#bankruptcy

Collection of bankruptcy news, found 114 news.

Uno optimistic of Garuda Indonesia's revival

Minister of Tourism and Creative Economy, Sandiaga Uno, has said he is optimistic that Garuda Indonesia's recovery ...

Garuda Indonesia's debt payment delay paves way for boosting recovery

The ruling of temporary delay on debt payment obligation (PKPU) for Garuda Indonesia has paved the way for boosting ...

Aviation industry recovery needs strong collaboration: minister

The recovery of the national aviation industry has become a common priority that needs strong collaboration among ...

Manpower Ministry to determine 2022 minimum wage

The Director General of Industrial Relations and Labors Social Security of the Ministry of Manpower, Indah Anggoro ...

SOEs Ministry devises five-tier rescue plan for Garuda Indonesia

The State-Owned Enterprises Ministry has said it is devising a rescue plan involving corporate business transformation ...

Garuda charter aircraft to improve efficacy of official visits

The presidential secretariat office confirmed that time and budget efficiency were main considerations prior to ...

Pelita Air must consolidate by serving pioneer flights: expert

Charter airline Pelita Air Service (PAS) must expand its scheduled flight service to remote destinations to improve air ...

Stakeholders urged to help salvage Garuda Indonesia from bankruptcy

A lawmaker made an earnest request to stakeholders to rescue Garuda Indonesia from the threat of bankruptcy. It is ...

IIF bestows award on Indonesian Finance Minister Sri Mulyani

The Institute of International Finance (IIF) bestowed the Distinguished Leadership and Service Award on Finance ...

Traditional fabric can help economy weave success

Indonesia is blessed with rich cultural diversity, whether in the form of archeological sites or highly valued crafts, ...

Provide varied stimulus to prevent work termination: Economist

The government should offer an array of adequate stimulus to prevent work termination from corporations, according to ...

Indonesia's economy to grow 2-3% in Q2: economist

The Indonesian economy will grow just 2-4 percent in the second quarter of 2021 owing to the recent spike in COVID-19 ...

WB approves US$400-million to facilitate Indonesia's financial reform

The World Bank's (WB’s) Board of Executive Directors approved funding of US$400 million, or Rp5.6 trillion, ...

News Feature

Keeping the Sumatran coffee business fragrant amid COVID-19 pandemic

"There is coffee, there is a story, there is no coffee, there is no need to tell a lot. Come on, let us have a ...

Aviation industry needs incentives to recover: INACA

Indonesia’s aviation industry, which has been hit hard by the COVID-19 pandemic, will need government incentives ...