State Companies in the Red
A neka Tambang (Antam) CEO Arie Prabowo Ario-tedjo appeared to be elated when leaving the Flores Ballroom at Hotel Borobudur, Central Jakarta, on Wednesday last week. The decision reached in an Antam Extraordinary Stockholders General Meeting (RUPSLB) to approve merging companies in a holding company for mining state-owned enterprises (SOEs) gave Arie new hope.
When first presiding over Antam in early May, Arie had to deal with the…
INDONESIA is now home to Southeast Asias largest herd of unicorns. At the Digital Economic Briefing hosted by Tempo two weeks ago at the Indosat-Ooredoo building, Bukalapak proclaimed itself to be worth in excess of US$1.0 billion, or around Rp13.