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These firms are allowed to pursue profits. Perums, however, are increasingly rare as the government are converting many of them into perusahaan perseroan (see below), especially after the 1980s. Perusahaan Perseroan (Persero) are SOEs which are perseroan terbatas (PT) (i.e. a joint-stock company).
Former PT Tjipta Niaga head office in Jakarta (picture taken in 2011) Head office of PT Kerta Niaga (merged into PT Dharma Niaga) in Jakarta (picture taken in 2011) PT Perusahaan Perdagangan Indonesia (Persero) (lit. ' Indonesia Trading Company '), or PPI, is the only Indonesian state-owned trading house.
Bank Mandiri was established on 2 October 1998, and the merged banks operated effectively as a single bank starting on 31 July 1999. The name Mandiri ( Indonesian for "self-reliant" or "independent") was coined by President B. J. Habibie during his presidency, with the hope that the bank could become a self-reliant bank and encourage the people ...
In 1965 the DAMRI BPU became a State Corporation (Indonesian: Perusahaan Negara, PN), and in 1982 it was reorganized as a public corporation. [2] [3] On 8 June 2023, Perum PPD, an Indonesian statutory corporation that moves in the transportation sector, specifically land transportation in Jakarta and areas surrounding the city, was merged into ...
In the same year Bakrie Group obtained the license to operate fixed wireless telecommunication and entered the telecommunications sector with PT. Bakrie Telecom. [6] In 2001, Bakrie Group entered gas and oil sector as PT. Energi Mega Persada (“ENRG”) a company focused on developing and exploring the upstream oil and gas in Indonesia was ...
The name of the airport was reported to be a suggestion from the people of Karo to the government and later granted by the Ministry of Transportation. [6] The name consists of two words: 'Kuala,' a Malay and Indonesian word for 'river mouth;' [7] and 'Namu' or 'Namo,' the Karonese for 'deep sea.' [8] Thus, 'Kualanamu' means 'meeting point.' [6] Kualanamu is one of the very few airports in the ...
PT. Indonesia Power: Government: Boiler from Shanghai Co. Ltd, Turbines and generators from Shanghai Co. Ltd [3] [4] Paiton: Paiton: Probolinggo: East Java: Java-Bali: 2 x 670 2 x 610 1 x 850: 2,300: PT. Paiton Energy (IPP) Private: Boiler supplied by ABB, Turbines and Generators supplied by GE [4] Tanjung Jati-B I coal-fired: Bangsri: Jepara ...
In 1972, PT Musim Mas was officially established in Tanjung Mulia, Medan. The company expanded its operations in 1988 by starting its plantation in Rantau Prapat , North Sumatra. Two years later, in 1990, Musim Mas set up its first kernel-crushing plant in Medan and in 1991, it established its first palm oil mill in Rantau Prapat.