VOI Today: Prabowo Allows SOEs To Be Led By Foreigners, This Is The Risk: Leaks In State Secrets And Fraud

JAKARTA - President Prabowo Subianto admitted that he had changed regulations that allowed foreign nationals (foreigners) or expatriates to lead State-Owned Enterprises (BUMN). The change in regulation was delivered directly by President Prabowo during a dialogue session at the Forbes Global CEO Conference 2025 forum at The St. Regis Hotel, Jakarta, on Wednesday, October 15.

The main goal of this policy is to increase efficiency and bring SOEs to international business standards in order to compete at the global level.

The question is, is Indonesia a shortage of great people who can lead SOEs? Isn't Prabowo very anti-foreign football? What are the risks of this policy? Especially related to state confidentiality considering that several SOEs manage national strategic assets?

What are the advantages and disadvantages if SOEs are led by foreigners? Is this common abroad? Check out the full information on VOI.id.