From toll-road operator PT Jasa Marga to electricity producer PT Perusahaan Listrik Negara, these 118 companies
JAKARTA: Indonesia is shutting off the public funding tap for state-owned companies, pushing them to turn to the markets for capital.
From toll-road operator PT Jasa Marga to electricity producer PT Perusahaan Listrik Negara, these 118 companies – with combined sales of US$133bil – must embrace new sources of fundraising starting next year, State-Owned Enterprises Minister Rini Soemarno said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
