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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]
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.
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.
The Investigating Committee for Preparatory Work for Independence (Indonesian: Badan Penyelidik Usaha-Usaha Persiapan Kemerdekaan, abbreviated as BPUPK; Japanese: 独立準備調査会, Hepburn: Dokuritsu Junbi Chōsakai, Nihon-shiki / Kunrei-shiki: Dokuritu Zyunbi Tyoosa-kai), sometimes referred to, but better known locally, as the Investigating Committee for Preparatory Work for Indonesian ...