#BUMN
PLN asked to open large-scale Power Plant auctions in bundle scheme
Executive Director of the Institute for Essential Services Reform (IESR), Fabby Tumiwa, asks that State electricity company PT PLN to initiate auctions for large-scale renewable energy (EBT) projects this year, suggesting a bundle scheme or project package mechanism in an effort to secure economic viability of these EBT power plant projects by developers.
Erick summons Waskita, WIKA chiefs to discuss merger
Minister of State-Owned Enterprises, Erick Thohir, recently called upon executives of two state-owned construction companies, namely PT Waskita Karya (WSKT) and PT Wijaya Karya (WIKA), to discuss solution for their massive debts issue.
Pertamina Patra Niaga supplies marine fuel to cruise ships in Bali
Pertamina Patra Niaga, Subholding Commercial and Trading of PT Pertamina, has initiated the refueling of environmentally friendly fuel for cruise ships docking at Benoa Port in Bali on Monday. One of the recipients of this eco-friendly fuel is the Norwegian Jewel cruise ship.
Waskita's delisting by Indonesia Stock Exchange might affect investors
PT Indonesia Stock Exchange (BEI) recently announced PT Waskita Karya Tbk (WSKT) to be removed from the stock exchange or delisted which has a direct impact on investors.
Domestic consortium silently developing Indonesian made high-speed train called Merah Putih
A group consisting of Indonesian entities and companies, which includes PT Industri Kereta Api (Persero) (INKA), BRIN, UGM, ITS, ITB, and LPDP are developing an Indonesian-made high-speed train called "Merah Putih" valued at IDR 4 billion.
Foreign companies under scrutiny for worsening air quality in Indonesia, Malaysia, and Singapore
Several foreign companies are being scrutinized as potential contributors to deteriorating air quality in various regions of Indonesia, Malaysia, and Singapore.
Indonesia's electric vehicle motorcycle industry is regulating battery standardization
State-owned enterprise PT Indonesia Battery Corporation (IBC) is gearing up to commence battery standardization in collaboration with three domestic electric motorcycle manufacturers: Gesits, Alva, and Volta. This transformative initiative is expected to kick off no later than early next year.
Former deputy head of Indonesia National Police appointed as deputy main commissioner of PT Pindad
Commissioner General Agus Andrianto, Deputy Head of the Indonesian National Police (Wakapolri) was appointed Minister of State-Owned Enterprises Erick Thohir to become Deputy Main Commissioner of PT Pindad (Persero).
Pertamina strengthens energy partnership with Tanzania through comprehensive collaboration
Indonesia bolsters energy cooperation between nations through PT Pertamina (Persero), the state-owned Indonesian oil and gas company, inked a groundbreaking exploration and production agreement with Tanzania Petroleum Development Company (TPDC), a state-owned enterprise from Tanzania. This landmark collaboration was formalized during the official visit of President Joko Widodo (Jokowi) to Tanzania.
Megawati Soekarnoputri urges nuclear development and follow North Korea
Megawati Soekarnoputri, the Chairwoman of the Indonesian Democratic Party of Struggle (PDI-P), asserted that Indonesia should follow North Korea's lead in developing nuclear capabilities. The statement has inevitably sparked intense discussions,
Waskita Karya and Wijaya Karya face allegations of financial report manipulation
Deputy Minister of State-Owned Enterprises (SOEs) Kartika Wirjoatmodjo, suspected that the managements of PT Waskita Karya Tbk (WSKT) and PT Wijaya Karya Tbk (WIKA) might have manipulated their financial reports for years.
BSI’s data breach: A menace to Indonesia’s banking security
A ransomware cybercriminal group Lockbit 3.0 claimed on Saturday (14/5) that they have acquired 1.5 terabytes of data from PT Bank Syariah Indonesia (BSI). This massive breach comprises of sensitive personal information belonging to a staggering 15 million customers and staff members of the bank.