Between Sky High Losses and Political Booby Traps
State-owned enterprises, most of which are in a sorry state, are in a real Catch-22 situation: there are no buyers for them and it would be a pity to liquidate them. All in all, it's a real headache for the government.
October 2, 2001
THE office of the State Ministry for the Empowerment of State-Owned Enterprises is in a real mess. There are stacks of cardboard boxes all over the place and report folders scattered everywhere. It is certainly planned that the ministerial office will move from the Ministry of Finance complex at Lapangan Banteng to the Danamon building, located in the business center of Jakarta on Jalan Sudirman. "We've been getting ready for one and a half months ...