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Aside from SOEs, there are also provincially- or municipally-owned corporations, locally known as Badan Usaha Milik Daerah (BUMD). The primary difference between BUMNs and BUMDs is the ownership of the enterprise, whereas BUMNs are controlled by the Ministry of State Owned Enterprise while BUMDs are directly controlled by the local government.
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 village-owned enterprise (Indonesian: Badan Usaha Milik Desa), often shortened to BUMDes or BUM Desa, is a type of company that is managed and established by an Indonesian village. These companies span a wide array of industries, from agriculture and mining to tourism and retail.
Jakarta [b] (/ dʒ ə ˈ k ɑːr t ə /; Indonesian pronunciation: [dʒaˈkarta] ⓘ, Betawi: Jakartè), officially the Special Capital Region of Jakarta (Indonesian: Daerah Khusus Ibukota Jakarta; DKI Jakarta) and formerly known as Batavia until 1949, is the capital and largest city of Indonesia and an autonomous region at the provincial level.
The main responsibilities of the ministry are the formulation, determination and implementation of policies related to political and general governance; regional autonomy; development of regional and village administration and matters of governance; regional development and finance as well as demographics and civil records. it also reviews laws passed by provincial legislatures.
The proportion of the core city's (Jakarta) population to that of the entire metropolitan area also declined significantly. In 2020, the population of Jakarta was only 30.4% of the total population of the Jakarta metropolitan area, continuing the decline from 54.6% in 1990 to 43.2% in 2000 and 35.5% in 2010.
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.
Jakarta (/ dʒ ə ˈ k ɑːr t ə /; Indonesian pronunciation: [dʒaˈkarta] ⓘ, Betawi: Jakartè), officially the Special Capital Region of Jakarta (Indonesian: Daerah Khusus Ibukota Jakarta; DKI Jakarta) and formerly known as Batavia until 1949, is the capital city of Indonesia and an autonomous region at the provincial level.