Minister of State-Owned Enterprises (SOEs), Erick Thohir, said that in the future there would be no more SOEs to build universities. He invited SOEs to cooperate with existing universities. Because the university currently has many discoveries that are not contained. “Yesterday I said that there was no SOE that wanted to make a university, but we and the university did …

Minister of State-owned enterprises (SOEs) Erick Thohir has confirmed that six SOEs listed on the Indonesian Stock Exchange will buy back their shares. This step is in efforts to shore up the domestic money market amid the coronavirus outbreak. “We are processing (proposals for) share buyback at the stock exchange. But, for the time being, I have only allowed six …

As many 12 state-owned companies were asked to repurchase (buyback) shares of companies circulating in the public. This is in accordance with instructions from SOE Minister Erick Thohir following the drop in stock trading, which is reflected in the Composite Stock Price Index (CSPI). According to Erick Thohir through his Special Staff Arya Sinulingga explained, the stock index fell 6.58 …

Due to the stock of the raw material is running low, where it is imported from China, the Indonesian government then is considering importing raw material for the production of masks from Europe. This was stated by State-Owned Enterprises Minister Erick Thohir. The raw materials for the production of masks have so far been imported from China. Since the stock …

CT Corps Chairman Chairul Tanjung talked about global and domestic economic conditions at the CNBC Indonesia Economic Outlook 2020. According to him, one thing to watch out for at home is the scandal and the Jiwasraya case. “Now we have a new virus in the country called Jiwasraya virus,” Chairul Tanjung, who is commonly called CT, said in his speech …

Minister of State-Owned Enterprises (BUMN), Erick Thohir said that as many as 130 high-ranking SOEs from a total of 140 SOEs did not submit business plans for the next five years. That means only 10 SOEs are carrying out the obligation. As mentioned by Erick in the banking sector there are PT Bank Mandiri (Persero) Tbk, PT Bank Rakyat Indonesia …

10 BUMN companies are currently dead weight or dying. Minister of State-Owned Enterprises (BUMN) Erick Thohir plans to close the red plate company. Erick revealed, 10 state-owned companies that were dying. Later, the state-owned company will be controlled with two options, namely closed (liquidation) or merged. However, Erick admitted that he still had to review the condition or performance of …