Dependent on the Weakest Link
It is unlikely that many SOEs will be able to achieve their targeted dividends to the government next year. Several SOEs are now in a very critical condition. Why is this weakness so difficult to deal with?
December 11, 2001
NOW it’s no longer the time to relax. This was the core of the message delivered by the House of Representatives (DPR) budget committee to directors of state-owned enterprises (SOEs). Starting next year, all state companies must deposit 50 percent of their dividends with the government. This even applies to Pertamina, which has enjoyed special treatment for many years and has only had to deposit a small part of its profits. Will the SOEs, m
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