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Search result with “Company Restructuring” as a keyword founded 105 news.
KFC Indonesia Shuts Another 19 Outlets, Cuts 400 Jobs Amid Efficiency Drive
... a network efficiency and restructuring strategy. The move follows ... challenging business conditions. The company has faced compounded pressures ... weaker sales, the company managed to narrow its ... The operator said the restructuring strategy remains critical to ...Business Oct 2, 2025 | 7:47 pm
HTK Exits HUMI with Rp 59b Sale Within Tommy Soeharto’s Group
Jakarta. Shipping company Humpuss Transportasi Kimia (HTK) has ... transaction effectively an intra-group restructuring rather than an arms-length ...Business Oct 2, 2025 | 11:52 am
Legendary Shoe Brand Bata Stops Daily Footwear Manufacturing in Indonesia
... have agreed to discontinue the company’s footwear manufacturing operations,” said ... independence. Initially importing shoes, the company opened its first local factory ... retailers. Leadership Changes The company also confirmed leadership changes approved ...Business Sep 30, 2025 | 7:38 pm
Market Braces as Danantara Takes Operational Control of SOEs Holding 20% of IDX
... a newly created regulator BPBUMN. The restructuring aims to streamline governance and ... strengthening Danantara as the holding company managing SOEs should be sufficient ...Business Sep 29, 2025 | 8:14 pm
Indonesia Dissolves SOEs Ministry, Hands Control to Danantara and New Regulator
... -Owned Enterprises (SOEs) Ministry, a landmark restructuring that shifts control of state ... to approve changes to the company’s articles of association, mergers, acquisitions ...Business Sep 26, 2025 | 6:05 pm
43% of Jakarta-Bandung Rail Foreign Passengers Are Malaysians
... Indonesia China (KCIC), the transport company that operates the rail network ... is currently working on a debt restructuring plan. Read More: Danantara Mulls ... Restructuring High-Speed Railway’s Hefty China ...Lifestyle Sep 4, 2025 | 1:04 pm
Danantara Steps In as Whoosh Train Saves Time but Bleeds Cash
... it has imposed on his company. KAI, through a state-owned consortium ... burden. Read More: Danantara Mulls Restructuring High-Speed Railway’s Hefty China ... a central role in any debt restructuring. The Whoosh service, inaugurated in ...Business Aug 22, 2025 | 7:32 pm
BCA Denies Claims of Rigged 2002 Takeover by Djarum
... , not the market capitalization. The company added that since its 2000 ... consortium through the Indonesian Bank Restructuring Agency (BPPN) reflected market conditions ... fully settled by 2009, the company said. Despite the rebuttal, BCA ...Business Aug 21, 2025 | 11:24 am
Indonesia’s H1 Energy, Mineral Investments Hit Record High at $13.9 Billion
... also hinted that the Chinese company would likely partner with a private ... -owned Indonesian company. Read More: Danantara Mulls Restructuring High-Speed Railway ...Business Aug 12, 2025 | 7:26 am
Danantara Mulls Restructuring High-Speed Railway’s Hefty China Debt
... Danantara is working on a debt restructuring plan for the Jakarta-Bandung ... Karya (33.36 percent), plantation company Perkebunan I (1.03 percent), tollway operator ...Business Aug 6, 2025 | 11:53 am
Del Monte, 139-Year-Old Canned Food Maker, Files for Bankruptcy
... Walnut Creek, California-based company has secured $912.5 million ... global head of legal and restructuring at Debtwire, a financial ... lawsuit objecting to the company’s debt restructuring plan. The case was ... million, according to the company. Del Monte said late ...Business Jul 3, 2025 | 11:38 am
Garuda Indonesia to Expand Fleet, Routes as Shareholders Approve Restructuring
... , and boosting passenger traffic. The company plans to gradually increase its ... , which focused on managing debt, restructuring its fleet composition, and controlling ... shareholder support will help the company deliver improved performance. Read More ...Business Jul 1, 2025 | 11:13 am
Garuda Indonesia Targets 120 Aircraft by 2030 Following $407M Capital Boost
... wealth fund, Danantara Indonesia, the company announced Tuesday. Garuda CEO Wamildan ... than 40 following a major debt restructuring in 2022. As air travel ...Business Jun 24, 2025 | 9:31 pm
AI Takeover? Microsoft Lays Off 6,000 Employees, Shifts Focus to AI
... are part of the company’s ongoing restructuring as it shifts focus ... positions, according to the company. Despite reporting strong profits ... officer, explained that the company is focusing on building ... June, continue to drive the company’s growth. However, AI ...Business May 14, 2025 | 2:15 pm
OpenAI Abandons For-Profit Plan, Keeps Nonprofit in Control
... OpenAI’s nonprofit board, said the company is now proposing a “recapitalization” ... and Delaware reviewed the proposed restructuring, with California’s office confirming an ... public accountability. Altman said the company still expects a major investment from ...Tech May 6, 2025 | 4:14 pm
Bayan Resources Shuts Down Australian Unit in Corporate Streamlining
... part of its ongoing corporate restructuring, the company said in a regulatory filing ... Australian-incorporated entity under the company’s full control. “The dissolution and ... they ceased business operations. The company received confirmation of their official ...Business Mar 19, 2025 | 1:46 pm
Forever 21 to Close US Operations, Blames Cheap Chinese Imports
... options to best position the company for the future, we ... a factor that has put the company at a pricing disadvantage. Forever ... Brands Group, said the restructuring will help modernize Forever 21 ... In January 2024, its parent company, Sparc Group, merged with ...Business Mar 17, 2025 | 10:46 pm
Sritex, Indonesia’s Largest Textile Firm, to Shut Down Factories on Saturday
... a viable rescue plan, sealing the company’s fate. Emotional Farewell for Thousands ... Semarang. The Sukoharjo facility, the company’s largest, employed more than 8, ... creditor successfully annulled a prior debt restructuring agreement, forcing Sritex into a legal ...Business Feb 28, 2025 | 2:59 pm
DPR Set to Approve Revised SOEs Law, Paving the Way for Danantara Investment Superholding
... leadership. More detailed provisions on restructuring, mergers, acquisitions, and the creation ... firm Telkom, utility PLN, oil company Pertamina, as well as banking ...Business Feb 3, 2025 | 5:47 pm
Indonesia’s SOE Ministry Aims to Reduce State-Owned Enterprises to 30 by 2025
... operator Pelabuhan Indonesia (Pelindo), shipping company Pelayaran Indonesia (Pelni), and ferry ... , the SOE Ministry has been restructuring corporations through holding companies, mergers ...Business Dec 25, 2024 | 11:31 am
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