Prabowo Allows Foreigners to Lead Indonesian SOEs
Indonesia Opens the Door: Will Foreign Leadership Revitalize State-Owned Enterprises? Indonesia’s state-owned enterprises (SOEs) collectively manage over $160 billion in assets, yet consistently underperform compared to their regional counterparts. Now, a sweeping regulatory change spearheaded by Defense Minister Prabowo Subianto is poised to disrupt the status quo: foreign nationals can now lead these crucial economic … Read more