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bankruptcy

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.
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 revenues obtained from asset liquidation would first be allocated to tax payments and severance allowances to employees.
Cash-strapped Sri Lanka out of petrol: Prime Minister
Asia & Pacific 3 years ago

Cash-strapped Sri Lanka out of petrol: Prime Minister

"We have run out of petrol... At the moment, we only have petrol stocks for a single day," Ranil Wickremesinghe said, warning his bankrupt country could face more hardships in the coming months.
Indonesia's future derivatives market
Academia 4 years ago

PREMIUM
Indonesia's future derivatives market

When the onshore derivatives market becomes more lucrative, market participants will more actively hedge their financial position, thereby developing more efficient risk management and providing space for market expansions. 
Should we close down Garuda?
Academia 4 years ago

PREMIUM
Should we close down Garuda?

No matter its profitability, the existence of a national airline is considered mandatory to tell the world, “We still exist!”
Reset Garuda Indonesia through Citilink: A lesson from Europe
Academia 4 years ago

PREMIUM
Reset Garuda Indonesia through Citilink: A lesson from Europe

As Garuda’s subsidiary, Citilink is experienced in operating jet aircraft, namely the Airbus A320 fleet. The company’s airport slots in several ASEAN countries would be of tremendous additional value.
Suspension of debt payment is meant to save companies from bankruptcy
Academia 4 years ago

PREMIUM
Suspension of debt payment is meant to save companies from bankruptcy

The intent of PKPU is actually to benefit both the borrower and the creditor. It aims for a win-win instead of a lose-lose situation.
The tale of crisis-ridden Garuda: A phoenix in waiting?
Academia 4 years ago

PREMIUM
The tale of crisis-ridden Garuda: A phoenix in waiting?

If we want to pursue corruption cases related to Garuda, a bankruptcy procedure would give clear evidence of state losses caused by alleged corruption. 
Bankruptcy moratorium and law reform is sorely needed
Opinion 4 years ago

PREMIUM
Bankruptcy moratorium and law reform is sorely needed

Tightening the requirements for bankruptcy applications could help, but would not address the whole issue and could even create new problems
Garuda’s dwindling options
Editorial 4 years ago

Garuda’s dwindling options

There is a limit to how far the nation will go to sustain its aviation pride. That limit may be at hand.
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