Expert Says Prabowo Likely to Replace Underperforming SOE Bosses
Jakarta. An analyst said Friday that President Prabowo Subianto would keep an eye on the bosses of Indonesian state-owned enterprises (SOEs), and would not think twice about replacing the underperformers.
Gerindra Party senior official Hashim Djojohadikusumo claimed that Prabowo would evaluate the performance of his cabinet members six months after being inaugurated, indicating that the former army general would kick anyone whom he considers inefficient, underperforming, or corrupt sometime around March or April.
Following Hashim’s claims, political analyst D Nicky Fahrizal said that this would likely apply to the directors of SOEs as well. This performance-based SOE boss reshuffle is even more likely, given Prabowo’s leadership style of making sure the executive functions are more effective.
“So I doubt Prabowo will just evaluate the ministers and deputy ministers. I’m pretty sure he will do the same to the SOE’s board of directors,” Nicky, an expert at the think-tank CSIS, told Beritasatu.com in Jakarta on Friday.
Prabowo will likely instruct SOE Minister Erick Thohir to make the reshuffles in these state-owned businesses. Nicky added: “Prabowo might even fire the SOE minister if the latter does not get tough on the SOE boards.”
Just earlier this week, Prabowo inaugurated the Red and White Cabinet which comprised over 100 ministers and deputy ministers. Prabowo’s predecessor Joko “Jokowi” Widodo picked seasoned businessman Erick as his SOE minister in 2019. Erick got to keep his ministerial post under Prabowo.
Tags: Keywords:Related Articles
Dino Patti Djalal Says Indonesia’s Government Remains Reactive, Not Preventive
Dino P. Djalal says Indonesia’s government remains reactive rather than preventive, citing gaps in risk management and crisis preparedness.Prabowo-Gibran Government Wins 63.1% Public Trust in Voxpol Survey
Voxpol’s survey finds 63.1% of Indonesians trust Prabowo-Gibran, while 61.1% believe the government can solve the country’s problems.Prabowo Threatens to Revoke Mining Permits Inactive for Two Years
Prabowo vows to revoke mining permits inactive for over two years, citing nearly $300 billion in proven reserves across five concessions.Prabowo Launches Council to Improve Financial Welfare of Indonesian Families
Prabowo launches a new council to shift Indonesia's financial inclusion agenda toward improving household welfare and resilience.Prabowo Vows Action Against Foreign Companies Linked to Forest Fires
Prabowo vows tougher action against foreign firms implicated in forest fires, warning that repeat offenders could lose their permits.Jakarta Stocks Jump 1.12% as Investors Assess Prabowo’s MSCI Remarks
Indonesian stocks rose 1.12% as investors assessed Prabowo’s MSCI remarks and Bank Indonesia’s decision to hold its benchmark rate.Indonesia Must Fix Market Transparency, Not Fight MSCI, Analyst Says
Indonesia should address market transparency concerns raised by MSCI instead of treating the global index provider as an adversary.Prabowo Rejects Criticism of Oversized Cabinet
Prabowo defends his 53-member cabinet, saying a broad political coalition is vital to governing Indonesia and improving public welfare.Only 12% of Red and White Village Cooperatives Operational After Two Years
Fewer than 12% of Indonesia’s 83,000 legally established Red and White Village Cooperatives have operational businesses, an expert says.Prabowo Summons Economic Team Amid Market Volatility
Prabowo meets senior economic officials as the JCI rebounds 4.16% and the rupiah strengthens to Rp 17,992 per dollar.The Latest
Ye Concert, Other Events to Draw 130,000 to GBK, Here’s What to Know
Around 130,000 visitors are expected at Jakarta’s GBK on Saturday as Ye’s concert and several major events take place.Indonesia Allocates Rp 722 Billion for Year-End Flight Ticket Tax Relief
Indonesia allocates Rp 722 billion to cover domestic flight ticket VAT during the 2026/2027 Christmas and New Year holidays.Greece Floats Shipbuilding Partnership with Indonesia
Greece says that it possesses “extensive expertise” as it woos Indonesia in shipbuilding partnership.Indonesian Stocks Rally 4.9%, but Foreign Investors Keep Selling
Indonesia’s JCI rose 4.9% last week, but foreign selling and MSCI downgrade risks continue to cloud the market outlook.Ye Concert in Jakarta to Deploy 2,000 Security Personnel
More than 2,000 personnel will secure Ye’s Jakarta concert on Saturday, as organizers urge fans to use public transport.Most Popular
