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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]
Perusahaan Perseroan (Persero) are SOEs which are perseroan terbatas (PT) (i.e. a joint-stock company). This type of SOE is more independent than the Perums and the main goals of these firms are to gain profits and contribute to government revenue. This type of SOE is easy to recognize because they have the term Persero attached to their names.
The Job Creation Act (Indonesian: Undang-Undang Cipta Kerja), officially Act Number 11/2020 on Job Creation (Undang-Undang Nomor 11 Tahun 2020 Tentang Cipta Kerja, or UU 11/2020), is a bill that was passed on 5 October 2020 by Indonesia's House of Representatives, with the aim of creating jobs and raising foreign and domestic investment by reducing regulatory requirements for business permits ...
The Indonesian Chamber of Commerce and Industry (Indonesian: Kamar Dagang dan Industri Indonesia) or Kadin is an association of business organisations in Indonesia.Members of this organisation consist of entrepreneurs or a combination of national businesses from various sectors, both private-owned enterprises, cooperatives and government-owned enterprises.
Former government-owned companies of Indonesia (1 C, 3 P) G. Garuda Indonesia (1 C, 9 P) ... Perusahaan Listrik Negara; Perusahaan Perdagangan Indonesia; Pos Indonesia;
Heads of government: Legislative People's Consultative Assembly: Majelis Permusyawaratan Rakyat: Bicameral national legislature House of Representatives: Dewan Perwakilan Rakyat: Lower house of the legislature Regional Representative Council: Dewan Perwakilan Daerah: Upper house of the legislature Judicial Supreme Court: Mahkamah Agung: Highest ...
On 15 May 2023, President Joko Widodo signed into law Government Regulation No. 27/2023, which detailed rights granted to the authority. Save for powers reserved for central government (namely, foreign policies, defense and security, legislation, national fiscal and monetary affairs, and religious affairs), the authority is granted special autonomy for: [12] [13]
Small businesses external relations are essential for success, an external relationship is defined as " a commercially oriented connected between a small business and other two organizations". The most known types are alliances and networks, [ 13 ] a relationship based on mutual interests and benefits as well as forming relationships within ...