Tag: SOEs
-
PMO Directs Coal India to List All Subsidiaries by 2030 to Boost Governance and Value
PMO Pushes for Greater Transparency at Coal India The Prime Minister’s Office (PMO) has set a clear governance agenda for Coal India Limited (CIL), directing that all of the state-run miner’s subsidiaries be mapped and listed by 2030. This move, announced as part of a broader push to improve public sector performance, signals a strong…
-
ICU Calls for Government Action on SOEs and Youth Jobs
Overview The Industrial and Commercial Workers’ Union (ICU) has urged the government to take decisive action on the challenges facing state-owned enterprises (SOEs) and to back initiatives aimed at creating jobs for young people. In a call that blends labor rights with economic development, the ICU argues that reforming SOEs and expanding youth employment opportunities…
-
ICU Urges Govt to Tackle SOE Challenges and Boost Youth Jobs
ICU presses for urgent action on state-owned enterprises The Industrial and Commercial Workers’ Union (ICU) has urged the government to address the persistent challenges facing key State-Owned Enterprises (SOEs) and to back initiatives that will expand job opportunities for young people. In its latest statement, the ICU emphasizes that a robust and reform-minded approach to…
-
ICU Urges Government to Tackle SOE Challenges and Create Youth Jobs
ICU Calls for decisive government action on SOEs The Industrial and Commercial Workers’ Union (ICU) has urged the government to step in and address the persistent challenges facing key State-Owned Enterprises (SOEs). The union argues that stabilizing these pivotal institutions is essential not only for the health of the national economy but also for safeguarding…
-
Danantara’s Bold Plan: Slashing Indonesia’s State Firms to Stop Cannibalization
Overview: Danantara’s Strategic Redesign In a sweeping move reflective of deeper fiscal reforms, Danantara, Indonesia’s sovereign wealth fund, has intensified its plan to dramatically reduce the number of state-owned enterprises (SOEs). The aim is to curb internal competition that officials describe as “cannibalization,” where multiple state-backed businesses end up competing against each other for limited…
-
Danantara to Trim State Firms to Prevent Cannibalization
Big Shakeup for Indonesia’s State-Owned Enterprises Indonesia’s sovereign wealth fund Danantara is accelerating a sweeping overhaul of the nation’s state-owned enterprises (SOEs). Senior officials acknowledge that fierce internal competition among government-backed firms has created a self-defeating dynamic, where each entity grows to cannibalize the others’ markets and profits. The plan aims to significantly slash the…