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Academia 15 hours ago

PREMIUM
Garuda’s 50 Boeing planes deal: Between ambition and survival

Garuda’s multi-billion dollar bet on 50 new Boeing jets will either modernize Indonesia's skies or ground the carrier in debt, depending entirely on whether the deal prioritizes operational logic over political optics.

Academia 1 month ago

PREMIUM
Addressing the 4Is of good corporate governance (Part 2)

As trillions in state funds remain unrecovered, Indonesia’s path to sustainable growth hinges on moving beyond 'business as usual' toward a rigorous, mandatory framework of institutional control and proactive intervention

Tech 2 months ago

PREMIUM
Start-up scandals in 2025 force investors to raise the bar, change playbooks

From the unravelling of eFishery saga to corruption probes ensnaring venture capital executives tied to state-backed funding at TaniHub, the year stripped the gloss from Southeast Asia’s most coveted start-up market.

Archipelago 3 months ago

Batam immigration detains man wanted in China over $138 million loan default

The 58-year-old man, identified only as WZ, was arrested in Batam, Riau Islands, on Thursday after a request was received from the Chinese embassy in Jakarta.

Economy 2 years ago

China's Country Garden says might not meet all debt obligations

The firm said Tuesday it had missed a payment of HK$470 million ($60 million). The group has a grace period of 30 days to avoid a potential default.

Academia 2 years ago

Saving our GenDebt

The OJK should consider requiring BNPL platforms to comply with certain standards for its prudence, similar to what the authority does with insurance companies when taking customers.

Jakarta 2 years ago

PREMIUM
Debt trap: Millions of Jakartans owe trillions to online lending platforms

Jakarta is in the second spot among provinces with the greatest personal debt via online lending platforms, most of which are illegal and thus preventing growth in P2P lending, according to the country's top financial authority.

Economy 2 years ago

US debt crisis: Biden vows 'no default'

There are seven days until June 1 -- the earliest possible point when the government estimates it could run out of money to service its debts -- and missed loan repayments would likely spark a recession, roiling world markets.

Markets 2 years ago

Fitch puts US credit rating on negative watch as debt ceiling deadline looms

Ratings agency Fitch on Wednesday put the United States' credit on watch for a possible downgrade, raising the stakes as negotiations over the country's debt ceiling go down to the wire.

Regulations 2 years ago

White House, Republicans trade barbs as debt talks paused

President Joe Biden's administration and congressional Republicans traded barbs on Saturday over raising the federal $31.4 trillion debt ceiling, with both sides casting the other's proposals as too extreme.

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