A fossil fuel shipper and a geothermal energy firm are among the 14 state-owned companies that the Indonesian government plans to list in the stock market by 2023 in an effort to both improve management and replenish public coffers drained by the coronavirus response.
Indonesia is home to over 100 SOEs, according to the government. Out of that number, 34 are already being traded on the stock market — mainly those in key industries like transportation and energy. READ MORE (GOOGLE CACHE)
Similar Posts:
- The Emerging Asia Pacific Capital Markets: Indonesia (CFA Institute)
- Indonesia’s Smaller Cities Catching Eye of Startup Investors (Nikkei Asia)
- Indonesia’s Energy Pipeline Springs Leak as Chevron Eyes Exit (Nikkei Asia)
- Indonesian Conglomerate CT Corp Embarks on Journey Toward IPO (Nikkei Asia)
- Speculators And Hit-And-Runs: Investing in Indonesia
- Oil Price Rally Puts Asian Governments in a Tight Spot (Nikkei Asian Review)
- Indonesia Seen Producing at Least 10 More Unicorns by 2030 (The Asset)
- Fortune Magazine’s Best Emerging Markets to Invest in Now
- Jakarta Composite Index Surpasses Key Psychological Benchmark on Political News (JP)
- Southeast Asian Tech Hubs Race to Become the Next Silicon Valley (Nikkei Asian Review)
- What Makes Asia−Pacific’s Generation Z different? (McKinsey & Co)
- BlackRock’s Swann: Look at the China Slowdown in a Long Term Context (FE Trustnet)
- Cash Splash: How Sea Became Southeast Asia’s Biggest Public Company (Nikkei Asia)
- Interview with Herald van der Linde (Asian Century Stocks)
- Investors Are Returning to Emerging Markets in Asia But Indonesia Looks Risky (CNBC)
