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View all search resultsGaruda
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 that prices will remain stubbornly high next year, extending what the country has been suffering throughout this year.
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 debt repayment claim in the local court within the 30 days following its debt suspension case (PKPU) conclusion, experts believe this alone will not prevent creditors from filing lawsuits to force repayments later on.
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 14, involving such countries as Australia, Japan, South Korea and Britain. Ground drills and beach-landing exercises are being scheduled.
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 rights issues in the second half of this year, followed by more than Rp 73 trillion worth of state capital injections next year.
