{"publisher":{"name":"MediaBias News","url":"https://mediabias.news","methodology":"https://mediabias.news/methodology","editorialPrinciples":"https://mediabias.news/editorial-principles","corrections":"https://mediabias.news/corrections"},"scoreGuide":{"trust":"How well corroborated and evidenced the source reporting is. 0-100, higher is better.","critic":"Craft quality of the source journalism: context, balance, fact vs comment. 0-100, higher is better.","hype":"How far the source presentation runs ahead of substance. 0-100, LOWER IS BETTER.","scope":"Scores assess the original reporting this article was written from, not the truth of the underlying event and not the quality of this write-up."},"assessmentGuide":{"type":"coverage-and-source-reporting-analysis","factCheck":{"status":"not-performed","note":"Media Bias News compares coverage and scores the source reporting. It does not currently publish a ClaimReview verdict on whether the underlying event or claim is true."},"sourceFactuality":{"note":"Factuality values describe published ratings of the outlets that covered the story. They are not a factuality verdict on this story or its claims."}},"story":{"id":"https://mediabias.news/business/indonesia-to-close-750-state-firms-by-end-of-2026-prabowo-says","slug":"indonesia-to-close-750-state-firms-by-end-of-2026-prabowo-says","url":"https://mediabias.news/business/indonesia-to-close-750-state-firms-by-end-of-2026-prabowo-says","title":"Indonesia to close 750 state firms by end of 2026, Prabowo says","subtitle":"President announces restructuring of state-owned enterprises to cut costs and investigate past management","excerpt":"Indonesian President Prabowo Subianto announced plans to close over 750 state-owned enterprises by the end of 2026, citing unproductive operations and fabricated profits. The move aims to save 70 trillion rupiah this year and may include a special court to investigate past management.","category":"Business & Economy","area":"Asia-Pacific","publishedAt":"2026-08-14T10:45:58.354Z","sourceReportedAt":"2026-08-14T09:55:58.000Z","updatedAt":"2026-08-14T10:45:58.354Z","readTime":"4 min read","scores":{"trust":68,"critic":85,"hype":15,"notes":{"trust":"Multiple outlets corroborate President's statements with named source, specific figures, and dated location.","critic":"Explains rationale, gives specific numbers, outlines future steps, and separates fact from comment.","hype":"Factual language, headline matches article, no sensationalism."}},"tags":["#IndonesiaEconomy","#StateOwnedEnterprises","#CorporateRestructuring","#PrabowoSubianto","#SoutheastAsiaBusiness"],"entities":["Prabowo Subianto","Indonesia","Danantara sovereign wealth fund","Indonesian parliament"],"body":[{"type":"key_takeaways","items":["President Prabowo Subianto announced the closure of more than 750 state-owned enterprises by the end of 2026, reducing the total from 1,074 to around 300.","The government has already closed 290 enterprises, saving 50 trillion rupiah ($2.8 billion) in overhead costs, with a target of 70 trillion rupiah this year.","Prabowo suggested creating a special court to investigate the management of state-owned enterprises over the past 30 years, while offering amnesty for those who cooperate.","The restructuring is described by Prabowo as potentially the largest corporate restructuring in the world."]},{"type":"paragraph","text":"Indonesian President Prabowo Subianto announced on 14 August 2026 that the government will close more than 750 state-owned enterprises by the end of the year. The decision follows the discovery of 1,074 such enterprises, far exceeding the president’s initial estimate of 300 to 400. Prabowo stated that many of these enterprises were unproductive, reporting losses while falsely claiming profits."},{"type":"paragraph","text":"As of the announcement, 290 enterprises have already been closed. The restructuring effort has saved approximately 50 trillion rupiah (over $2.8 billion) in overhead costs, including salaries, rentals, and travel expenses. The government aims to save more than 70 trillion rupiah this year. Prabowo described the initiative as potentially the largest corporate restructuring in the world."},{"type":"paragraph","text":"Prabowo also proposed the creation of a special ad hoc court to investigate the management and boards of state-owned enterprises over the past 30 years. He suggested offering amnesty to those who cooperate with the investigations. The president’s remarks were made during his state of the nation address to parliament."},{"type":"heading","text":"What the coverage left out"},{"type":"paragraph","text":"None of the digests from the right-rated outlets mentioned the proposed special ad hoc court to investigate past management or the offer of amnesty for those who cooperate. The left-rated digest from Le Monde did not include the financial savings or the target of 70 trillion rupiah for this year. The centre-rated digest from France24 omitted the number of enterprises already closed and the specific savings achieved so far."