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MATERI BUMN DAN BUMD | MATERI EKONOMI KELAS XI SEMESTER 1 KURIKULUM MERDEKA

23:16EnglishBy Ekonomika ChannelTranscribed Jul 22, 2026
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0:00

[Music]

0:07

Assalamualaikum warahmatullahi

0:08

wabarakatuh Hello friends, we

0:10

meet again on the economics

0:13

channel in this video we will

0:15

continue the discussion of material about

0:18

business entities in the Indonesian economy

0:21

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Okay, let's go straight to the discussion of the

0:53

material in this video, which is about

0:56

State-Owned Enterprises or BUMN and

0:59

regional-owned enterprises or

1:03

BUMD, we discuss the first part of

1:05

the definition of

1:07

BUMN State-Owned Enterprises or BUMN

1:10

is an economic juridical entity

1:13

whose capital is wholly or partly

1:15

owned by the state through

1:18

direct participation originating from

1:20

state assets with the aim of

1:22

seeking profit so from here we

1:26

can understand that this BUMN is a

1:29

business entity whose capital, either in the form of

1:34

capital in the form of money or capital in

1:36

the form of shares, is partly or wholly

1:40

owned by

1:43

the state, so the purpose of the formation of

1:46

this BU in order

1:49

to seek

1:55

profit then we will discuss

1:57

about What are the characteristics of Bu UMN

2:03

first its business is to help the

2:06

government's tasks here we can understand

2:09

that this BUMN was formed in order

2:12

to help the government's tasks for example the

2:15

government's tasks in terms of

2:18

oil then the name Pertamina will be formed

2:21

like that or maybe the

2:24

government's tasks in the form of ee for example

2:26

the distribution of electricity ee then PLN was formed

2:29

so eh these two business entities were formed

2:34

in order to help the

2:36

government's tasks the second was formed

2:39

based on statutory regulations and

2:41

applies and must be owned and managed

2:43

by the government so this BUMMN was formed

2:47

based on statutory regulations

2:50

so the business entity was formed there must be a

2:53

law that regulates it it

2:56

applies and is managed and owned by

2:59

the government as a whole so

3:02

then it was formed to implement

3:05

certain government policies or

3:08

strategic ones So the point is that

3:12

this BUMN was formed in order to

3:14

implement government policies that

3:17

help the government's tasks or things

3:19

that are strategic so

3:22

in this case this BUMN was formed

3:26

to help eh the government's tasks earlier

3:29

yes with the policies

3:31

made by the government then BUMN

3:34

was formed with the aim of protecting

3:36

the safety and welfare of the community

3:40

so theoretically this BUMN was

3:43

formed in order to protect the

3:47

safety and welfare of the

3:50

community then its business is

3:53

commercial So apart from providing

3:56

services to the

3:57

business community in

4:00

BUMN is also

4:02

commercial in nature next is the role of

4:05

BUMN in the Indonesian economy what are

4:08

its roles first BUMN provides

4:11

services to the needs of the community especially

4:13

those concerning the livelihoods of many people

4:16

so this BUMN was formed in order

4:19

to meet the needs of the livelihoods of

4:24

many people second BUMN can prevent the

4:27

possibility of monopoly by the

4:30

private sector so with the existence of BUMN then

4:34

eh can prevent the possibility of

4:38

monopoly activities by the private sector

4:40

imagine if the

4:43

electricity distribution was managed by the private sector what

4:46

would happen to

4:48

our society so with the existence of BUMN which is indeed

4:51

managed by the state then for example there is

4:54

assistance provided by

4:57

the government to the poor

4:59

for example electricity subsidies oil subsidies

5:01

and others so then BUMN

5:04

as a source of state revenue so it is

5:07

clear to me that the activities

5:09

carried out by BUMN with its

5:12

commercial activities generate revenue

5:15

for the state because we know that

5:18

one of the sources of state revenue

5:21

is B

5:23

UMN profits then the fourth is expanding

5:26

employment and reducing

5:27

unemployment so it is clear that this BU was

5:31

formed in order to

5:33

expand employment so that the

5:36

ee community can work so that

5:39

unemployment can be

5:40

reduced then BUMN contributes to

5:44

national economic growth so it is

5:46

clear yes with the existence of ee BUMN

5:49

people can work and then generate

5:51

income so it is hoped there is an

5:54

increase in

5:57

economic growth next to become a stabilizer

6:01

[Applause]

