Indonesia to dissolve, merge underperforming SOEs World

Indonesia to dissolve, merge underperforming SOEs

The State-Owned Enterprises (SOEs) Ministry of Indonesia will close down or merge state-owned companies that have consistently failed to make profits, as part of the government’s SOEs restructuring plan, according to an official.
Deputy PM: Agro-forestry SOEs to be audited in 2019 Business

Deputy PM: Agro-forestry SOEs to be audited in 2019

A thorough audit of all State-owned agricultural businesses will be carried out in 2019 following next year’s concentrated restructuring efforts, so as to identify underperforming firms and other issues facing the sector.
Institute encourages SOEs equitisation Business

Institute encourages SOEs equitisation

Nguyen Dinh Cung, Director of the Central Institute for Economic Management (CIEM) urged accelerating state owned enterprises (SOEs) restructuring and equitisation soon.
Deputy PM urges faster sale of State capital Business

Deputy PM urges faster sale of State capital

In the next round of equitisation, State capital must be sold faster, at higher value, and the enterprises’ corporate governance must further improve, Deputy Prime Minister Vuong Dinh Hue has said.
Business

SOEs restructuring, taxation reform on the table

The Public Finance Partnership Group (PFPG) convened a high-level dialogue in Hanoi on July 23, focusing on its 2015-2016 activities to improve the restructuring of State-owned enterprises (SOEs) and reforms of taxation and customs procedures.