Foreigners Who Become BUMN Directors Required to Report Wealth to KPK
The Corruption Eradication Commission (Komisi Pemberantasan Korupsi or KPK) requires foreign national directors of state-owned enterprises (Badan Usaha Milik Negara...
state-owned enterprises
Indonesia Allows Foreign Nationals to Lead State-Owned Enterprises
President Prabowo Subianto introduces a new policy allowing expatriates to lead Indonesia’s state-owned enterprises, aiming to raise competitiveness and align...
Nine Indonesian Companies Featured in 2024 Forbes Global 2000 List
The latest Forbes Global 2000 list has been released, featuring nine Indonesian companies including four State-Owned Enterprises. Forbes released the...
State-Owned Banks to Eliminate ATM Transaction Fees
State-owned banks under Himbara are planning to eliminate ATM transaction tariffs between member bank accounts in an effort to ease...
Minister Pandjaitan Defends Jokowi’ Aim to Have ‘Bules’ Running State-Owned Enterprises
Coordinating Minister for Maritime Affairs Luhut Pandjaitan expressed his agreement with President Jokowi pushing to have foreigners taking charge of...
Jokowi: I Want Foreigners to Run Some of Indonesia’s State-Owned Enterprises
With reports on Chinese workers coming to Indonesia and taking work from locals feeding an already anti-foreigner sentiment among some...