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Search result with “Government Debts” as a keyword founded 83 news.
Deputy CEO of Bankrupt Sritex Detained over Rp 1 Trillion Loan Fraud
... the funds to settle personal debts and purchase property, resulting in ... attempts by management to secure a government bailout. Read More: IDX Urges ...News Aug 14, 2025 | 6:30 am
Prabowo Aims for Economically Independent Indonesia
... launched to spur growth. His government currently banks on the sovereign ... . Prabowo has also written off debts owed by micro, small, and ... late February, a move that the government believed could boost Indonesia’s GDP ...Business Aug 4, 2025 | 11:16 am
AGO Names Eight New Suspects in Sritex Credit Fraud Case
... off medium-term note (MTN) debts,” Nurcahyo said. Read More: IDX ... Iwan’s previous attempts to secure a government bailout.News Jul 22, 2025 | 11:43 am
INDEF: Soaring Free Meal Costs Threaten Indonesia’s Fiscal Health
... single program could undermine the government's ability to fund other ... government still needs to allocate substantial funds to repay debts ... risks. He urged the government to narrow the program ... can afford nutritious meals without government aid. A more selective ...Business May 28, 2025 | 7:37 pm
Deputy Manpower Minister Insists Severance Pay for Former Sritex Employees Must Be Paid
... Antara. he added that the government continues to oversee the process ... ), are fulfilled," he asserted. The government is also monitoring the company ... banks to Sritex, with unpaid debts totaling Rp 692 billion.News May 22, 2025 | 5:00 pm
Former Sritex Boss Accused of Embezzling Rp 692B in State Bank Loans
... the funds to repay personal debts and purchase property. “Sritex had ... Iwan's earlier attempts to secure a government bailout.News May 22, 2025 | 4:06 am
Government Forgives Rp 486 Billion in MSME Debt Under Prabowo’s Relief Program
Jakarta. The Indonesian government has written off Rp 486.1 ... taking office, President Prabowo signed a government regulation encouraging state banks to ... national banking system over unpaid debts. “Without these requirements, the debt ...Business May 1, 2025 | 11:18 pm
Indonesia's Foreign Debt Declines to $427.8 Billion
... debts also make up 84.7 percent of the foreign debt. The government ... investors have switched from government bonds to other investment ... 22.6 percent of the government's foreign debt goes to ... construction (12.1 percent). Most debts have a long repayment period. ...Business Apr 17, 2025 | 12:45 pm
New CEO Exposes Dire Financial Conditions at State-Run Film Company PFN
... is being bled dry by debts totaling tens of billions [rupiah ... direct budget allocation from the government and must rely solely on ... television programs for the Indonesian government since its founding in 1934 ...Lifestyle Mar 23, 2025 | 5:36 am
$3 Billion Eid Bonus for Civil Servants to Stimulate Spending, Says Govt
... quarter of 2025. The government continues to implement strategic policies ... Budget (APBN). “The government will continue to monitor individual ... disbursed in 2024. The government’s decision to release THR earlier ... save or pay off debts instead of spending the ...Business Mar 3, 2025 | 6:01 pm
Sritex, Indonesia’s Largest Textile Firm, to Shut Down Factories on Saturday
... over its failure to repay debts. The shutdown of the country ... on October 21. Meanwhile, the government’s promise of assistance failed to ... , a creditor, filed a lawsuit over unpaid debts. The creditor successfully annulled a prior ...Business Feb 28, 2025 | 2:59 pm
Danantara Expected to Boost Indonesia’s Investment-to-GDP Ratio
... ", ensuring economic stability while supporting government-led strategic programs without accumulating ... safeguarded by all branches of government -- executive, legislative, and judicial -- to ...Business Feb 24, 2025 | 10:18 am
Prabowo ‘Consistent’ in Delivering Campaign Promises, Apindo Says
... feed Indonesian school children government-aided nutritious meals to ... trying to navigate the new government structure,” Shinta said on ... Yulius Satria Wijaya) The government finally launched the free ... Rp 10 trillion in bad debts owned by farmers, fisherman, ...News Jan 28, 2025 | 4:46 pm
Indonesia Secures $528 Million Japanese Loan for Patimban Port
... years to pay off those debts. Japan has granted a 10-year ... completed. In late 2021, the government appointed the Indonesian consortium Pelabuhan ...Business Jan 13, 2025 | 8:39 am
Donation Meant for Acid Attack Victim Agus Salim Reallocated to Other Recipients
... the donations to repay personal debts rather than covering his medical ... be handed over to the government, with donor approval, to support ...News Jan 5, 2025 | 5:43 am
Government Unveils $1.3 Billion Credit Plan for Labor-Intensive Industries
... labor-intensive industries, the government is providing Rp 20 ... the government has issued a regulation to write off bad debts. So ... the credit programs. The government has also succeeded in ... These initiatives coincide with the government’s plan to raise the ...Business Dec 25, 2024 | 11:43 am
BNI Works with Creditors to Ensure Sritex’s Continuity After Bankruptcy Appeal Rejected
... will continue discussions with the government, Sritex management, and other stakeholders ... Indo Bharat Rayon over unpaid debts. The company’s appeal was rejected ... vital to Indonesia’s economy. The government has formed an inter-ministerial ...Business Dec 20, 2024 | 9:23 pm
Sritex Takes Last Legal Avenue after Supreme Court Rejects Appeal against Bankruptcy Ruling
... Indo Bharat Rayon over unpaid debts. The creditor successfully annulled a prior ... potential socio-economic fallout, the government has intervened by forming an ...Business Dec 20, 2024 | 3:52 pm
Germany Forgives Indonesia’s $78 Million Debt to Fight HIV, Tuberculosis
... to the Finance Ministry, the government recently inked a debt-to- ... To this end, the government plans to ramp up screening ... as of September. The government also reported that the prevalence ... a country to swap Indonesia’s debts for other initiatives. Earlier this ...News Dec 18, 2024 | 12:52 pm
Finding the Middle Ground on 12 Percent VAT
... Ahmad recently revealed that the government and the House of ... needs), among others. The government has already exempted staple food ... only contributes 5 percent. “If the government focuses on boosting income tax ... 60 percent of the state debts. If only we could ...Business Dec 10, 2024 | 9:50 am
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