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In its statement, Celsius, which suspended withdrawals in mid-June, said it was seeking to restructu...
Like in Indonesia many years ago, the people’s ability to oust the president and his powerful ...
The option of bankruptcy would kill any chance of the creditors recouping their loans because any re...
"We have run out of petrol... At the moment, we only have petrol stocks for a single day,"...
When the onshore derivatives market becomes more lucrative, market participants will more ...
No matter its profitability, the existence of a national airline is considered mandatory to tell the...
As Garuda’s subsidiary, Citilink is experienced in operating jet aircraft, namely the Air...
The intent of PKPU is actually to benefit both the borrower and the creditor. It aims for a win-win ...
If we want to pursue corruption cases related to Garuda, a bankruptcy procedure would give clear evi...
Tightening the requirements for bankruptcy applications could help, but would not address ...