6:03

our economy continues what are the

6:06

forms of

6:07

BUMN based on law number 19

6:11

of 2023 article 9 BUMN is generally

6:15

divided into two first is called

6:18

Perum or general company second

6:20

is Persero or limited liability company

6:23

but in previous years we

6:25

also know the name of state-owned company

6:27

or perjan so in general yes

6:31

actually there are three types ee form of BUMN

6:34

but based on law number

6:36

ee Number 19 of 2003 there are only two

6:40

namely Perum and Persero okay the first

6:43

is state-owned company or perjan

6:46

this state-owned company or perjan

6:48

is a form of state-owned company

6:51

which is part of a

6:53

Department well What is an example of a

6:56

perjan for example is eh

6:59

perjan Pegadaian yes because we know

7:02

that in

7:04

1991 Bu MN which was in the form of a perjan

7:07

was changed to Perum which was previously called

7:10

eh perjan Pegadaian then became

7:13

Perum Pegadaian which has now

7:15

become PT yes or has become

7:18

Persero then there is also PT eh

7:22

previously

7:23

PTKI its name was eh PJKA

7:27

railway company Change to PT KAI

7:31

So what are the characteristics of a

7:35

state-owned company?

7:36

First, its employees have the status of

7:39

civil servants, so people who work

7:41

in e perjan are civil servants,

7:45

then profits and losses are the

7:47

responsibility of the government because it is

7:50

already

7:51

part of the Department, so

7:55

then the third, the main objective

7:58

is

8:00

to serve the interests of the general public,

8:02

so the main objective of the perjan was formed

8:04

is in order to provide

8:07

services to the

8:09

public, fourth, it is under

8:12

the Department of the Director General or the relevant regional government, so

8:14

for example, if we

8:17

brought up the e Kai perjan, yes, for the Kai

8:21

perjan, yes, it could be under the e

8:24

Department of Transportation, yes, or the Ministry of

8:26

Transportation, so then the capital and

8:29

financing of the company are included in

8:32

the APBN and are the rights of the relevant Department,

8:36

so the capital and financing of the perjan

8:38

are in the APBN, so it has

8:42

indeed been budgeted in the APBN for

8:44

eh perjan a perjan b for example, so

8:47

then finally perjan has and

8:50

obtains facilities from the

8:54

state, then what are the advantages

8:57

of perjan?

