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Monday, 17 June 2019 11:33

4 Indonesian state-owned companies Enter Forbes' World's Largest List of Public Companies

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Four Indonesian state-owned companies have been included in the list of the largest public companies in the world in 2019, released by Forbes, a US economic magazine. They are PT Bank Rakyat Indonesia, PT Bank Mandiri, PT Telekomunikasi Indonesia and PT Bank Negara Indonesia. Minister of State-Owned Enterprises, Rini Soemarno said in Jakarta on Thursday (13/6) that the international recognition and appreciation of the performance of the Indonesian state-owned companies was a proof of their seriousness in realizing a long-term vision as service providers and having the best performance. She was very proud of the Forbes ranking which shows Indonesian state-owned companies to have strong competitiveness with other top global companies. Forbes released a list of the 2,000 largest global public companies in the world in 2019. Selected companies are spread in 61 countries, with the criteria of the largest global public companies that refer to the size of market capitalization, sales or income, profits and assets in 2018. In the list, BRI occupies in the position of 363. Meanwhile, Bank Mandiri is in the 481. PT Telkom Indonesia 747 and BNI is 835. Minister Rini Soemarno emphasized that the international recognition and appreciation of the performance of these state-owned companies were inseparable from their performances that were getting stronger. Thanks to the hard work and synergy built through the vision of Indonesian state-owned companies, “One Nation, One Vision, One Family, to Excellence". According to Minister Rini Soemarno, the positive performance will be safeguarded and increased so that they can continue to serve the country, becoming agents of development that focus on improving people's welfare. She added that her ministry is committed to always improving the performance and service of all state-owned companies.

Read 1857 times Last modified on Monday, 17 June 2019 14:07