Danantara Says 52% of State-Owned Enterprises Are Losing Money, Losing Rp 23 Trillion Each Year
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.4 Articles
4 Articles
https://www.law-justice.co/detail.php?ID=212541Badan Anagata Nusantara Daya Investment Manager (BPI Danantara) revealed that 52% of the total number of state-owned enterprises (SOEs) suffered losses of about IDR 20 trillion.
Danantara revealed that 52% of state-owned enterprises are making losses, with a total value of IDR 23 trillion per year.
BPI Danantara revealed that 52% of state-owned enterprises (SOEs) lost Rp 20 trillion. Layered transaction practices caused operational costs to balloon by US$2 million per year.
The number of state-owned enterprises (BUMN), which previously reached 1,074 companies, recorded losses of up to around USD 1.5 billion, equivalent to IDR 27.19 trillion, annually.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
