Meltdown

WHY is the Minister of State-Owned Enterprises so slow in understanding the principles of the share market? The privatization of PT Krakatau Steel would not have been so confusing if the minister had learned the lessons from the chaotic privatization of PT Semen Gresik 19 years ago, or that of PT Indosat in 2002. In addition to a lack of understanding on how the market works, the ministry was slow to read public opinion, which was against the sal

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