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Indonesia mulls management reshuffle at SoEs

Tuesday, 9 December 2014



JAKARTA, Dec 8 (Reuters): Indonesia is planning to review the running of its state-owned enterprises (SoEs), a minister said on Monday, the latest move in a series of reforms aimed at boosting confidence in Southeast Asia's biggest economy.
State Enterprises Minister Rini Soemarno confirmed the government was planning a management shake-up at state power utility Perusahaan Listrik Negara (PLN) similar to that at state energy firm Pertamina, which last month saw its entire board of directors dismissed and a new chief appointed. Six new directors were added this week.