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The Asian Affairs > Latest News > State-owned companies

Tag Archives: State-owned companies

Indonesia

COVID-19 treatment, President Jokowi suggests to utilize SOEs-owned hotels

By Desk Writer
March 19, 2020
in :  Indonesia

As a further step to take action on patients afflicted with coronavirus or COVID-19 as when the need arises, President Joko “Jokowi” Widodo has suggested that Wisma Atlet in Kemayoran and hotels owned by state-owned companies (SOEs) be utilized to treat them. Jokowi put forth the suggestion as part of the contingency plan that he had ordered to be prepared …

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Economy

12 SOEs Asked for Buyback of IDR 8 Trillion Shares

By Desk Writer
March 11, 2020
in :  Economy, Indonesia

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 …

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