8:59

First, it handles important fields

9:01

that control the lives of many people,

9:04

so indeed overall in the

9:06

APB in BUMN

9:11

that companies or business entities

9:14

in BUMN do handle fields that

9:17

control the lives of many people, so the

9:20

second advantage of the purpose of perjan

9:24

The main thing is to provide services

9:26

so it is specifically for the Perjan, the

9:30

main goal is to provide services

9:32

to the general public and the third

9:34

Perjan, the capital is guaranteed because it

9:37

has been budgeted in

9:41

the APBN. Next is the weakness of

9:44

Perjan, first, there is often

9:47

waste so it is because the capital is

9:50

large budgeted in the APBN. Second, it

9:53

often becomes a

9:54

group tool so it is indeed

9:58

in a power that

10:00

politicization is indeed ee difficult to

10:03

separate so that if there is a loss then the

10:06

state will bear the loss. Yes, it is

10:08

clear because the capital is from the

10:10

state so if Perjan loses then

10:14

the state will lose so then there is a

10:16

lack of independence

10:20

next, a public company or Perum, a

10:23

public company is a state company

10:25

engaged in the field of

10:28

public service business whose capital

10:30

comes entirely from the state and is separated from

10:34

the APBN so ee based on Law

10:39

Number 19 of 2003 concerning

10:43

state-owned enterprises, it is necessary to have the objective of

10:46

conducting business aimed

10:48

at

10:50

public benefit in the form of providing quality goods and services

10:54

at

10:55

affordable prices for the community, this is

10:58

based on ee the principle of healthy management

11:02

Well, for Perum, this is

11:06

part of a BUMN whose capital

11:09

comes entirely from the state,

11:12

but is separate from

11:14

the APBN, different from Perjan, if Perjan is

11:17

included in APBN But

11:19

if it is for a forum, it is separate from the APBN,

11:22

what is an example of a Perumul and Perumri forum in

11:25

the field of transportation, then what are the

11:28

characteristics of Perum ee? First, its

11:31

main nature is to provide services

11:34

to the community, yes, or serve the

11:36

interests of the general public, so the

11:39

main goal of Perum is to continue to provide

11:43

services, second, Perum's business sector is

11:46

generally engaged in

11:48

services that are vital, yes,

11:51

for example, in ee activities related

11:54

to food, then Buluk will

11:56

work, then in Perum

11:59

related to Transportation,

12:00

it is Damri, then the third has the

12:04

status of a legal entity and is regulated

12:06

by law, so Perum

12:09

must have the status of a

12:11

legal entity and there must be a law

12:14

that

12:15

regulates it, then the capital is entirely

12:18

owned by the state but is separate from state

12:20

assets, so capital from the state

12:23

but is separate from state assets

12:25

or separate from the APBN, then

12:28

led by a board of directors, yes, so

12:32

ee, the structure is ee from the Minister,

12:36

then there are directors and there is a

12:38

supervisory board for Perum, then

12:42

Perum employees have the status of

12:46

state company employees, then What are the advantages of

12:49

Perum? First, it handles

12:53

important business fields, yes, according to what

12:55

we mentioned earlier, so Perum eh

13:00

handles

13:02

vital fields, so the second aims

13:05

provide services to the community

13:07

while seeking profit so the

13:10

difference between perjan and um if

13:13

perjan focuses only on service

13:15

while for per there are two

13:19

first providing service second

13:22

also seeking

13:24

profit third all capital

13:26

belongs to the government both central and

13:29

regional government for Perum could be the

13:31

capital from the central government

13:34

or Perum which EE has which is

13:37

owned by the

13:39

region next compared to

13:42

perjan the forum works more efficiently

13:44

besides focusing on providing service there

13:46

is also ee seeking profit of course to

13:49

seek profit that service

13:51

is better service like that

13:54

and the

13:56

last the status of the employee is an

13:59

employee of a

14:02

state company next What are the weaknesses of the

14:06

first forum there is still

14:09

waste or inefficiency because

14:11

there is no competition eh ee company rivals

14:14

like that So ee because the capital is still

14:17

from the state and moreover there are no

14:20

competitors yes there is still

14:23

waste in certain things like that

14:26

second often becomes a political tool of

14:29

groups so indeed things

14:30

like this eh Can't be avoided like that well

14:33

then third ifum

14:36

loses then the loss is the state that

14:39

bears the loss because the

14:41

capital comes from the

14:44

state next the third is Persero

14:48

or limited liability company Persero is a

14:51

form of

14:52

BUMN whose capital is divided into shares

14:56

which are all or At least 51% of

15:00

its shares are owned by the

15:02

Indonesian government and its main objective is

15:05

to pursue profits according to

15:08

Law Number 19 of 2003

15:10

concerning State-Owned Enterprises, the

15:12

establishment of this Persero aims to

15:15

provide high-quality goods and services

15:18

and strong competitiveness and

15:22

pursue profits to increase

15:24

the value of the company so we can understand

15:28

here that the difference with others

15:32

if specifically for Persero the goal is

15:34

only one, namely teaching profits Well

15:38

what are the characteristics of

15:41

Persero first its status is in the form of a

15:44

limited liability company regulated

15:46

by law so generally

15:48

Persero is a company that has been in the

15:50

form of PT yes so BUMN that has been in the form of

15:53

PT automatically is Persero

15:56

second its capital is in the form of shares

15:59

different from the previous two If

16:00

for perjan with Perum it is still in the form of

16:03

funds in the form of money

16:06

while for Persero or which has been in the

16:08

form of PT this capital is in

16:11

the form of

16:12

shares third part or all of

16:15

its capital is owned by the state from

16:17

separated state assets yes this is the

16:19

same as eh Persero then the

16:23

Persero organization is

16:25

GMS directors and commissioners

16:29

if earlier for Perum this is from the

16:32

Minister yes then there are directors there is a

16:34

board of supervisors while for

16:37

Persero RPS or general meeting of

16:40

shareholders as what is it called uh the

16:42

highest power in the company then the

16:45

directors who run the company and the

16:48

commissioners who are the term to be uh the

16:50

supervisor of the company then the GMS

16:53

Acts as the highest power in the

16:57

company then does not

16:59

get Dar facilities from the state yes

17:02

meaning it is Independent then the

17:06

main goal is to obtain or generate

17:08

profits so these are the characteristics of

17:12

Persero Next what are the advantages and

17:14

disadvantages of Persero first the advantage

17:17

is seeking profit second

17:20

providing services to the community yes

17:23

so the main goal is still ee

17:26

seeking profit but there is also a pel

17:30

to the community second the

17:32

founding capital comes from part or

17:35

all of the state assets which are

17:36

separated in the form of

17:38

[Applause]

