ON
← Back to feed
Prabowo targets 800 underperforming SOEs for closure
ID🏛️ PoliticsCenter5 days ago

Prabowo targets 800 underperforming SOEs for closure

Indonesian President Prabowo Subianto has announced plans to dissolve up to 800 underperforming state-owned enterprises (SOEs) as part of a broader effort to reduce government spending, combat corruption, and improve fiscal efficiency. During a speech at the closing ceremony of a Nahdlatul Ulama conference, Prabowo stated that the government has already closed approximately 240 unprofitable SOEs, which were described as 'owned by the people' but had been losing money. He emphasized that the closures would save significant funds previously spent on salaries and benefits for directors and commissioners. The move aligns with recent reforms that transferred oversight of SOEs to a new sovereign wealth fund and a dedicated regulatory agency, aiming to consolidate the number of state firms from over 1,100 to just 257.

How each side covered it

The same event, grouped by the political lean of the outlets covering it.

How each side covered it

Support independent, bias-aware news and unlock the social pulse, community voting, and your personalized For You feed.

Become a Supporter

Covered around the world

The same event as reported in other countries.

Covered around the world

Support independent, bias-aware news and unlock the social pulse, community voting, and your personalized For You feed.

Become a Supporter

Claims check

Key factual claims, and how many sources assert vs dispute each.

Claims check

Support independent, bias-aware news and unlock the social pulse, community voting, and your personalized For You feed.

Become a Supporter

6 reports

Antara News logoAntara NewsState / PublicCenterFactual 95Objective 909 days ago
Indonesia pledges no job cuts as SOEs shrink to 250

The Indonesian government has announced plans to reduce the number of state-owned enterprises (SOEs) from over 1,000 to between 250 and 300 entities as part of a broader restructuring effort. President Prabowo Subianto emphasized that this initiative aims to address inefficiencies and financial losses within the SOE sector, which currently incurs annual losses of around Rp20 trillion. Officials confirmed that no layoffs will occur despite the reduction in the number of SOEs, with employees being retained under consolidated entities. The restructuring is expected to save up to Rp50 trillion annually, primarily through cost reductions and operational efficiencies. The process is targeted for completion within two years.

Bias read (Center): The article presents the government's stated goals and commitments regarding SOE restructuring without overtly favoring one side. It includes direct quotes from President Prabowo and officials, providing balanced information on the objectives, methods, and assurances related to the reforms. There is

Why these scores (Factual 95 · Objective 90): Very factual with detailed information on the merger of logistics SOEs and alignment with national plans. Objectivity is maintained through neutral language and focus on economic efficiency.

Antara News logoAntara NewsState / PublicCenterFactual 85Objective 905 days ago
Indonesia launches major restructuring of state construction firms

Indonesia's State-Owned Enterprises Regulatory Agency (BP BUMN) has initiated a restructuring plan for two major state construction firms, PT PP and PT Adhi Karya, with support from the Association of State-Run Banks (Himbara). The goal is to strengthen the companies' financial health, governance, and ability to undertake profitable projects that align with national development goals. BP BUMN head Dony Oskaria emphasized that this effort is part of a larger government initiative to consolidate over 1,000 state-owned enterprises and subsidiaries down to approximately 250, aiming to reduce losses, increase transparency, and focus state resources on public-oriented projects. The restructuring includes improving corporate administration, risk management, and long-term business sustainability for these firms.

Bias read (Center): The article presents a neutral overview of a government-led restructuring initiative involving state-owned enterprises. It quotes officials directly and outlines the stated objectives of the program without overtly favoring any particular political perspective. The framing focuses on economic reform

Why these scores (Factual 85 · Objective 90): Factuality is high as the article accurately reports the restructuring initiative by BP BUMN, citing direct quotes and details from official statements. Objectivity is strong as the article presents the information neutrally without apparent bias.

Tempo (English) logoTempo (English)IndependentCenterFactual 85Objective 909 days ago
Prabowo Mulls Research Funding From SOEs

The article reports that Prabowo Subianto, a prominent Indonesian politician and former military leader, is considering receiving research funding from state-owned enterprises (SOEs). The piece highlights discussions around potential collaboration between Prabowo's political initiatives and SOEs, though it does not specify the exact nature or terms of such funding. It suggests that this development could influence his political strategy and agenda. The article remains neutral in tone, presenting the information without overtly endorsing or criticizing the potential arrangement.

