AFTER not hearing anything about PT Bahana Pakarya Industri Strategis (BPIS), the holding company for Indonesia's strategic industries, for a long time, the company has suddenly started a restructuring program. And this time it's on a very large scale. The 10 companies under the BPIS banner will be reduced to only seven, working in five lines of business.

Companies that are in similar production sectors will be merged. The goals are to be mor