ID :
71810
Thu, 07/23/2009 - 19:17
Auther :
Shortlink :
https://www.oananews.org//node/71810
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PRESIDENT ADMITS STATE ENTERPRISES` PERFORMANCE NOW BETTER
Cengkareng, Indonesia, July 23 (ANTARA) - President Susilo Bambang Yudhoyono has admitted that state enterprises (BUMNs) performance has improved over the past five years.
In his address to mark the dedication of PT Garuda Indonesia's new management building at Soekarno-Hatta International Airoport in Cengkareng on Thursday, President Yudhoyono said BUMNs' performance at present was much better than five years ago.
In January 2005 when the president opened a BUMN summit, he noted that hundreds of state enterprises were operating at a loss at the time, including PT Garuda Indonesia.
Therefore. he challenged all state enterprises to make every possible effort to become profit-making companies in the following years without relying on advantageous state policies.
The president challenged the state companies at the time because he wanted them be compete in a healthy way with private companies at home and abroad.
"From the report of the state enterprises minister, I conclude that the performance of state companies at present is much better than it was before," the president said.
Before the president delivered his address at the dedication of Garuda's new building, State Enterprises Minister Sofyan Djalil reported the companies' performance over the past five years had improved.
According to Djalil, the good performance was marked by the 300 percent rise of BUMN dividend against state revenue from less than Rp10 trillion in 2004 to Rp29 trillion in 2008.
While the BUNM net profit also rose by 77 percent from Rp44 trillion in 2004 to Rp78 trillion in 2008.
According to the minister, all BUMN assets in 2008 also rose by 38 percent to Rp2,000 trillion.
In response to the minister's report, President Yudhoyono said BUMN management at present was getting better and therefore the companies net profit and the dividend also increased.
"The BUMN management has been better but it has yet to finish," the president said, adding that the BUMN leaders were the right men on the right place.***
In his address to mark the dedication of PT Garuda Indonesia's new management building at Soekarno-Hatta International Airoport in Cengkareng on Thursday, President Yudhoyono said BUMNs' performance at present was much better than five years ago.
In January 2005 when the president opened a BUMN summit, he noted that hundreds of state enterprises were operating at a loss at the time, including PT Garuda Indonesia.
Therefore. he challenged all state enterprises to make every possible effort to become profit-making companies in the following years without relying on advantageous state policies.
The president challenged the state companies at the time because he wanted them be compete in a healthy way with private companies at home and abroad.
"From the report of the state enterprises minister, I conclude that the performance of state companies at present is much better than it was before," the president said.
Before the president delivered his address at the dedication of Garuda's new building, State Enterprises Minister Sofyan Djalil reported the companies' performance over the past five years had improved.
According to Djalil, the good performance was marked by the 300 percent rise of BUMN dividend against state revenue from less than Rp10 trillion in 2004 to Rp29 trillion in 2008.
While the BUNM net profit also rose by 77 percent from Rp44 trillion in 2004 to Rp78 trillion in 2008.
According to the minister, all BUMN assets in 2008 also rose by 38 percent to Rp2,000 trillion.
In response to the minister's report, President Yudhoyono said BUMN management at present was getting better and therefore the companies net profit and the dividend also increased.
"The BUMN management has been better but it has yet to finish," the president said, adding that the BUMN leaders were the right men on the right place.***
