#BUMN
IHC, Singhealth seals deal collaboration to improve patient care
PT Pertamina Bina Medika, an Indonesia Healthcare Corporation (IHC) and holding of state-owned hospitals, signed a Memorandum of Understanding (MoU) with SingHealth, Singapore's largest public healthcare group, on cross-sharing of clinical practices, innovations, training to improve the quality of healthcare services.
PGN optimizes LNG to meet industrial energy needs
State-owned gas distribution company PT Perusahaan Gas Negara (PGN) is set to optimize liquefied natural gas (LNG) products to penetrate deeper into the market and meet industrial energy needs. This strategic move aims to ensure resilience amidst global geopolitical risks.
Hutama Karya uncovers PMN absorption, progress of projects
PT Hutama Karya (HK) reveals that they have absorbed 76 percent of the total State Capital Injection (PMN) amounting to Rp112.5 trillion (US$6.9 billion) injected from 2015 until 2023.
BPMA awaits proposal for Pertamina EP's oil asset return to Aceh
The Aceh Oil and Gas Management Agency (BPMA) is awaiting the proposal from Pertamina EP regarding the return of certain oil block assets to the Aceh Provincial Administration.
HK consortium to undertake Trans Papua Road Project
PT Hutama Karya (HK) has been named by the Ministry of Public Works and Housing (PUPR) as the winner of the bidding for the construction of the Trans Papua Road section from Jayapura to Wamena, specifically the Mamberamo-Elelim segment in Papua Mountains Province.
Erick prepares SOEs against impact of global economy, geopolitics
Minister of State-Owned Enterprises (SOEs) Erick Thohir has warned the Indonesian SOEs to anticipate the impact of global economic and geopolitical turmoil, citing the US inflation at 3.5 percent as indicator that the Fed would not lower the benchmark interest rate (Fed Fund Rate) in the near future.
Jokowi approves US$6 billion capital injection for WIKA
President Joko “Jokowi” Widodo has approved the additional state capital injection (PMN) to PT Wijaya Karya (WIKA) amounting to Rp6 trillion (US$419 million).
PT Pupuk Indonesia to distribute subsidized fertilizer
PT Pupuk Indonesia is poised to bolster Indonesia's agricultural productivity with the distribution of 9.55 million tons of subsidized fertilizer, through an investment of IDR 54 trillion (US$3.4 billion).
PLN EPI Ensures Coal Stock for Power Plants Secure During Ramadan
PLN Energi Primer Indonesia (PLN EPI) has assured that coal supply for power generation are generally in a secure condition.
Pertamina Hulu Energi seeks cost recovery scheme for 4 oil and gas blocks
PT Pertamina Hulu Energi (PHE), a subsidiary of State energy company PT Pertamina, has submitted a request for a contract scheme change from the gross split to cost recovery in four oil and gas blocks managed by the company earlier this year.
Pertamina Patra Niaga supports F1 Power Boat event
State oil and gas company PT Pertamina, through its subsidiary Pertamina Patra Niaga, has supported the energy needs for the implementation of the Pertamina Grand Prix of Indonesia World Powerboat Championship Formula 1 (F1H2O) held at one of Indonesia's popular destinations, Lake Toba, on March 2-3, 2024.
