submitted a postponement of debt payments to the bank. This followed PT Waskita Karya (Persero) Tbk (WSKT) which was said to have received approval to postpone bond payments. Then, how … Read more

“Indonesia’s State-Owned Enterprises Ministry’s Plan to Import Used Electric Trains Sparks Controversy”

“Indonesia’s State-Owned Enterprises Ministry’s Plan to Import Used Electric Trains Sparks Controversy”

The debate over importing used electric trains or KRL in Indonesia continues to brew. Despite objections from the Finance and Development Supervisory Agency (BPKP), the State-Owned Enterprises (SOE) Ministry is pushing for the import, citing the heavy influx of Commuter Line passengers during peak hours as an emergency. However, the Industry Ministry has rejected the … Read more

“Resignation of Sri Mulyani Indrawati’s Special Staff from PT Adhi Karya | Jakarta News 2023”

“Resignation of Sri Mulyani Indrawati’s Special Staff from PT Adhi Karya | Jakarta News 2023”

Jakarta – Special Staff (Stafsus) of the Minister of Finance Sri Mulyani Indrawati, Yustinus Prastowo resigned from his position as Commissioner PT Adhi Karya (Persero) Tbk. He submitted his resignation letter to the company on April 18, 2023. Corporate Secretary Adhi Karya, Farid Budiyanto said the resignation was in connection with Prastowo’s appointment as Commissioner … Read more

Turning Erick’s Brain to Fix BUMN Pension Funds which are Minus IDR 10 T

Turning Erick’s Brain to Fix BUMN Pension Funds which are Minus IDR 10 T

CNN Indonesia Friday, 17 Feb 2023 18:00 WIB 1. Turning Erick’s Brain to Fix BUMN Pension Funds which are Minus IDR 10 T 2. Strict supervision is needed from the BUMN minister to the OJK A number of SOEs are following Erick Thohir’s direction regarding due diligence on pension fund management because 65 percent of … Read more