Soon to Come: State-Owned Holding Companies
THERE is no reason for the government to hastily set up new state holding companies. However desperate it may be, the government should do meticulous and careful business calculations and at all times adhere to the pertinent laws.
The plan was spearheaded by State-Owned Enterprises (SOE) Minister Tanri Abeng in 1988, but was never fully implemented. So far, there are only three such firms and they are involved in fertilizer, cement and plantation/forestry businesses.
January 24, 2017
THERE is no reason for the government to hastily set up new state holding companies. However desperate it may be, the government should do meticulous and careful business calculations and at all times adhere to the pertinent laws.
The plan was spearheaded by State-Owned Enterprises (SOE) Minister Tanri Abeng in 1988, but was never fully implemented. So far, there are only three such firms and they are involved in fertilizer, cement and plantati
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