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View all search resultsThe Investment Coordinating Board (BKPM) has helped local small and medium enterprises (SMEs) sign deals over Rp 1.5 trillion (US$106 million) with national and multinational corporations to boost small firms’ role in global value chains.
“We expect to start the exports in September as we’ve already received permission to export the PPE from the government,” PT Pan Brothers vice president director Anne Patricia Sutanto said on Wednesday during a virtual press briefing.
The rationale behind the ratings decisions varies for each company but revolves around liquidity risks, concerns over debt repayment ability, a sharp rupiah depreciation, low commodity prices and overall weak demand.
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