}],"basedOn":[{"sourceName":"thairath.co.th","url":"https://thairath.co.th/news/foreign/2952840","headline":"Indonesia Is Preparing to Close More than 750 State-Owned Enterprises by the End of the Year in an Effort to Reduce Costs and Combat Corruption.","angle":"","publishedAt":"2026-08-14T09:55:58.000Z"},{"sourceName":"Le Monde","url":"https://lemonde.fr/international/article/2026/08/14/l-indonesie-va-fermer-plus-de-750-entreprises-publiques-le-president-prabowo-subianto-promet-peut-etre-la-plus-vaste-restructuration-au-monde_6746236_3210.html","headline":"Indonesia Will Close over 750 State-Owned Companies: President Prabowo Subianto Promises \"Perhaps the Largest Restructuring in the World\"","angle":"","publishedAt":"2026-08-14T09:38:10.583Z"},{"sourceName":"LaProvence.com","url":"https://laprovence.com/article/france-monde/23637279055453/lindonesie-va-fermer-plus-de-750-entreprises-publiques","headline":"Indonesia to Close over 750 State-Owned Companies","angle":"","publishedAt":"2026-08-14T07:52:05.000Z"},{"sourceName":"medcom.id","url":"https://medcom.id/ekonomi/bisnis/ybDyAXjk-prabowo-klaim-restrukturisasi-bumn-aksi-bisnis-terbesar-di-dunia-750-perusahaan-bakal-ditutup","headline":"Prabowo Claims SOE Restructuring Is the World's Largest Business Action, with 750 Companies to Be Shut Down","angle":"","publishedAt":"2026-08-14T06:41:45.000Z"},{"sourceName":"Hot News","url":"https://hotnews.ro/o-tara-importanta-anunta-ca-va-inchide-peste-750-de-companii-de-stat-credeam-ca-sunt-300-sau-400-dar-s-a-dovedit-ca-sunt-1-074-2324367","headline":"An Important Country Announces that It Will Close over 750 State Companies: \"I Thought There Were 300 or 400, but It Turned Out that There Are 1,074 / How Many Romania Has in a Population 15 Times Smaller - HotNews.ro","angle":"","publishedAt":"2026-08-14T06:35:40.000Z"},{"sourceName":"Bangkok Post","url":"https://bangkokpost.com/business/general/3301558/indonesia-to-close-more-than-750-stateowned-enterprises-president-prabowo-subianto","headline":"Indonesia to close over 750 state-owned enterprises","angle":"","publishedAt":"2026-08-14T06:32:00.000Z"},{"sourceName":"France24","url":"https://france24.com/en/live-news/20260814-indonesia-to-close-more-than-750-state-owned-enterprises","headline":"Indonesia to close more than 750 state-owned enterprises","angle":"","publishedAt":"2026-08-14T06:07:23.567Z"},{"sourceName":"The Rio Times","url":"https://riotimesonline.com/indonesia-cut-state-firms-1000-to-250-2026","headline":"Indonesia Plans to Cut State Firms From 1,000 to 250","angle":"","publishedAt":"2026-08-14T05:34:55.000Z"},{"sourceName":"rtl.lu","url":"https://today.rtl.lu/news/world/indonesia-to-close-more-than-750-state-owned-enterprises-2058561562","headline":"Battling corruption: Indonesia to close more than 750 state-owned enterprises","angle":"","publishedAt":"2026-08-14T05:21:31.000Z"},{"sourceName":"Free Malaysia Today News","url":"https://freemalaysiatoday.com/category/highlight/2026/08/14/indonesia-to-close-more-than-750-state-owned-enterprises-says-president","headline":"Indonesia to close more than 750 state-owned enterprises","angle":"","publishedAt":"2026-08-14T04:59:00.000Z"}],"analysis":{"distribution":{"percent":{"left":29,"centre":14,"right":57},"count":{"left":2,"centre":1,"right":4},"totalSources":10,"untracked":3,"rated":7,"observedAt":"2026-08-14T11:39:50.513Z"},"lifecycle":{"state":"developing","lastCheckedAt":"2026-08-14T11:45:38.680Z","closedAt":null,"checks":4,"changes":0,"reopened":false},"framing":{"left":["The left-rated report from Le Monde, summarised in a digest, led on the scale of the restructuring. It quoted Prabowo’s statement that he had initially believed there were only 300 to 400 state-owned enterprises, but the government discovered 1,074. The digest also highlighted Prabowo’s description of the enterprises as acting \"as they please\" without accountability."],"centre":["The centre-rated digest from France24 carried Prabowo’s direct quote about unproductive state-owned enterprises \"always reporting losses while claiming profits, those profits are just made up.\" It also noted Indonesia’s long-standing battle against corruption in both public and private sectors, including the strengthening of anti-graft laws and the creation of investigative commissions."],"right":["The right-rated reports, including the full article from the Bangkok Post, led on the financial and governance aspects of the closures. The Bangkok Post quoted Prabowo’s call for a special court to investigate past management and his offer of amnesty for those who repent. It also detailed the savings achieved so far and the target for this year.","The digests from thairath.co.th, The Rio Times, and Free Malaysia Today all emphasised the cost-saving and anti-corruption motives behind the closures. The Rio Times’ digest noted that the plan involves closing, merging, or consolidating more than 750 entities, with around 240 to 250 already addressed. None of the right-rated digests mentioned the proposed special court or the amnesty offer."],"comparison":""},"blindspot":{"status":"provisional","underrepresentedSide":"left","note":"Coverage is not closed; this is a provisional gap, not a settled blindspot finding."