Gov't Loosens Foreign Ownership Cap to Boost Local Insurance Industry

... crisis. Asuransi Jiwasraya, the largest state-controlled life insurer, currently needs ... mismanagement and alleged fraud. The State-Owned Enterprises Ministry has said it is ...

New Garuda Boss Says He Won't Look Back on Smuggling Scandal

... the company a “national pride”. State-Owned Enterprises Minister Erick Thohir appointed him ...

Irfan Setiaputra Named Chief Executive as Garuda Seeks to Refurbish Image

... and make Garuda even better," State-Owned Enterprises Minister Erick Thohir said on ... as the president director of state-controlled Industri Telekomunikasi Indonesia for ... , a career bureaucrat at the State-Owned Enterprises Ministry. "Mr. Triawan, with all ...

AGO Names Suspects in Jiwasraya Corruption Investigation as Case Takes Political Turn

... Office says corruption has left state-owned life insurer Asuransi Jiwasraya on ... billion) to the state. Since Jiwasraya is a state-owned company, the losses ... , Finance Minister Sri Mulyani and State-Owned Enterprises Minister Erick Thohir also attended ...

Indonesia Posts $25b State Budget Deficit in 2019

... Jakarta. Indonesia's state budget deficit widened ... of pressures on our state income," Finance Minister Sri ... resources, grants, state-owned enterprises' profits and other state incomes exceeded Rp ... the widening deficit, our state budget can still support our ...

Jokowi Streamlines Flood Response as Death Toll Rises to 67

... Social Affairs Ministry and the State-Owned Enterprises Ministry, together with the TNI ...

Garuda Drops Plan to Issue Islamic Bonds

... a new management team after State-Owned Enterprises Minister Erick Thohir removed five ...

SOE Ministry Denies Allegations Jiwasraya Fallout Turns Tidy Profit for Minister Erick

Jakarta. The State-Owned Enterprises Ministry has denied allegations that ... a reckless investment by ailing state-owned life insurer Asuransi Jiwasraya five ... investment scandal at the largest state-owned life insurer. Jiwasraya had announced ...

Former Banker Zulkifli Zaini Named as New PLN Boss

Jakarta. State-Owned Enterprises Minister Erick Thohir ... new president director of state utility company Perusahaan Listrik ... made his career at state-controlled Bank Mandiri. He ... sector and regionally owned and village-owned enterprises to produce electricity. ...

Jokowi Launches B-30, Upgraded Biofuel Program to Save $4.5b in Foreign Reserves

... South Jakarta. Biodiesel, developed by state-run oil company Pertamina and ... chief commissioner Basuki Tjahaja Purnama, State-Owned Enterprises Minister Erick Thohir and Coordinating ...