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Garuda

Inflation may exceed 4% next year, BI warns, upping pressure on govt
Economy 3 years ago

PREMIUM
Inflation may exceed 4% next year, BI warns, upping pressure on govt

The high inflation rate in Indonesia is likely to continue in 2023 as Bank Indonesia projects t...
Garuda still faces repayment risks, possible lawsuits: Experts
Companies 3 years ago

PREMIUM
Garuda still faces repayment risks, possible lawsuits: Experts

While Garuda Indonesia is relieved that Boeing, along with several other creditors, did not make any...
12 countries to join Indonesia, US joint military drill in Sumatra
Asia & Pacific 3 years ago

12 countries to join Indonesia, US joint military drill in Sumatra

The "Super Garuda Shield" exercise will be held in Sumatra and Kalimantan from Aug. 1 to 1...
Pelita Air to add planes, routes in push for passenger segment
Companies 3 years ago

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Pelita Air to add planes, routes in push for passenger segment

PT Pelita Air Service, a small airline previously offering charter flights for Pertamina, is enterin...
Saved from bankruptcy
Editorial 3 years ago

Saved from bankruptcy

The option of bankruptcy would kill any chance of the creditors recouping their loans because any re...
Creditors approve Garuda's restructuring plan
Companies 3 years ago

PREMIUM
Creditors approve Garuda's restructuring plan

Garuda Indonesia has won by a landslide a vote on its proposal to restructure Rp 142 trillion ($9 bi...
Garuda ups pressure on creditors week before deadline
Companies 3 years ago

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Garuda ups pressure on creditors week before deadline

As the court- supervised debt-restructuring period draws to its end, the national flag carrier has e...
Ministry plans to beef up SOEs with Rp73t in cash injections, rights offers
Companies 3 years ago

PREMIUM
Ministry plans to beef up SOEs with Rp73t in cash injections, rights offers

The State-Owned Enterprises Ministry plans to raise money for state-owned firms through multiple rig...
Garuda Indonesia requests third extension of restructuring period
Companies 3 years ago

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Garuda Indonesia requests third extension of restructuring period

Garuda Indonesia has once again requested more time for its supervised debt restructuring, as the na...
Garuda enters formal restructuring after ruling on debt petition
Companies 4 years ago

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Garuda enters formal restructuring after ruling on debt petition

The Central Jakarta District Court has accepted a petition filed by an IT company against flag carri...
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