Indonesia Indonesian Army,Tentara Nasional Indonesia-Angkatan Darat (TNI-AD)

morningstar

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They should completely reform of their bureaucratic corporate culture top-to-bottom into that of for-profit private corporate culture. No amount of capital (money & machineries) will help anything if the corporate culture remain the same.
Ukraine give us some example about what they deal with their thousands of Soviet's era SOEs.

The worst case scenario for privatization is Russia. Basically the owners of then SOEs now public/private companies are just bunch of corrupt Nomenklaturas and Mafias.

If we still want to stay with Kementrian BUMN, then PRC (SASAC) is could be our example, no joke.
 

trishna_amrta

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Ukraine give us some example about what they deal with their thousands of Soviet's era SOEs.


The worst case scenario for privatization is Russia. Basically the owners of then SOEs now public/private companies are just bunch of corrupt Nomenklaturas and Mafias.

If we still want to stay with Kementrian BUMN, then PRC (SASAC) is could be our example, no joke.
They will stay within Kementrian BUMNm because there will always someone (influential politician) who will be citing Article 33, section 2 and 3 of 🇮🇩 1945 Constitution
 

morningstar

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They will stay within Kementrian BUMNm because there will always someone (influential politician) who will be citing Article 33, section 2 and 3 of 🇮🇩 1945 Constitution
There was a plan to IPO the Pertamina back then, not long time ago. For this case, the workers were the one that protest against that plan, that was only for IPO btw. Their reason was that Pertamina works for the people, not for investors. Looks like this plan is not stop till now.

Their logic was distorted I think wkwk. You put some investors in Pertamina to put more voice in their decision making process. When someone nggondol or main di pengadaan apa dimana lah, the private investors especially the big one (that put people in board of directors) surely will angry for that because their money is digondol and they can nyabut the people that corrupt.

Much better solution, how the US was mecah Rockefeller's Standard Oil to seven seperate companies. When you monopolized the market (even in de facto way) without competitors, you can put the price as high as you want because you are the sole suppliers for the whole market demand. But once you have the competitors, then you have to find the way how to gain the efficiencies in order to produce more with same/less efforts and you can put lower price to kill/race against your competitors.

Sorry for some Javanese language here wkwk. Lebih mantep pake Bahasa Jawa/Indo wkwk
 

Madokafc

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KRI Banjarmasin offloading her cargo and troops from the Army units in Papua

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Mandala

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Madokafc

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Kaplan MT.

"The production started after the final design for serial production was decided upon at the FNSS
facilities, with the participation of PT Pindad engineers and end users from the Indonesian Army. The delivery of the vehicles will be completed in 2021."


106 units is enough to replace two full Battalion Cavalry of AMX 13.
 

Madokafc

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1st Battalion, Sultan of Yogyakarta's Royal Regiment

10th Battalion, Royal Regiment of Tidore

1st Parahiangan Mountain Division
2nd Siak Ranger Brigade
2nd Antasena Cavalry Brigade
 

FPXAllen

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trishna_amrta

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Even though we are the largest democracies at SEA 😂
According to whom❓

Hate to saying this out loud, but you should understand that most Anglophone people (thus their officials & politician) differentiate countries based upon the dominant "skin colour" of its inhabitant and their religions.
 

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