Asia·Aug 12, 2026
Vietnam Redraws State Ownership Lines in SOE Overhaul
New decree sets three-tier framework for government stakes, signaling fresh momentum in decades-long enterprise reform
By Tran Quoc Bao · 2 min ·
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Asia·Aug 10, 2026
Indonesia's Finance Ministry to Take Control of Loss-Making Whoosh Railway
Transfer from state fund Danantara aims to restructure operations of high-speed rail that lost $282.5 million in first half of 2026, but economists warn move may complicate safety oversight
By Siti Nuraini · 2 min ·
Asia·Jul 29, 2026
Indonesia's Whoosh Railway Partners Face Mounting Losses
State-owned enterprises absorbed $279 million in operating deficits during 2025 as the Jakarta-Bandung high-speed line struggles with profitability
By Priyanka V. Rao · 3 min ·
Asia·Jul 29, 2026
Vietnam's State Enterprises Exit Non-Core Assets Under Government Mandate
Hanoi's food conglomerate Vinafood 1 ordered to divest 14 subsidiaries as state firms reverse decades of diversification
By Tran Quoc Bao · 3 min ·
Asia·Jul 23, 2026
Jakarta's LRT City Project Faces Ministerial Probe After Years of Delays
State-owned developer apologizes as apartment buyers wait until 2038 for completion, prompting accountability push from housing minister
By Siti Nuraini · 3 min ·
Asia·Jul 22, 2026
Indonesia Targets 350 State Firms After Closing 250 Under Danantara
The consolidation drive aims to eliminate overhead waste and improve monitoring of state assets, with savings projected to reach 80 trillion rupiah by year-end.
By Siti Nuraini · 3 min ·