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Search result with “Financial Restructuring” as a keyword founded 91 news.

Government to Take Charge of $7.3 Billion Whoosh Debt Restructuring

... concerns within Danantara over the financial burden associated with the flagship ... has already prepared a framework for restructuring and repaying the debt, stressing ... negotiations on the project's debt restructuring had reached a final agreement following ...
Business Jul 16, 2026 | 12:01 pm

Indonesia's Growth Is Leaving Workers Behind

... came layoffs. The company, citing financial losses and efficiency measures, dismissed ... was owed, citing bankruptcy and restructuring. The workers rejected the offer ...
Business Jul 11, 2026 | 3:52 pm

Gunbuster Nickel Lays Off 1,800 Workers as Financial Crisis Hits Smelter

... As Jiangsu Delong underwent restructuring following its own financial crisis, Zheshang Zhongtuo ... Debt Payment Obligations (PKPU) restructuring process. The company has expressed ... social security program. The restructuring has also affected foreign employees ...
Business Jul 9, 2026 | 3:55 pm

Indonesia Regulator Says No Mass Layoffs in Banking Sector

... Jakarta. Indonesia's financial regulator has dismissed ... banking supervision at Indonesia's Financial Services Authority (OJK), said ... to OJK supervisors, the restructuring process has been completed ... 2026. KB Bank's financial statements show that the ...
Business Jul 8, 2026 | 5:26 pm

KB Bank Indonesia Eliminates 662 Jobs in Technology-Driven Turnaround

... accelerating its business turnaround, the Financial Services Authority (OJK) said on ... , according to the bank's latest financial statements. OJK Banking Supervision Chief ... affected by layoffs. Despite the restructuring, Dian said Indonesia's banking sector ...
Business Jul 6, 2026 | 6:53 pm

TikTok Denies Mass Tokopedia Layoffs, Opens 100 Jobs in Indonesia

... reports claimed the latest restructuring had reduced the company's ... but said it is restructuring its research and development ... expected to have a material financial impact on the company. ... no longer consolidates Tokopedia's financial results, accounting for its ...
Business Jul 6, 2026 | 2:49 pm

GoTo Says TikTok Shop-Tokopedia Layoffs Won't Materially Affect Earnings

... to have a material financial impact on the Indonesian ... no longer consolidates Tokopedia's financial results after its ownership ... method, meaning any financial effect would be limited ... part of an organizational restructuring. CNBC Indonesia reported that ...
Business Jul 4, 2026 | 11:52 am

Danantara Flags Suspected Financial Irregularities at Pos Indonesia

... due diligence review uncovered longstanding financial and governance problems, including ... broad assessment of Pos Indonesia's financial condition, operations, governance, and ... -rooted challenges that require fundamental restructuring. "According to him, the ...
Business Jul 4, 2026 | 10:30 am

Prabowo Targets Slimmer SOEs, Rules Out Layoffs

... replied. Prabowo said the restructuring was necessary to eliminate ... assured employees that the restructuring would not result in ... to improve efficiency and financial performance. He argued that ... potential savings from the restructuring. "Our annual labor ...
Business Jun 29, 2026 | 3:46 pm

Finance Minister Says Prabowo’s Free Meals Program Can Be Cut Even More

... as the government undertakes a broad restructuring of the MBG program, one ... ministry is prepared to provide financial management personnel to assist BGN ...
News Jun 26, 2026 | 11:06 pm

Reviving Garuda Indonesia Takes Time After Danantara’s $1.3 Billion Injection

... Danantara took over the company’s restructuring by injecting Rp 23.6 trillion ... shareholder. Since then, Garuda Indonesia’s financial performance -- slowly but surely -- has ... negative retained earnings in the financial statement of the company, [GMFI ...
Business Jun 17, 2026 | 10:25 am

Indonesia Establishes New State Holding to Oversee Industrial Estates

... model. Under the latest restructuring led by Danantara, Danareksa ... broader state-owned enterprise restructuring program. Dony said the ... legal restructuring process is targeted for ... Read More: Indonesia Prepares Financial SEZ to Rival Singapore, ...
Business May 25, 2026 | 11:42 pm

Palm and Coal: The Price of Weak Control

... more conservative estimate by Global Financial Integrity – roughly $6.5 billion ... sovereign wealth fund tasked with restructuring state-owned enterprises and ... transfer-pricing regulation, and financial transparency. Strengthened economic governance ...
Opinion May 22, 2026 | 9:30 pm

Airlangga Says Single-Gate Export Policy Won’t Restrict Businesses

... ’s room to operate. We are restructuring the system so that the ... earnings are retained within Indonesia’s financial system. The second involves regulating ...
Business May 22, 2026 | 2:27 pm

Garuda Indonesia Cuts Q1 Loss by 45% as Passenger Traffic Rises

... the carrier continued its post-restructuring recovery. Garuda booked a net loss ... , increased flight capacity, and improved financial performance in the first quarter ...
Business May 15, 2026 | 12:27 pm

Weakening Rupiah Forces Indonesian Businesses to Delay Expansion Plans

... plans and adopt more cautious financial strategies, according to a leading business ... rupiah volatility. Businesses are additionally restructuring debt portfolios to achieve a more ...
Business May 12, 2026 | 6:08 pm

bank bjb Posts Solid Results, Declares Rp 900 Billion Dividend

... annual report, including consolidated financial statements and the supervisory report ... auditor registered with Indonesia’s Financial Services Authority. The meeting ... the holding company of a financial conglomerate. A restructuring of the board of ...
Special Updates Apr 28, 2026 | 10:21 pm

Indonesia Credit Grows 10.42% in Q1 as Corporate, Consumer Lending Offset MSME Contraction

... activity amid efforts to maintain financial stability. By segment, corporate lending ... disaster-hit regions through loan restructuring measures, including tenor extensions, grace ...
Business Apr 20, 2026 | 1:28 pm

Indonesia Finalizes Restructuring Plan for China Train Debt

... it had finalized its debt restructuring plan for the China-backed ... in charge of Whoosh’s biggest financial stress bearer Kereta Api Indonesia ...
News Apr 8, 2026 | 9:16 am

Garuda Shows Early Recovery Signs After State Backing, Says Danantara

... Agency, Dony Oskaria, said the financial pressures reflected in Garuda’s 2025 ...
Business Mar 30, 2026 | 2:01 pm
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