--- title: "Indonesia to close 750 state firms by end of 2026, Prabowo says" publication: "MediaBias News" url: "https://mediabias.news/business/indonesia-to-close-750-state-firms-by-end-of-2026-prabowo-says" api: "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" audio: "https://mediabias.news/api/audio/indonesia-to-close-750-state-firms-by-end-of-2026-prabowo-says" category: "Business & Economy" area: "Asia-Pacific" published: "2026-08-14T10:45:58.354Z" source_reported: "2026-08-14T09:55:58.000Z" updated: "2026-08-14T10:45:58.354Z" trust_score: 68 critic_score: 85 hype_score: 15 assessment_type: "coverage-and-source-reporting-analysis" fact_check_status: "not-performed" coverage_measured: "2026-08-14T11:39:50.513Z" --- # Indonesia to close 750 state firms by end of 2026, Prabowo says *President announces restructuring of state-owned enterprises to cut costs and investigate past management* **Scores for the source reporting** (0-100, assessing the original journalism this article was written from, not this write-up): - Trust 68 of 100, higher is better. Multiple outlets corroborate President's statements with named source, specific figures, and dated location. - Craft 85 of 100, higher is better. Explains rationale, gives specific numbers, outlines future steps, and separates fact from comment. - Hype 15 of 100, lower is better. Factual language, headline matches article, no sensationalism. Scored by MediaBias News; method at https://mediabias.news/methodology. **The short version** - 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. 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. 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. 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. ## What the coverage left out 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. ## Who covered it Shares of the 7 covering outlets with a published leaning rating: - Left: 29% (2) - Centre: 14% (1) - Right: 57% (4) 3 of 10 covering outlets carried no usable leaning rating and were excluded from those percentages. Coverage measured 2026-08-14T11:39:50.513Z. **Coverage watch:** developing. Checked 4 times; 0 checks found a material change. Most recently checked 2026-08-14T11:45:38.680Z. ## How the sides framed it ### 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. **Provisional coverage gap:** left. The watch is not closed, so this is not yet a settled blindspot finding. ## Factuality profile of the covering outlets These are published factuality ratings of the outlets, not a verdict on whether this story or its claims are true. - mixed: 3 - high: 4 - unknown: 3 ## Verification scope This page compares coverage and scores the source reporting. It is not a ClaimReview verdict on whether the underlying event or claim is true. ## Original reporting this was written from - [thairath.co.th](https://thairath.co.th/news/foreign/2952840) — 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. - [Le Monde](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) — Indonesia Will Close over 750 State-Owned Companies: President Prabowo Subianto Promises "Perhaps the Largest Restructuring in the World" - [LaProvence.com](https://laprovence.com/article/france-monde/23637279055453/lindonesie-va-fermer-plus-de-750-entreprises-publiques) — Indonesia to Close over 750 State-Owned Companies - [medcom.id](https://medcom.id/ekonomi/bisnis/ybDyAXjk-prabowo-klaim-restrukturisasi-bumn-aksi-bisnis-terbesar-di-dunia-750-perusahaan-bakal-ditutup) — Prabowo Claims SOE Restructuring Is the World's Largest Business Action, with 750 Companies to Be Shut Down - [Hot News](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) — 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 - [Bangkok Post](https://bangkokpost.com/business/general/3301558/indonesia-to-close-more-than-750-stateowned-enterprises-president-prabowo-subianto) — Indonesia to close over 750 state-owned enterprises - [France24](https://france24.com/en/live-news/20260814-indonesia-to-close-more-than-750-state-owned-enterprises) — Indonesia to close more than 750 state-owned enterprises - [The Rio Times](https://riotimesonline.com/indonesia-cut-state-firms-1000-to-250-2026) — Indonesia Plans to Cut State Firms From 1,000 to 250 - [rtl.lu](https://today.rtl.lu/news/world/indonesia-to-close-more-than-750-state-owned-enterprises-2058561562) — Battling corruption: Indonesia to close more than 750 state-owned enterprises - [Free Malaysia Today News](https://freemalaysiatoday.com/category/highlight/2026/08/14/indonesia-to-close-more-than-750-state-owned-enterprises-says-president) — Indonesia to close more than 750 state-owned enterprises ## Questions **How many state-owned enterprises will Indonesia close by the end of 2026?** Indonesia plans to close 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 as part of the restructuring effort. **What is the financial target of Indonesia’s state-owned enterprise restructuring?** The Indonesian government aims to save more than 70 trillion rupiah (over $4 billion) this year through the restructuring of state-owned enterprises. So far, the effort has saved about 50 trillion rupiah ($2.8 billion) in overhead costs. **What did President Prabowo say about the management of state-owned enterprises?** President Prabowo Subianto stated that many state-owned enterprises were unproductive, reporting losses while falsely claiming profits. He proposed creating a special court to investigate their management over the past 30 years and offered amnesty to those who cooperate. --- MediaBias News — https://mediabias.news. Reproduced from https://mediabias.news/business/indonesia-to-close-750-state-firms-by-end-of-2026-prabowo-says. Please cite as: 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