Jakarta – The State-Owned Enterprises (SOE) Ministry is limiting the number of expert staff members allowed on each SOEs' board of directors after finding that some staffers were paid h
Industry & State-Owned Enterprises
Displaying 201 - 250 of 465 Documents
September 8, 2020
September 7, 2020
Ardila Syakriah, Jakarta – Six months into the pandemic, Indonesian workers are not only at risk of massive layoffs but also of infections at their workplaces, as virus clusters have em
September 5, 2020
Arya Dipa, Bandung, West Java – As new clusters of COVID-19 transmission continue to emerge in industrial areas in Bekasi regency, West Java Governor Ridwan Kamil has urged factory work
September 2, 2020
Riska Rahman, Jakarta – Indonesia's manufacturing activity has shown signs of improvement for the first time since February, but risks remain as new COVID-19 clusters emerge in factorie
September 1, 2020
Tri Indah Oktavianti, Jakarta – The Constitutional Court (MK) has said that deputy ministers cannot hold concurrent roles at state-owned and private firms, arguing that they should focu
Yunindita Prasidya, Jakarta – The Finance Ministry's State Assets Directorate General (DJKN) has said it will accelerate the disbursement of Rp 20.5 trillion (US$1.4 billion) in state c
August 28, 2020
Riska Rahman, Jakarta – State-owned cement producer PT Semen Indonesia expects domestic cement demand to contract by 13 to 15 percent this year.
August 27, 2020
Antara, Jakarta – Covid-19 infection clusters in companies have spread in Bekasi Regency, West Java. There are at least 30 firms reported positive cases.
Jakarta – Two factories in Karawang, West Java, have been locked down for 14 days by the local administration in response to a report that dozens of employees tested positive for COVID-
Dzulfiqar Fathur Rahman, Jakarta – The COVID-19 pandemic has aggravated the prevalent issues of competitiveness that have been battering the Indonesian textile industry, as people are b
August 25, 2020
Jakarta, Indonesia – South Korea's LG Electronics has temporarily shut a factory near Indonesia's capital after some 200 employees contracted coronavirus, the company and a local offici
August 24, 2020
Mardika Parama, Jakarta – The sizeable initial investment required to establish a lithium battery manufacturing facility is one of the primary challenges in developing the country's bat
August 5, 2020
Yunindita Prasidya, Jakarta – Despite improvement in July, Indonesia's manufacturing industry has yet to recover from the deep downturn earlier this year, as domestic consumption remai
July 22, 2020
Mardika Parama, Jakarta – Indonesia's automotive industry players can breathe a sigh of relief as national car sales in June rebounded strongly, promising a smoother road for the rest
July 17, 2020
Riska Rahman, Jakarta – The House of Representatives has approved a plan to channel Rp 151.1 trillion (US$10.32 billion) into state-owned enterprises (SOEs) as part of the government's
July 13, 2020
Adrian Wail Akhlas, Jakarta – Factory activity in Indonesia fell to its lowest level ever in the second quarter as the coronavirus pandemic caused a slump in demand and disrupted suppl
Antara, Jakarta – PT Daimler Commercial Vehicles Manufacturing Indonesia (DCVMI) announced in a press release on Monday that its West Java Wanaherang factory had restarted manufacturin
July 6, 2020
Riza Roidila Mufti, Jakarta – Small and medium enterprises (SMEs) in Indonesia are battling with challenges ranging from an unstable internet connection and logistics disruptions to fi
Yunindita Prasidya, Jakarta – The government has collected more than Rp 40 trillion (US$2.82 billion) in dividends from five major state-owned enterprises (SOEs) alone this year, while
July 3, 2020
Jakarta – Authorities in Bekasi, West Java, have discovered a cluster of COVID-19 cases in a factory run by publicly listed consumer goods giant PT Unilever Indonesia in the Cikarang i
Moch Fiqih Prawira Adjie, Jakarta – Anwar, an ad hoc corruption judge at the Jakarta Corruption Court, has been appointed to serve as one of the commissioners for PT Pertamina Patra Ni
July 1, 2020
Ridho Syukra, Batang, Central Java – Seven companies from Japan, South Korea, Taiwan, and the United States set to begin plant construction at Batang industrial estate in Central Java
June 29, 2020
Rizki Fachriansyah, Jakarta – The Indonesian Ombudsman has found that hundreds of state officials, including active members of the police and military, sit as commissioners of state-ow
June 18, 2020
Dzulfiqar Fathur Rahman, Jakarta – The government plans to buy products and services from small and medium enterprises (SMEs) for official state procurement, potentially spending over
June 16, 2020
Dzulfiqar Fathur Rahman, Jakarta – Small and medium enterprises (SMEs) have shifted to producing personal protective equipment (PPE), which remain in high demand, to survive the econom
