Jakarta, Jan. 15 -- State asset fund Danantara Indonesia has announced its plan to implement major reforms in state-owned enterprises (SOEs) beginning in 2026, aiming to strengthen the national economy and improve business efficiency.
According to Danantara, large state-owned banks, including Bank Rakyat Indonesia (BRI), Bank Mandiri (BMRI) and Bank Negara Indonesia (BNI), are well positioned to improve revenue thanks to lower funding costs and stronger loan growth. Telecommunications firm Telkom Indonesia (TLKM) is also expected to enhance shareholder value through better utilisation of its scale and existing assets.
Positive signs have emerged from restructuring efforts at several large SOEs, including national airline Garuda Indonesia,...