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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 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.
Erick Thohir (born 30 May 1970) is an Indonesian businessman and politician who served as Minister of State Owned Enterprises since 2019. He is the chairman of Football Association of Indonesia since 2023 and founder of Mahaka Group, [1] a conglomeration that focuses on media, sports and entertainment.
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.
The agency, which managed the electricity and gas, then dissolved on 1 January 1965. At the same time, two state-owned companies were established: Perusahaan Listrik Negara (PLN) to manage the electricity sector and Perusahaan Gas Negara (PGN) to manage the natural gas sector. PGN was officially established on 13 May 1965.
The Coordinating Ministry for Economic Affairs (Indonesian: Kementerian Koordinator Bidang Perekonomian) is an Indonesian government ministry in charge of planning and policy co-ordination, as well as synchronisation of policies in the field of economics.
PT Bank Tabungan Negara (Persero) Tbk, lit. "National (State) Savings Bank", abbreviated and trading as BTN (currently stylized in its logo in all-lowercase ), is an Indonesian commercial bank best known as a mortgage bank , headquartered in Gambir , Jakarta .