June 12, 2020
Maikel Jefriando and Gayatri Suroyo, Jakarta – Indonesia plans to build one of its largest industrial parks on the north coast of Java island in a renewed drive to attract manufacturer
Norman Harsono, Jakarta – The government has cut the board of directors of state-owned oil and gas giant Pertamina from 11 positions to six, a leaked document shows, in a continued cam
June 7, 2020
Jakarta – State-Owned Enterprises (SOE) Minister Erick Thohir has appointed presidential spokesperson Fadjroel Rachman as the new commissioner of state-owned construction firm Waskita
June 4, 2020
Riska Rahman and Adrian Wail Akhlas, Jakarta – Several ailing state-owned enterprises (SOEs) are still in the dark over how to raise funds to finance their operations and pay debts des
Ivany Atina Arbi, Jakarta – A recent survey by the International Labor Organization (ILO) has revealed that the majority of small and medium enterprises (SMEs) in Indonesia had been fo
June 2, 2020
Tassia Sipahutar – Indonesian companies from airlines to builders of luxury condos and cement makers are warning investors of plunging revenue and profit as the coronavirus pandemic ra
Norman Harsono, Jakarta – State-owned oil and gas giant Pertamina plans to explore opportunities in the pharmaceutical industry and expand its hospital business as Indonesian fossil fu
May 29, 2020
Mardika Parama, Jakarta – Automaker Nissan Motor Indonesia (NMI) announced the official closure of its factory in Indonesia as its Japanese parent company disclosed a restructuring pla
May 27, 2020
Norman Harsono, Jakarta – Most state-owned enterprises (SOEs) have compiled their post-restriction or "new normal" business recovery protocols in a preemptive strike for when regions l
May 25, 2020
Chairul Fikri, Jakarta – An Indonesian factory that produces shoes for American company Nike has sacked 4,985 workers as the economic impact from the Covid-19 pandemic continues to tak
May 22, 2020
Yunindita Prasidya, Jakarta – Steelmakers are facing severe blows to their business with demand during the COVID-19 pandemic having decreased by 90 percent from normal times.
May 21, 2020
Anselmus Bata, Abdul Muslim, Diana Mariska, Jakarta – Indonesia's powerful business lobby, which includes some of the country's largest employers, has criticized the government's $44 b
May 20, 2020
Mardika Parama, Jakarta – Weakening purchasing power following business disruptions caused by the COVID-19 pandemic has battered the country's automotive industry, forcing carmakers to
Arya Dipa, Jakarta – The Industry Ministry has issued more than 5,800 operational permits to companies in West Java to keep operating amid the large-scale social restrictions (PSBB).
May 19, 2020
Mardika Parama, Jakarta – Indonesia's infamous red tape could dissuade investment from US pharmaceutical companies looking to relocate from China, experts say.
May 14, 2020
Yustinus Paat, Jakarta – The Jakarta provincial government said a total of 3,998 companies in the capital city had adhered to the rules of the large-scale social restriction, or PSBB,
May 13, 2020
Riska Rahman and Adrian Wail Akhlas, Jakarta – Experts are calling on the government to ensure transparency and tight supervision as it prepares a national economic recovery program th
May 11, 2020
Yunindita Prasidya, Jakarta – The downturn in Indonesia's manufacturing sector is likely to continue until the end of the year as demand and factory activity will remain low even after
May 4, 2020
Adrian Wail Akhlas, Jakarta – Indonesia's manufacturing output and new orders collapsed in April as the COVID-19 pandemic forced factories to close and crushed demand for manufactured
Marchio Irfan Gorbiano, Jakarta – The domestic defense industry is feeling the pinch from COVID-19 as it struggles to maintain manufacturing output amid disruption to supply chains and
Jakarta – The Jakarta administration will revoke the business licenses of at least 200 companies that have flouted the implementation of large-scale social restrictions (PSBB) in the c
April 30, 2020
Asip Hasani, Surabaya, East Java – Tobacco giant HM Sampoerna's factory in Rungkut district of Surabaya, East Java, has temporarily shut down following reports that two of its workers
Dzulfiqar Fathur Rahman, Jakarta – Factory activity has collapsed with only one third of manufacturing companies and workers operating at present, a high-ranking official has said.
Mardika Parama, Jakarta – As COVID-19 continues to batter the Indonesian economy, 70 percent of textile and textile product (TPT) companies face permanent closure as a result of plungi
April 29, 2020
Antara, Jakarta – The Jakarta administration through Manpower, Transmigration, and Energy Agency has temporarily sealed 101 companies or offices violating the Large-Scale Social Restri