Bias read (Center): The article presents the information about Prabowo's consideration of research funding from SOEs without taking a clear ideological stance. It focuses on reporting the potential development rather than emphasizing any particular political angle or implication. There is no evident leaning toward left

Why these scores (Factual 85 · Objective 90): Accurate in stating the government's pledge to avoid job cuts. Maintains neutrality and provides clear, factual statements without emotional language.

Antara News logoAntara NewsState / PublicCenterFactual 85Objective 809 days ago
Prabowo to cut SOEs from 1,000 to 250 for efficiency, transparency

President Prabowo Subianto announced plans to reduce the number of state-owned enterprises (SOEs) in Indonesia from over 1,000 to approximately 250, aiming to increase efficiency and transparency. He highlighted that more than 200 SOEs have already been dissolved, with over 750 expected to be shut down as part of a broader restructuring effort. Prabowo argued that the current number of SOEs creates excessive administrative costs and inefficiencies, noting that many companies operate at a loss. He stressed the need for rapid implementation of reforms to align SOEs with public interest and improve profitability. Additionally, he acknowledged a suggestion by academics to allocate a portion of SOE profits to research and innovation, while emphasizing the importance of ensuring profitability.

Bias read (Center): The article presents President Prabowo's policy proposal without overtly endorsing or criticizing it. While the content focuses on his administration's agenda, there is no clear ideological slant in the framing, emphasis, or sourcing. The report remains neutral in tone, presenting facts and quotes,雖

Why these scores (Factual 85 · Objective 80): Factual based on Antara's reporting, but mentions 'more than 750' being shut down which conflicts with later reports stating 800. Objectivity is slightly compromised by emotive language about 'people's money' and 'overhead'.

Tempo (English) logoTempo (English)IndependentCenterFactual 80Objective 8514 days ago
Prabowo Plans to Dissolve 800 State-Owned Enterprises

Indonesian presidential candidate Prabowo Subianto has announced plans to dissolve approximately 800 state-owned enterprises (SOEs) as part of his economic reform agenda. The proposal aims to reduce government involvement in the economy, promote private sector growth, and improve efficiency by transferring operations to the private sector. This move has sparked debate among economists and policymakers, with some supporting the initiative as a step toward reducing bureaucracy and increasing competitiveness, while others warn of potential job losses and disruptions to essential services. The plan would require legislative approval and careful implementation to avoid negative impacts on public welfare.

Bias read (Center): The article presents Prabowo's proposal as a policy initiative within an election context, providing balanced perspectives from supporters and critics. It does not exhibit overtly biased language, one-sided sourcing, or editorializing that would indicate a clear ideological lean.

Why these scores (Factual 80 · Objective 85): Factually consistent with other reports citing 800 closures. Objectivity is strong as it presents the information neutrally without commentary.

Antara News logoAntara NewsState / PublicCenterFactual 75Objective 7014 days ago
Prabowo targets 800 underperforming SOEs for closure

Indonesian President Prabowo Subianto has announced plans to dissolve up to 800 underperforming state-owned enterprises (SOEs) as part of a broader effort to reduce government spending, combat corruption, and improve fiscal efficiency. During a speech at the closing ceremony of a Nahdlatul Ulama conference, Prabowo stated that the government has already closed approximately 240 unprofitable SOEs, which were described as 'owned by the people' but had been losing money. He emphasized that the closures would save significant funds previously spent on salaries and benefits for directors and commissioners. The move aligns with recent reforms that transferred oversight of SOEs to a new sovereign wealth fund and a dedicated regulatory agency, aiming to consolidate the number of state firms from over 1,100 to just 257.

Bias read (Center): The article presents Prabowo's announcement and rationale for dissolving SOEs without overtly favoring any political side. It includes direct quotes from Prabowo and mentions the government's actions, including closures and reforms, without apparent ideological framing or selective sourcing. The phr

Why these scores (Factual 75 · Objective 70): Less detailed and focused on research funding, which is tangential to the main SOE restructuring story. Limited objectivity due to lack of depth.

Keep the news honest.

ObjectiveNews is reader-funded and ad-free — we show you the bias instead of hiding it. Support independent journalism for €5/month.

Become a Supporter

Related stories