"Cleaning Up" State-Owned Companies
Indonesia has 114 state-owned enterprises (SOEs) engaged in vital and strategic sectors of businesses, ranging from energy and food to water.
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Finance Minister Sri Mulyani (left) along with State-Owned Enterprises Minister Erick Thohir (right) inspect the condition of a Harley Davidson motorcycle smuggled aboard an Airbus A330-900 neo aircraft, before holding a press conference at the Finance Ministry Office, Jakarta, on Dec. 5 (5/12/2019).
Indonesia has 114 state-owned enterprises (SOEs) engaged in vital and strategic sectors of businesses, ranging from energy and food to water. The SOEs that control the lives of many people should be managed and operated for the people\'s welfare.
Likewise, the SOEs in the field of public services, such as hospitals and public transportation, their performance indicators should be based on the quality of the services they provide to the community. Beyond that field, the SOEs should be operated as a business entity whose governance must still meet business considerations.