State-Owned Enterprises

This problem is like an endless story — and complicated. Not only is it increasingly widespread and profound, it is also about roles and management.

KOMPAS/LUCKY PRANSISKA

Bambang Kesowo

At present, after a lot of discussion about their dominance in government projects, there are concerns over Garuda\'s leaders, Jiwasraya\'s business strategy mistakes, the growth of subsidiaries and sub-subsidiaries of state-owned enterprises (SOEs) — which are considered increasingly out of control — and finally, the SOE minister’s decisions to liquidate underperforming SOEs.

In the past, even though it was still the same era, SOEs were often admonished for not doing more for the country; it’s not clear whether the SOEs or the SOE minister really wanted to be seen or give the impression of being present. To show their concern, the management of SOEs were almost always on the news and providing assistance to traders in the market, household handicraft businesses, among other things to exercise the SOE’s creed of helping small and medium enterprises as if they were the responsibility of the SOE management.