17:40

shares so this is the difference

17:43

between the two other Bun companies

17:46

then what are the

17:48

weaknesses first it does not

17:50

get facilities from the state the

17:53

second employees are private employees and

17:57

other market companies

18:01

so next we will discuss the advantages

18:05

and disadvantages of

18:06

BUMN first in terms of the

18:10

advantages of leading branches that

18:12

control the lives of many people so

18:15

indeed BUMN is intended for things

18:20

or needs that are in nature

18:21

control the lives of many people and

18:24

people feel important with eh

18:26

these goods so second the

18:28

capital comes from state assets

18:30

so The continuity of the business is guaranteed,

18:33

yes So for e in the field of capital

18:37

Indeed, overall the work of Peru

18:40

and Persero is the capital

18:42

comes from the state so in terms of

18:45

business tactics it is guaranteed to run smoothly

18:49

then the third business gets

18:51

support from the state because as a

18:53

source of state revenue or income it is

18:56

clear yes In accordance with our words

18:59

earlier that the business is because it

19:02

is a state asset, it

19:05

will automatically get support from the state

19:07

then the first weakness is that it

19:10

creates a monopoly on vital assets

19:13

so When a BUMN or company

19:16

controls one and there are no

19:19

competitors, a monopoly will arise

19:22

secondly business development is

19:24

hampered ee because of the many

19:27

binding rules yes so eh according to the

19:32

existing provisions there are

19:34

laws and regulations

19:36

automatically there will be many rules in

19:39

business development Then some sectors get

19:42

thin profits or even losses

19:45

because of limited management of

19:47

production factors and restrictions on

19:50

laws so in Bun it means

19:54

not all ee things can be managed

19:58

even though things are very

20:00

vital because there are restrictions by

20:03

law

20:07

Okay next we discuss BUMD or

20:11

regionally owned enterprises, this is a

20:14

company established and owned

20:16

by the regional government with capital or most

20:19

or all of its capital

20:21

by the

20:23

regional government which its activities always try to

20:26

fulfill the needs of the community,

20:29

for example PDAM or e Drinking Water Company,

20:34

yes, regional Then e regional bank,

20:39

yes, Bank, Regional Development Bank, so

20:43

this is a form of regionally owned business goods

20:46

and so on,

20:48

next is the role of

20:51

BUMD, the role of Bud, the first is to

20:54

increase the growth of the

20:56

regional economy, especially the national economy

20:59

in

21:00

general, the second is the source of

21:04

regional income So it is almost the same as the state, yes,

21:07

if

21:08

BUMN is revenue for the state, if BUMD

21:12

is revenue for the region

21:15

Then the third is to open

21:18

employment opportunities so that it absorbs labor and

21:20

can reduce unemployment So it is

21:22

almost the same, yes, with BUMN, then the

21:25

fourth is to fulfill the needs of the community,

21:28

so

21:29

between BUMD and

21:31

BUMN, the role is almost the same, only the

21:34

category is different, one is

21:37

national scope, the second

21:38

is for the

21:40

region, then the advantages and

21:42

disadvantages of BUMD, first is the advantage of

21:45

BUMD, economic activities carried out

21:48

to serve the public interest So BUMD,

21:53

this BUMD was formed in order to

21:55

fulfill the public interest, second,

21:58

its capital comes from regional wealth, yes,

22:01

not the state, yes, sorry, this is regional wealth

22:05

Then if it

22:07

suffers a loss, the regional government

22:10

itself will bear

22:11

the loss, then the status of its employees is

22:15

regulated by government or

22:18

regional regulations, so the status of people who work

22:21

in BUMD is as

22:24

ee regional employees regulated by

22:27

regional government regulations, yes or

22:29

Regional regulations then obtain facilities from the

22:32

region Sorry yes from this region yes

22:35

obtain facilities from the region

22:38

Then next is the weakness of

22:40

BUMD what is the weakness of BUMD first

22:43

BUMD management is less efficient so that it

22:45

experiences losses clearly yes if

22:49

BUMD management is less efficient Then

22:52

automatically e in the end yes will

22:55

experience losses Okay that's all for now

22:58

in this video we will continue

23:00

again in the

23:02

next meetings If there are any ee misconceptions

23:05

or maybe different opinions with

23:07

all friends please type in the

23:09

comments column Thank you

23:11

Assalamualaikum warahmatullahi

23:13

wabarakatuh

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