We all know that the amendment of the Law on BUMN is urgently needed. After two decades without any substantive revision, the UU BUMN 2025 appears with a number of hopes. Previously, BUMN was in tension between its status as a business entity and its role as a State instrument and the new law aims to end this ambiguity by affirming the corporate orientation of BUMN, restructuring inter-institutional relations, and strengthening legal protection for State business actors. However, the biggest challenge is not on the legal norms, but rather how this regulation will be implemented. And we also know, in this case, nothing is easy in Indonesia. To subscribe please click here
