#Indonesia Economy
Business
Garuda Indonesia Owes Employees $23 Million in Arrears

Garuda Indonesia Owes Employees $23 Million in Arrears

Garuda Indonesia revealed that it owes employees six months pay in arrears, as the state flag carrier continues to sag under nearly $5 billion in debt
Business
Indonesian Stock Exchange Halts Trade in Garuda Indonesia Stocks

Indonesian Stock Exchange Halts Trade in Garuda Indonesia Stocks

The Indonesian Stock Exchange or BEI halted trading in Garuda Indonesia's stocks, after the airline failed to pay $500 million in bonds
News
 President Jokowi: No Stockpiling of Covid-19 Vaccines in Indonesia

President Jokowi: No Stockpiling of Covid-19 Vaccines in Indonesia

President Joko Widodo instructed the authorities not to stockpile Covid-19 vaccines as Indonesia aims to speed up vaccination rates
Business
Indonesian Minister of Finance Suggests 1 Million Daily Vaccinations to Jumpstart Economy

Indonesian Minister of Finance Suggests 1 Million Daily Vaccinations to Jumpstart Economy

Indonesian Minister of Finance Sri Mulyani Indrawati calls for a daily vaccination rate to jumpstart the economy and gain herd immunity
Business
Garuda Indonesia to Reduce Number of Board of Commissioners

Garuda Indonesia to Reduce Number of Board of Commissioners

Indonesian State Owned Enterprises Minister Erick Thohir plans to reduce the number of commissioners in Garuda Indonesia as a cost-cutting measure
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