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Key business players in Indonesia’s economy
- State-owned enterprises (SOEs) are key business players in Indonesia’s economy with their dominance in strategic industries. Indonesia’s constitution mandates the government to control “livelihood of Indonesians” industries, thus making the government the market leader in certain sectors.
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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.
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.
4 days ago · The article examines the embeddedness of the PPP model in Indonesia, where it is selectively appropriated by politicians and bureaucrats in line with state development objectives by mobilizing state-owned enterprises (SOEs) as developers, insurers and financiers of infrastructure projects.
Explaining how SOEs have the potential to help solve core challenges around building infrastructure or tackling climate change, it shows how strengthening SOEs through targeted measures can ensure they better support Indonesia’s pandemic recovery and drive stronger economic growth. Contents. Executive Summary. Introduction.
Apr 22, 2022 · They play a key role in a range of critical industries—including electricity, pharmaceuticals, air navigation services, food distribution, and logistics, to name a few—that must be part of the solution to the dual COVID-19 and climate challenges.
Jun 6, 2023 · Article. Conditions, Challenges and Prospects of State-owned Enterprises in Indonesia: The Governance Perspective Based on Economic Constitution. Published: 06 June 2023. Volume 18 , pages 2459–2484, ( 2023 ) Cite this article. Download PDF. Roderikus Agus Trihatmoko & Y. Sri Susilo. 164 Accesses. 2 Citations. Explore all metrics. Abstract.
Mar 14, 2022 · Purpose. 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. Treating the SOEs, government encounters the problem of injection strategy or privatize them.
