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View all search resultsGaruda
Companies 3 years ago
PREMIUM
Airlines ready but doubtful on long-term prospects of flights to IKN
Indonesian airlines are ready to support air connectivity to Nusantara, the country’s new capital city (IKN) in Kalimantan, as the government steps up the project’s development and woos investors to come.
Companies 3 years ago
PREMIUM
Indonesian air traffic set to recover faster than expected
Indonesian airlines have expressed optimism that passenger figures on domestic routes are on track to get back to the pre-pandemic level in the first quarter of 2024, nearly a year faster than previously estimated.
Opinion 3 years ago
PREMIUM
Analysis: Garuda completes restructuring, back to black, resumes stock trading
Troubled-ridden flag carrier Garuda Indonesia completed its massive debt restructuring, allowing the company to turn around to profit last year, after massive losses in the past few years, and its stock resumes trading in the Indonesian Stock Exchange beginning this week after being suspended for the past six months.
Economy 3 years ago
PREMIUM
Yearender 2022: Bumpy takeoff for aviation, tourism industries this year
While the country’s tourism and aviation industries were expected to book strong recoveries this year as borders reopened and pandemic restrictions were eased, worsening macroeconomic conditions impeded progress and pushed back the expected date of a full recovery.
Regulations 3 years ago
PREMIUM
BI to develop wholesale CBDC soon, experts suggest prioritizing on retail
Bank Indonesia has announced that its roadmap for the country’s own central bank digital currency (CBDC) named the “digital rupiah” will start with a wholesale design, in a move that may bring the country closer to finally implement the long-awaited digital currency.
