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BUMD

Archipelago 6 months ago

PREMIUM
Central Java to examine 3,000 old oil wells in Blora following fatal blasts

Blora proposes to hand over management of old oil wells to region-owned enterprise (BUMD), cooperatives and micro, small and medium enterprises (MSMEs) following an oil well fire in August that left five people dead.

Regulations 10 months ago

PREMIUM
Ministry plans to make use of unlicensed oil wells

The Energy and Mineral Resources Ministry plans to formulate a regulation for utilizing unlicensed oil wells to ramp up oil and gas lifting in the country.

Academia 1 year ago

PREMIUM
Strengthening supervision of state-owned enterprises

Because of weak supervision many SOEs have been plagued with corruption and collusion with third parties that has caused huge losses whose amounts are mind-boggling.

Election Updates 2 years ago

Prabowo-Gibran team criticizes Anies for recruiting ‘insiders’ in Jakarta

Anggawira claimed Anies appointed his acquaintances to various positions in the Governor's Team for Accelerated Development (TGUPP) and Jakarta-owned enterprises (BUMD).

City 6 years ago

PREMIUM
Two Jakarta-owned firms in hot seat over corruption allegations

Two city-owned developers Perumda Pembangunan Sarana Jaya and PT Jakarta Propertindo (Jakpro) are in the spotlight in a “preliminary examination” launched by law enforcement authorities into alleged graft in the businesses.

Business 6 years ago

PREMIUM
Erick Thohir vows to create synergies between SOEs and private sector

Erick’s appointment gives new hope to private companies seeking an opportunity to take part in government infrastructure projects.

Business 7 years ago

Govt tells Papua, Mimika to set up BUMD for Freeport shares

The administrations of Papua province and Mimika regency have not agreed on the distribution of 10 percent shares in Freeport Indonesia.

City 7 years ago

Several Jakarta-owned companies leave capital injections untouched: Official

The companies had requested the capital injections for projects, but had yet to start them.

City 7 years ago

Managements of MRT Jakarta, Transjakarta restructured

The Jakarta administration restructured on Monday the management of two city-owned companies specializing in transportation, PT MRT Jakarta and PT Transjakarta.

Opinion 7 years ago

PREMIUM
Involving state and regional-owned enterprises

Partnerships between the SOEs and other agencies in the region should be established.

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