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The BUMN Untuk Indonesia ("SOEs for Indonesia") campaign was launched by the Ministry of State Owned Enterprises in April 2020; [1] this logo was introduced together with a rebranding of the Ministry and the introduction of the AKHLAK core values across all state-owned enterprises effective on 1 July 2020.
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.
In 1965 the DAMRI BPU became a State Corporation (Indonesian: Perusahaan Negara, PN), and in 1982 it was reorganized as a public corporation. [2] [3] On 8 June 2023, Perum PPD, an Indonesian statutory corporation that moves in the transportation sector, specifically land transportation in Jakarta and areas surrounding the city, was merged into ...
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).
He was appointed to make BUMN the driving force of the national economy. The following individuals have been appointed Deputy Minister of State Owned Enterprises, or any of its precedent titles: Political party: Independent
PT Bio Farma (Persero) is an Indonesian state-owned enterprise based in Bandung, West Java and the only local vaccine manufacturer in Indonesia, [2] which produces vaccines and sera to support immunization in Indonesia and other countries. [3]
Astra International, Tbk. is an Indonesian conglomerate [1] controlled by Jardine Cycle & Carriage.It was founded in 1957 by Tjia Kian Tie, Liem Pen Hong with the name of PT Astra International Incorporated.