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Since 2003, there are two types of state-owned enterprises (SOEs) in Indonesia: Perusahaan Umum (Perum) ( lit. 'public company' ), are statutory public-benefit corporations with no shareholders. The main purpose of these SOEs is to provide goods and/or services to public. These firms are allowed to pursue profits.
The Ministry of State-Owned Enterprises (Indonesian: Kementerian Badan Usaha Milik Negara, shortened as Kementerian BUMN) is an Indonesian government ministry that oversee the development of state-owned enterprises in Indonesia.
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Mar 5, 2022 · The three state firms are electricity company PT Perusahaan Listrik Negara (PLN), oil and gas company PT Pertamina, and fertilizer company PT Pupuk Indonesia. The clustering efforts began in 2020, as many state firms decided to be merged.
of Indonesia’s State-Owned Enterprises 3.1 Introduction 84 3.2 Overview of Indonesia’s SOEs 86 3.3 SOEs and the Overall Economy 96 3.4 Financial Performance of SOEs 103 3.5 SOE-Related Revenues, Subsidies, Costs, and Risks 110 3.6 Recommendations 116 3.7 Conclusions 129 References 132 4.
Jun 6, 2023 · The purpose of this study was intended to reveal: (1) the phenomenon of strategic natural and economic resource governance in relation to Indonesia’s economic constitution; and (2) prospects for State-owned Enterprises (SOEs) with Indonesia Raya Incorporated (IRI) concept in relation to state corporate governance of natural and strategic economic resources. The study applied qualitative ...
This report provides an analysis of Indonesia's state-owned enterprises (SOEs), explores their prominent economic and social role, and explains how further reforms can unlock their commercial and developmental potential.
Mar 14, 2022 · State-owned enterprises’ performance in Indonesia: a strategic typology perspective - Author: Wahyu Apriyantopo, Atik Aprianingsih, Mandra Lazuardi Kitri State-owned enterprises’ (SOEs) goals are perceived as two-sided blades, providing goods or services to the public on one side and escalating the government’s wealth on the other side.
