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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.
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]
Regional Development Banks (Indonesian: Bank Pembangunan Daerah, or BPD) are a type of bank in Indonesia that is established and owned by the local provincial government. Its purpose is to boost regional development and provide initial capital to the province that private banks would not risk giving, as well as giving basic financial services ...
Menteri Badan Usaha Milik Negara: Ministerial seal. Ministerial flag. Incumbent Erick Thohir. since 23 October 2019 () Ministry of State Owned Enterprises:
In September 2017, Badan Pusat Statistik (BPS) noted that inflation in Malang was 0.05%. [94] The underlying cause of inflation is the rise in the general consumer price index. [94] Although low, Malang's inflation rate was once the highest in East Java, that is in July 2017 with inflation of 0.30%. [95]
A business idea is a concept envisioned by individuals or teams that can be monetized through the delivery of products or services. Serving as the foundation for entrepreneurial ventures, a robust business idea is essential for the development and success of new enterprises.
In 1900, the Tuck School of Business was founded at Dartmouth College [4] offering the first advanced degree in business: the Master of Science in Commerce, a predecessor of the MBA. [5]