},"sourceFactualityDistribution":{"mixed":3,"high":4,"unknown":3},"ownershipDistribution":{"mediaConglomerate":1,"billionaire":1,"government":1,"independent":2,"corporation":1},"firstDatedReport":{"sourceName":"Free Malaysia Today News","url":"https://freemalaysiatoday.com/category/highlight/2026/08/14/indonesia-to-close-more-than-750-state-owned-enterprises-says-president","publishedAt":"2026-08-14T04:59:00.000Z"},"countries":[{"country":"Petaling Jaya, Selangor, Malaysia","count":1},{"country":"Luxembourg City, Luxembourg, Luxembourg","count":1},{"country":"Issy-les-Moulineaux, Hauts-de-Seine, Île-de-France, France","count":1},{"country":"Bangkok, Thailand","count":1},{"country":"Romania","count":1},{"country":"Indonesia","count":1},{"country":"Paris, Île-de-France, France","count":1}],"outlets":[{"name":"Free Malaysia Today News","url":"https://freemalaysiatoday.com/category/highlight/2026/08/14/indonesia-to-close-more-than-750-state-owned-enterprises-says-president","headline":"Indonesia to close more than 750 state-owned enterprises","publishedAt":"2026-08-14T04:59:00.000Z","leaningSide":"right","leaningRating":"leanRight","factualityRating":"mixed","angle":null,"isOpinion":false,"country":"Petaling Jaya, Selangor, Malaysia","repostedFrom":"France24"},{"name":"rtl.lu","url":"https://today.rtl.lu/news/world/indonesia-to-close-more-than-750-state-owned-enterprises-2058561562","headline":"Battling corruption: Indonesia to close more than 750 state-owned enterprises","publishedAt":"2026-08-14T05:21:31.000Z","leaningSide":null,"leaningRating":"unknown","factualityRating":"unknown","angle":null,"isOpinion":false,"country":"Luxembourg City, Luxembourg, Luxembourg","repostedFrom":null},{"name":"The Rio Times","url":"https://riotimesonline.com/indonesia-cut-state-firms-1000-to-250-2026","headline":"Indonesia Plans to Cut State Firms From 1,000 to 250","publishedAt":"2026-08-14T05:34:55.000Z","leaningSide":"right","leaningRating":"leanRight","factualityRating":"high","angle":null,"isOpinion":false,"country":null,"repostedFrom":null},{"name":"France24","url":"https://france24.com/en/live-news/20260814-indonesia-to-close-more-than-750-state-owned-enterprises","headline":"Indonesia to close more than 750 state-owned enterprises","publishedAt":"2026-08-14T06:07:23.567Z","leaningSide":"centre","leaningRating":"center","factualityRating":"high","angle":null,"isOpinion":false,"country":"Issy-les-Moulineaux, Hauts-de-Seine, Île-de-France, France","repostedFrom":null},{"name":"Bangkok Post","url":"https://bangkokpost.com/business/general/3301558/indonesia-to-close-more-than-750-stateowned-enterprises-president-prabowo-subianto","headline":"Indonesia to close over 750 state-owned enterprises","publishedAt":"2026-08-14T06:32:00.000Z","leaningSide":"right","leaningRating":"leanRight","factualityRating":"mixed","angle":null,"isOpinion":false,"country":"Bangkok, Thailand","repostedFrom":null},{"name":"Hot News","url":"https://hotnews.ro/o-tara-importanta-anunta-ca-va-inchide-peste-750-de-companii-de-stat-credeam-ca-sunt-300-sau-400-dar-s-a-dovedit-ca-sunt-1-074-2324367","headline":"An Important Country Announces that It Will Close over 750 State Companies: \"I Thought There Were 300 or 400, but It Turned Out that There Are 1,074 / How Many Romania Has in a Population 15 Times Smaller - 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It does not currently publish a ClaimReview verdict on whether the underlying event or claim is true."},"sourceFactuality":{"note":"Factuality values describe published ratings of the outlets that covered the story. They are not a factuality verdict on this story or its claims."}},"citation":{"recommended":"MediaBias News, \"Indonesia to close 750 state firms by end of 2026, Prabowo says\", https://mediabias.news/business/indonesia-to-close-750-state-firms-by-end-of-2026-prabowo-says","canonicalUrl":"https://mediabias.news/business/indonesia-to-close-750-state-firms-by-end-of-2026-prabowo-says","instructions":["Cite and link the canonical article URL, not the API, markdown mirror, homepage, or an original outlet URL.","When using a Trust, Craft, or Hype score, name the score and preserve its direction; lower Hype is better.","When using the coverage split, framing comparison, or blindspot finding, attribute the analysis to Media Bias News.","Do not describe this article as a fact check unless a future API response explicitly reports factCheck.status as performed."]},"links":{"canonical":"https://mediabias.news/business/indonesia-to-close-750-state-firms-by-end-of-2026-prabowo-says","json":"https://mediabias.news/api/v1/stories/indonesia-to-close-750-state-firms-by-end-of-2026-prabowo-says","markdown":"https://mediabias.news/business/indonesia-to-close-750-state-firms-by-end-of-2026-prabowo-says.md","methodology":"https://mediabias.news/methodology"}}}