Troubled Indonesian state-owned builder PT Wijaya Karya failed to repay the outstanding principals of two rupiah-denominated notes, a fresh signal that the country’s construction sector is still reeling from the financial consequences of a decade-long infrastructure push.
Indonesian Builder Misses Payment on $61 Million Note, Sukuk
Related Posts
Once a rebel, always a rebel? Congress’s Tharoor dilemma – from Kharge challenger to PM Modi’s ‘global envoy’
Shashi Tharoor, a prominent figure in the Congress party, has often challenged the party’s high command, advocating for internal reforms and questioning his role within the organization. His actions, including…
Read more‘Your love and God’s grace kept me safe’: Tejashwi Yadav reacts after convoy accident; sister alleges conspiracy
RJD leader Tejashwi Yadav escaped unharmed after his convoy was hit by an uncontrolled truck and car in Vaishali district. Three security personnel were injured and hospitalized in Patna. Yadav…
Read more