SOEs Working on IKN Nusantara Project

State constructors are participating in developing the national capital city in East Kalimantan. Six State-Owned Enterprises (SOEs) established a joint venture to support the project.

AGO Cleans Up State-Owned Enterprises

The Attorney General's Office (AGO) has opened corruption cases in some state-owned enterprises since 2020. The total state losses incurred due to corruption reached Rp 61.9 trillion.

Problems Behind Shopee's Efficiency Step

Shopee plans to lay off workers in Indonesia in line with the deteriorating performance of Sea Group, which is its parent company.

PLN and Pertamina Bear Subsidies

Despite the global oil price increase, the government did not raise fuel and electricity prices. As a result, PLN and Pertamina have to bear the subsidies.

Shopee Safe in Indonesia Despite World Storm

Singapore-based e-commerce company Shopee has reoriented its business in several countries, leading to layoffs. However, this condition does not occur in Indonesia.

Row of Global and Local Giants on GoTo

Members of the DPR highlighted Telkomsel's investment in PT GoTo Gojek Tokopedia Tbk (GoTo) even though several global and local giants had previously invested in Gojek and Tokopedia, the forerunners of GoTo.

Telkomsel's Reason for Investing in GoTo

There are many potential startups in Indonesia. However, Telkomsel chose to invest in GoTo since it aligns with the company's long-term strategy and has strong potential for synergies.