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bailout

Is Sritex too big to fail?

Editorial 1 year ago

PREMIUM
Is Sritex too big to fail?

The idea of the state using taxpayer funds to save a private textile company is problematic for a number of reasons, and the desire to save jobs is a weak argument to justify such a move.

Midsize US banks ask government to protect all deposits: report

Regulations 3 years ago

Midsize US banks ask government to protect all deposits: report

The measure would "immediately halt the exodus of deposits from smaller banks, stabilize the banking sector and greatly reduce chances of more bank failures," the Mid-Size Bank Coalition of America (MBCA) argued in a letter to authorities, according the report.

A lesson from Sri Lanka

Editorial 3 years ago

A lesson from Sri Lanka

Like in Indonesia many years ago, the people’s ability to oust the president and his powerful family could be a starting point to rebuilding the nation.

IMF hopes for resolution of Sri Lanka crisis to allow bailout talks

Economy 3 years ago

IMF hopes for resolution of Sri Lanka crisis to allow bailout talks

Sri Lanka's President Gotabaya Rajapaksa will resign on Wednesday after thousands of protesters stormed his official residence and secretariat on Saturday, an official said. Protesters also set fire to Prime Minister Ranil Wickremesinghe's private residence.

Years of living dangerously

Editorial 3 years ago

Years of living dangerously

Without the IMF’s intervention, it would have been much more difficult for the nation to force Soeharto to step down and embark on historic political reforms to bring democracy back to life.

Indonesian presidents in times of crisis: The way I see it

Academia 3 years ago

PREMIUM
Indonesian presidents in times of crisis: The way I see it

Before the 1997 crisis hit, foreign countries such as the United States and Japan and international organizations like the World Bank treated Indonesia as their “golden boy”.

Too important to fail

Editorial 4 years ago

Too important to fail

The government should tie whatever forms of additional financial aid to Garuda to strict terms and conditions, imposing tough performance indicators for any disbursement of bailout funds.

Bailout will keep Air France-KLM afloat for less than year: CEO

Business 5 years ago

Bailout will keep Air France-KLM afloat for less than year: CEO

In an interview with the French daily l'Opinion, Smith also warned that calls for airlines to contribute more to fight climate change could be catastrophic for their survival which is already under threat due to the coronavirus pandemic.

Australian newswire gets government bailout

World 5 years ago

Australian newswire gets government bailout

Australia's struggling national newswire was promised a Aus$5 million (US$3.7 million) government bailout on Friday, just days after launching a crowdfunding campaign in an attempt to guarantee its survival.

Bailing out SMEs is not enough. Boosting demand is more important

Opinion 5 years ago

Bailing out SMEs is not enough. Boosting demand is more important

There are more than 60 million SMEs across Indonesia, but only 12 percent have access to financing or bank loans.

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