Inglorious Performance - Opinion - magz.tempo.co

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Inglorious Performance

Tuesday, May 31, 2005

PT Pelni, the state-owned shipping company, continues to lose revenue. An investigative and corporate audit is urgently needed.

. tempo : 173274282950.

ALTHOUGH Indonesia is known as the world's largest archipelago, its national shipping industry remains miniscule. Even the largest state-owned shipping company, PT Pelni being sidelined. In 2003, Pelni lost Rp382.5 billion, although it had received a Rp80 billion subsidy from the government. As a consequence, the principal government aid program known as the public service obligation (PSO) must be increased to Rp250 billion this year,

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