As an effort to pay clients’ claims that is currently being a problem of State-owned insurer PT Asuransi Jiwasraya, then the State-Owned Enterprises (SEO) Ministry plans to sell this company assets including a shopping mall and a collection of mutual funds. The plan to sell the assets, according to the ministry’s spokesperson Arya Sinulingga, it would start once the Jiwasraya …

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 …