Towards the end of 2020, the Minister of State-Owned Enterprises (BUMN), Erick Thohir, announced his plan to dissolve 14 State-Owned Enterprises (BUMN). The plan was conveyed by Minister’s special staffer, Arya Sinulingga. Earlier this month, we learned that the Government through PT Perusahaan Pengelola Aset (PT PPA) had sued for the cancellation of the peace agreement reached in the debt restructuring process of PT Merpati Nusantara Airlines (Persero). This week, Arya mentioned the plan to put several BUMNs through the same process. So now they share the same fate as Merpati. To subscribe please click here
