PLN Boss Confesses to DPR: Cash Is Not Enough to Fund IDR 100 T Investment, Profit is Only IDR 5 T

TEMPO.CO, Jakarta – President Director of PT Perusahaan Listrik Negara (Persero) or PLN Zulkifli Zaini told the company’s financial condition in a meeting with Commission VI of the House of Representatives. Even by asking for PMN of Rp 5 trillion, the investment needs are still not fulfilled. Thus, PLN has to spend its own cash, … Read more

Knock! PMN injection for 12 SOEs Rp 106 T Approved by DPR

Jakarta, CNBC Indonesia – Deputy Chairperson of Commission VI of the DPR RI, Aria Bima, conveyed the results of the Joint Working Meeting of the Ministry of SOEs which was held on Wednesday afternoon (14/7/2021) regarding the proposed State Equity Participation (PMN). As a result, Commission IV of the DPR approved the proposed additional PMN … Read more

At the DPR, Erick said 12 SOEs were injected with PMN of Rp 72 T, here’s the list List

Jakarta, CNBC Indonesia – SOE Minister Erick Thohir again attended a Working Meeting (Raker) with Commission VI of the Indonesian House of Representatives on Wednesday afternoon (14/7) to discuss the contribution of SOEs in supporting the prevention of the Covid-19 pandemic and the amount of State Capital Participation (PMN) given to 12 companies. BUMN. This … Read more

Faisal Basri insinuates Erick Thohir about the injection of funds to SOEs

Jakarta, CNN Indonesia — Ekonom Senior Institute for Development of Economics and Finance (Indef) Faisal Basri throwing sarcasm at the Minister of SOEs Erick Thohir which will inject capital or State Capital Participation (PMN) of Rp106 trillion for state-owned companies for 2021 and 2022. According to Faisal, Erick should focus on saving people’s lives in … Read more