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DPR Urges $552 4 Mn Cash Boost for Garuda

Indonesia lawmakers back $522 million capital top-up for airline Garuda

By Stefanno Sulaiman JAKARTA (Reuters) - Indonesian lawmakers on Friday approved the government's plan to top up Garuda Indonesia's capital by 7.5 trillion rupiah ($522.43 million) this year, once the carrier reaches a debt settlement with creditors, a government official said.

Indonesia lawmakers back $522m capital top-up for airline Garuda

Garuda has been trying to renegotiate its debt with creditors under a court-led process.

Indonesia lawmakers back $522 million capital top-up for airline Garuda

By Stefanno Sulaiman JAKARTA (Reuters) - Indonesian lawmakers on Friday approved the government's plan to top up Garuda Indonesia's capital by 7.5 tri.

Asiamoney Allo! Indonesia s Tanjung ushers in change

Fresh from the success of listing Allo Bank in Jakarta, Indonesian billionaire Chairul Tanjung speaks to Asiamoney about his vision for the digital lender, and how to keep an eye out for the next big thing.

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