UU BUMN 2025: Political Economic Dynamics and Beyond (Part 5)

The amendment of the Law on State-Owned Enterprises to Law No. 1/2025 (UU BUMN 2025) has marked a new chapter in the management of the country’s strategic assets. With a corporatist approach, the Government has explicitly stated its intention to encourage...

UU BUMN 2025: Challenges and Homework (Part 4)

After being enacted on Feb. 24, 2025, Law No. 1/2025 on State-Owned Enterprises (UU BUMN 2025) paved the way for structural and functional reform of BUMNs. The goals are clear: to strengthen professionalism, reduce political intervention, and make BUMN a catalyst for...

UU BUMN 2025: Implementation Challenges (Part 3)

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...

More on Hajj Quota Corruption

An investigation into the alleged corruption case of Hajj quota in 2024 is still underway. It was reported last Monday (23/06) that the Corruption Eradication Commission (KPK) summoned Khalid Basalamah to give information regarding Hajj management in 2023-2024, but...

UU BUMN 2025: Business Judgement Rule and Legal Protection (Part 2)

Amidst all the problems surrounding BUMN, the revision of the Law on BUMN through Law No. 1/2025 has again raised the classic discourse regarding the position of BUMN in the Indonesian legal system. The main focus of the debate this time, especially on social media,...

UU BUMN 2025: A New Chapter in BUMN Governance in Indonesia (Part 1)

On Feb. 24, 2025, President Prabowo Subianto officially signed Law No. 1/2025 on State-Owned Enterprises (BUMN), which is the third amendment to Law No. 19/2003. The law is not just an administrative revision, but reflects a fundamental change in the paradigm of BUMN...
Jakarta’s DP 0% Housing Program and the Land Mafia

Jakarta’s DP 0% Housing Program and the Land Mafia

The flagship DP 0% housing program, launched during Anies Baswedan’s tenure as Governor of Jakarta, was envisioned as a breakthrough to help low-income residents own homes. Too bad, instead of serving the purposes, it unraveled into a sprawling corruption scandal that...

Latest on Corruption in East Kalimantan

It has been a while since we last revisited the long-standing pattern of corruption in East Kalimantan—an issue that has become so recurrent that it almost feels like an annual tradition. Our discussion at the end of 2023 revolved around a sting operation carried out...

Spotlight Turns to Corporate Liability

The recent announcement on the determination of PT Insight Investments Management (PT IIM) as a corporate suspect in the Taspen corruption case marks another significant application of Indonesia’s legal framework to hold corporations accountable for corruption crimes....

Corruption in Taspen Deepens

The case of alleged corruption that has rocked PT TASPEN (Persero) continues to develop, as the Corruption Eradication Commission (KPK) moves forward with prosecutions linked to fictitious investments involving State funds. As the trial of former President Director of...
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