Indonesia's SOEs Soar in 2026: PT Timah Profits Jump 804%, Semen Indonesia 408% Amidst Prabowo's Reforms
President Prabowo Subianto announced exceptional SOE profit surges for the 2026 fiscal year, with PT Timah soaring 804.7% due to illegal mining crackdowns and PT Semen Indonesia rising 408%. This performance underscores the success of governance reforms and efficiency drives within the state sector.