Weekly Business

SOE
Merpati Receives Strong Warning

STATE Minister of State-Owned Enterprises (SOEs) Mustafa Abubakar gave a strong warning to the new board of directors of PT Merpati Nusantara Airlines to improve the company's poor performance. Mustafa asked the state-owned company to be serious in handling its financial crisis. "We suggested a stage two loan from the Asset Management Company. It will be the last loan. If Merpati fails, then its existence will be r

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