Search results
Results from the WOW.Com Content Network
In Indonesia, state-owned enterprises (Indonesian: Badan Usaha Milik Negara (BUMN)) play an important role in the national economy. Their roles includes contributor for national economy growth , providing goods or services which are not covered by private company , employment provider, providing support guidance to small and medium businesses ...
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. The ministry is led by a Minister of State Owned Enterprises, who reports to the President. [1]
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation.SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce.
As part of the JKN, on 1 January 2014, PT Askes (Persero) was changed from a state-owned company into BPJS Kesehatan, a public agency, which becomes the provider of JKN. [3] [4] It is expected that the entire population will be covered in 2019. [5] [6] [7] In 2016, the BPJS program had a deficit of more than six trillion IDR.
The current Indonesian minister of state owned enterprises is Erick Thohir since 23 October 2019. The minister is supported by deputy minister of state owned enterprises which is Pahala Mansury and Kartika Wirjoatmodjo.
Pertamina fuel station in Bali. PT Pertamina (Persero) [a] is an Indonesian state-owned oil and natural gas corporation, headquartered in Jakarta. [2] It was created in August 1968 by the merger of Pertamin (established 1961) and Permina (established in 1957).
PT Perusahaan Listrik Negara (Persero) (lit. ' State Electricity Company ' , abbreviated as PLN ) is an Indonesian government-owned corporation which has a monopoly on electric power distribution in Indonesia and generates the majority of the country's electrical power, producing 176.4 TWh in 2015.
To reduce the burden of debt, the government began privatizating state-owned firms. Based on the Letter of Minister of State for Investment and Development, S-59/M-PM.BUMN/2000 dated 7 March 2000, PT. Kimia Farma privatized. [4] The directors of PT. Kimia Farma (Limited) established two subsidiaries on the 4 January 2002, PT. Pharmacy and PT ...