#State-owned-enterprises
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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
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Indonesian Presidential Chief of Staff: Ivermectin A Covid-19 Cure

Indonesian Presidential Chief of Staff: Ivermectin A Covid-19 Cure

Indonesian Presidential Chief of Staff Moeldoko hails Ivermectin as a Covid-19 cure, following successful tests in the country and abroad
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Garuda Indonesia Labor Union Criticize Its Early Retirement Program

Garuda Indonesia Labor Union Criticize Its Early Retirement Program

Indonesian flag carrier Garuda Indonesia's labor union criticize the airline's early retirement program, citing lack of transparency
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
Business
Indonesian State Firms Expected to Pay Out 35 Trillion Rupiahs in Dividends

Indonesian State Firms Expected to Pay Out 35 Trillion Rupiahs in Dividends

State firms are expected to pay out 35 trillion rupiahs ($2.45 billion) in dividends this year or up 34.6 percent from 26 trillion rupiahs last year.
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'Work From Bali' Program Begins, says Indonesian Tourism Minister

Business

Indonesia, China Hold Inaugural Meeting of Bilateral High Level Dialog in Guizhou

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Garuda Indonesia to Reduce Number of Board of Commissioners

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Indonesia’s State-Owned Firms Plan to Boost Entrepreneurship in 1,000 Islamic Boarding Schools

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Indonesian Minister For State Enterprises Shakes Up Kimia Farma Board

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Indonesia Highlights: ‘Dismiss All Individuals Involve in Old Rapid Test Kits Case’: Indonesian Minister | 10 Indonesian State Firms to Enter Stock Market until 2023 | Flower Moon to Light up Indonesi

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Indonesia Seeks Investments from Singapore

Business

NAC Denies Corruption Allegations in Garuda Airplane Procurements

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Garuda Indonesia Returns 12 CRJ1000 Jets to Their Leasing Company

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Indonesia Ready to Become Major Player in Electric Vehicle Industry: Minister

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Foreign Companies Eye Airport Management Projects in Indonesia: Minister’s Top Aide

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Indonesia Eyes UAE, Saudi Investments to Aid Economic Recovery Post-Pandemic

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Indonesia’s Sarinah Inks Deals with Swiss, Mexican Firms to Expand Retail Business

Business

Indonesia to Wind Up 14 State Firms, Says Minister’s Top Aide

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Five Indonesian State Firms Ink Deal on Business Consolidation in Hotel Industry

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