{
    "success": true,
    "data": {
        "id": 1652114,
        "msgid": "indonesia-seeks-stronger-soe-role-in-national-development-efforts-1775127071",
        "date": "2026-04-02 17:02:08",
        "title": "Indonesia seeks stronger SOE role in national development efforts",
        "author": "",
        "source": "ANTARA_EN",
        "tags": "",
        "topic": "Business",
        "summary": "Indonesia's Head of the SOE Regulatory Agency (BP BUMN), Dony Oskaria, has directed state-owned enterprises (SOEs) to extend beyond economic value generation, focusing on social welfare, environmental sustainability, talent development, innovation, and enhanced governance. During a summit and official inaugurations, he outlined plans for a major overhaul of the SOE landscape, aiming to reduce the number of entities from 1,000 to 200-300 through mergers, divestments, liquidations, and restructuring to boost competitiveness and public service. This reform, described as the largest in Indonesia's history, underscores the commitment to transforming SOEs into adaptive, accountable national assets that drive economic growth and respond to global dynamics.",
        "content": "<p>\u201cWe direct SOEs not only to generate economic values but also to\ndeliver concrete benefits to social welfare and environmental\nsustainability,\u201d Head of the SOE Regulatory Agency (BP BUMN) Dony\nOskaria said in a statement received in Jakarta on Thursday.<\/p>\n<p>He reaffirmed this determination during a BP BUMN summit attended by\nsenior officials, held to align strategies to empower Indonesian SOEs as\nkey instruments of national growth and development.<\/p>\n<p>Oskaria, who also serves as chief operating officer of Indonesia\u2019s\nsovereign wealth fund Danantara, emphasized that SOEs are expected to\nact as enablers for talent development, innovation, and improved\ngovernance marked by professionalism and accountability.<\/p>\n<p>He added that SOEs must become more adaptive, enhance\ncompetitiveness, and respond more effectively to public needs and global\ndynamics.<\/p>\n<p>BP BUMN, he continued, is committed to transforming state-run firms\nbeyond purely commercial entities, positioning them as sustainable\nnational assets that genuinely serve broader public interests.<\/p>\n<p>He further noted that stronger institutional foundations are needed\nfor SOEs to optimize their role as catalysts for economic growth and\nsocial welfare.<\/p>\n<p>During the inauguration of echelon I and echelon II officials in\nJakarta on February 24, Oskaria revealed that BP BUMN was preparing a\nmajor agenda to overhaul Indonesia\u2019s SOE landscape, including the option\nof reducing the number of entities.<\/p>\n<p>He explained that the plan is to cut the number of SOEs from 1,000 to\naround 200\u2013300 through mergers, divestments, liquidations, and\nrestructuring, noting that the reform would be the largest ever carried\nout in Indonesia.<\/p>\n<p>Oskaria also called on all SOE personnel to uphold integrity and\nprofessionalism to ensure transparent, accountable, and sustainable\ngovernance.<\/p>\n<p>Related news: Danantara mobilizes SOE CSR funds for Sumatra disaster\nrelief<\/p>\n<p>Related news: President Prabowo backs SoE streamlining to enhance\nprofitability<\/p>\n<p>Related news: State-Owned Enterprises Ministry replaced by SOE\nregulatory agency<\/p>\n<p>Translator: Putu Indah, Tegar Nurfitra<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-seeks-stronger-soe-role-in-national-development-efforts-1775127071",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}