Showing 191 results for "SOEs"
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Forex 29 Dec 2024 | 11:00 PM

SOEs’ record dividend payout pressures yuan

BEIJING: China’s ambitious campaign to revive its flagging stock market has made the yuan an unintended casualty, with record dividend payouts leading to outflows.

Corporate News 27 Aug 2024 | 06:17 AM

Chinese SOEs see uptick in Jan-July revenues

BEIJING: China's State-owned enterprises (SOEs) saw a 1.6-percent increase in revenues from January to July this year, the Ministry of Finance said on Tuesday.

World 24 July 2024 | 04:41 PM

China New Growth: China unveils inaugural list of most innovative central SOEs

BEIJING, July 24 (Xinhua) -- China's top state assets regulator released the inaugural list of centrally-administered state-owned enterprises (SOEs) leading in science and technology innovation on Wednesday.

Insight 2 July 2024 | 11:00 PM

Strengthening the supervision of SOEs

A sign that the government budget will face higher fiscal risks in 2025 became clear when state-owned enterprises (SOEs) minister Eric Thohir requested the House of Representative to approve additional capital injections of 44 trillion rupiah into various SOEs.

World 24 July 2024 | 04:31 PM

Economic Watch: China's SOEs destock housing inventory, boost market vitality

BEIJING, July 24 (Xinhua) -- State-owned enterprises (SOEs) in various regions across China have been purchasing existing housing inventory for trade-in deals recently, with some old homes incorporated into the affordable rental housing plan and tenants already moved in.

Business 25 Sept 2023 | 11:00 PM

Vietnam Planning Ministry sees signs of improvement in SOEs

HANOI: There has been progress made with business management and operations of state-owned enterprises (SOEs) during the first eight months of 2023, according to the latest report by the Planning and Investment Ministry (MPI).

Economy 8 Jan 2023 | 11:00 PM

Plans to drive growth of central SOEs

BEIJING: China will roll out guidelines for restructuring the layout of key sectors such as building construction, energy conservation and environmental protection for its centrally administered state-owned enterprises (SOEs) in 2023, according to the country’s top state assets regulator.

World 22 Nov 2023 | 05:56 PM

Chinese vice premier urges central SOEs to further assist Xinjiang's development

URUMQI, Nov. 22 (Xinhua) -- Chinese Vice Premier Zhang Guoqing has called on centrally-administered state-owned enterprises (SOEs) to make further efforts to assist Xinjiang, helping it to better serve and integrate into the country's new development paradigm.

Corporate News 7 May 2023 | 11:00 PM

Auditing rule to boost SOEs, listed firms

BEIJING: China strengthened regulations on the process of hiring accounting firms by state-owned enterprises (SOEs) and domestically listed companies in an effort to improve the quality of auditing, promote fairer competition among accounting service providers and effectively pursue high-quality development.

Markets 26 June 2023 | 11:00 PM

Experts doubt Indonesia govt’s plan to restrict bond issuance by ailing SOEs

JAKARTA: The government plans to restrict financially unsound state-owned enterprises (SOEs) from issuing bonds in the hope of preventing them from defaulting on payments.

Energy 15 Aug 2023 | 11:00 PM

More SOEs venture abroad with greener roadmap

China’s state-owned enterprises (SOEs) are actively building eco-friendly infrastructure projects in economies involved in the Belt and Road Initiative (BRI) to enhance their development resilience and achieve green growth, market watchers and business executives say.

Indonesia 24 Mar 2025 | 02:31 AM

No politics, just business, says key official at Indonesia’s new wealth fund

JAKARTA: Indonesia's sovereign wealth fund Danantara will focus on investments in the mineral sector, digital infrastructure, renewable energy and healthcare, among others, even as critics questioned its ability to avoid mixing business with political interests.

Business 22 Aug 2021 | 11:00 PM

Regulator asks SOEs to enhance industry chains

Beijing aims to create source for original technologies

Business 14 Aug 2022 | 11:00 PM

SOEs plan to delist from NYSE

Business 24 Feb 2021 | 11:00 PM

SOEs mull development plans

BEIJING: China’s centrally-administered state-owned enterprises (SOEs) are making growth plans for the 14th five-year period (2021-2025), with a focus on high-quality development to underpin broader economic and social development.

Economy 12 June 2022 | 11:00 PM

Major SOEs, overseas partners sustain trade flows

BEIJING: With China taking new policy measures to tackle the dual challenges of balancing Covid-19 mitigation with supporting economic growth in the short term, centrally administrated state-owned enterprises (SOEs) have been teaming up with foreign partners to sustain trade flows and ensure the smooth operation of global supply chains.

Indonesia 28 Mar 2025 | 05:52 AM

Muted Hari Raya for Indonesians as 'mudik' travel declines

JAKARTA: The country is likely to see a more reserved Idul Fitri this year as fewer people participate in the mudik (exodus) tradition amid financial hardship, widespread layoffs and President Prabowo Subianto 's sweeping austerity measures.

China 2 Apr 2021 | 04:56 AM

China to continue to free SOEs from performing social functions, to be competitive

BEIJING, April 1 (Xinhua): China will continue its efforts to free up state-owned enterprises (SOEs) from performing social functions to make them more competitive. So announced a teleconference held Thursday.

Indonesia 25 Feb 2025 | 05:10 AM

Prabowo’s Danantara faces uphill battle for investor trust: Analysts

President Prabowo Subianto launched Danantara, the nation's newest sovereign wealth fund, with US$20 billion in initial capital on Monday (Feb 24), but analysts have warned that the fund will face challenges in winning investor trust given its governance structure.

China 26 Jan 2022 | 11:27 AM

Profits of Chinese SOEs surge 30.1% in 2021

BEIJING (China Daily/Asia News Network): The combined profits of China's state-owned enterprise surged 30.1 per cent year-on-year to nearly 4.52 trillion yuan (US$715 billion) in 2021, official data showed Wednesday (Jan 26).

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