#STATE OWNED COMPANY

State-owned energy company PT Pertamina will cut prices for several non-subsidized fuels, including Pertamax Turbo, Dexlite and Pertamina Dex, effective July 1, while keeping subsidized fuel prices ...

PT Danantara Asset Management (DAM) officially initiated the merger of seven state-owned logistics entities in a major consolidation aimed at eliminating systemic inefficiencies, cutting overlapping ...

The government is removing business barriers and additional operational costs to encourage private investment in roll-on/roll-off (RoRo) logistics shipping, Transportation Minister Dudy Purwagandhi ...

State-owned energy company PT Pertamina is enforcing strict quality control measures in the distribution of aviation fuel in Bali to support safe flight operations amid an expected surge in travel ...

Trade Minister Budi Santoso stated that Minyakita, Indonesia's government-backed affordable cooking oil brand, is no longer included in the government's food assistance ...

Indonesia’s state wealth fund, Danantara, emphasized that its newly established critical natural resources export arm will run a profit-oriented business. “As it happens to be under ...

The government has launched the Presidential Future Leaders Program (PFLP) to prepare future leaders for state-owned enterprises (SOEs), according to Cabinet Secretary Teddy Indra Wijaya."The ...

The establishment of PT Danantara Sumber Daya Indonesia (DSI) as the sole exporter for several natural resource commodities is expected to strengthen the integrity of Indonesia’s trade system ...

Finance Minister Purbaya Yudhi Sadewa believes that the establishment of PT Danantara Sumber Daya Indonesia (DSI) as a state-owned enterprise (SOE) specifically for natural resource exports will have ...

State-owned railway company PT Kereta Api Indonesia (KAI) confirmed that at least four passengers were killed and dozens were injured in a train collision at the East Bekasi Station, Bekasi City, ...