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View all search resultsrestructuring
Politics 1 week ago
PREMIUM
TNI restructuring raises eyebrows
A restructuring within the Indonesian Military (TNI) that involves the revival of a decades-long-dormant post and an upgrade in several commands has raised questions on whether the changes reflect external security concerns or internal organizational needs.
Politics 7 months ago
PREMIUM
Massive TNI restructuring prompts militarization, budget concerns
A massive restructuring of the Indonesian Military (TNI) has raised concerns among observers over its inefficient use of the defense budget and further militarization efforts across the country, warning of the growing military presence in civic spaces.
Companies 9 months ago
PREMIUM
Moody’s downgrades BTN’s baseline credit assessment over solvency risks
The global rating agency downgraded the state-owned lender’s inherent creditworthiness to Ba2 citing real risks in its outstanding loans and accrued interest receivables, though it maintained BTN’s overall credit rating at Baa2 with a stable outlook.
Companies 1 year ago
PREMIUM
Kimia Farma to halve production facility amid financial woes
Indonesia’s biggest pharmaceutical company plans to close five factories within the next two or three years in a measure that its director of production and supply chain attributed to the need to ensure sustainability.
Economy 3 years ago
PREMIUM
New uncertainty could necessitate more loan restructuring
Another extension of the bank loan-restructuring program believed to be unlikely, but experts and borrowers say authorities may want to reconsider, arguing that some businesses need more time to fix their finances.
