Southeast Asia's biggest economy to close more than 750 state-owned enterprises

🌐 VnExpress International (ID) —
Southeast Asia's biggest economy to close more than 750 state-owned enterprises

AI Summary

Indonesia's president announced plans to close over 750 state-owned enterprises by the end of the year, targeting unproductive companies. Discussions included the possibility of a special court to investigate falsified profits reported by some boards.

Indonesia's president mulled the possibility of a special court to investigate "unproductive" boards reporting "made up" profits, as he vowed to close 750 state-owned enterprises by year end.

World Politics Markets Deals Real Estate Indonesia state-owned enterprises SOE closure economic reform president special court corporate governance

Read original source →