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Business 23 Jan 2008 | 12:00 AM

Indonesia mulls over selling stakes in 37 state firms

Indonesia is considering selling stakes in 37 state firms in 2008 to help plug the budget deficit as it seeks to improve the firms' performance, the state enterprises minister said late on Monday.

Business 21 Aug 2013 | 12:00 AM

China state firms's profit growth quickens

BEIJING: Annual profit growth in China’s state firms picked up pace in the first seven months of 2013, official data showed, offering new signs that the economy may be regaining strength in the second half of the year.

World 04 Dec 2012 | 12:00 AM

Apparatchiks to return to Russian state firms' boards - paper

MOSCOW (Reuters) - Dmitry Medvedev's cabinet plans to name officials as directors of Russian state firms, less than two years after he ordered a boardroom purge to reduce state involvement in the economy, the Kommersant daily reported on Tuesday.

World 16 Feb 2012 | 12:00 AM

Analysis - Putin state firms crackdown: more show than substance

MOSCOW (Reuters) - Vladimir Putin has ordered Russia's state firms to clean up their act, but without fundamental reforms he may only scratch the surface of endemic graft and conflicts of interest that tar the country's bloated national champions.

Economy 08 Jul 2017 | 3:22 PM

Indonesian state firms lure foreign funds with share in future revenue

JAKARTA: Indonesian state firms are courting foreign pension funds by offering a share in future revenue from toll roads, power stations and other infrastructure projects, as part of a presidential drive to secure $10 billion in additional inflows.

AseanPlus News 12 Jan 2004 | 12:00 AM

Millions to lose jobs as state firms streamline

SOME three million workers may lose their jobs every year until 2006 as China#8217;s over-staffed state firms streamline.

Business 07 Apr 2016 | 12:00 AM

NZ Post mulls offers for Kiwibank stakes from two state firms

WELLINGTON: State-owned New Zealand Post has received offers from two other state firms to buy separate stakes in domestic lender Kiwibank in a move that would allow Wellington to cut debt at the postal service and boost capital without bringing in private investors.

Corporate News 31 Aug 2017 | 8:26 AM

Betting on China stocks? Investors in state firms have edge

SHANGHAI: As Chinese policy makers extend their economic reforms, state-owned enterprises (SOEs) have taken pole position in the nation's stock market this year, gaining rapid strength at the expense of private firms.

Business 05 Nov 2014 | 6:13 AM

China reform plan to loosen grip on some state firms

BEIJING: China is set to publish a planning document aimed at improving the country's inefficient state-led firms by harnessing the power of the market, subject to the government's enduring reluctance to cede too much control over the economy.

Business 27 Apr 2016 | 12:00 AM

China state firms report lower Q1 profits

BEIJING: Profits at China's state-owned firms fell 13.8% in the first quarter from a year earlier, though the rate of decline eased slightly from the first two months of the year, the Ministry of Finance said.