BEING appointed the president director of a company that has debt arrears amounting to US$13.9 billion has not in any way reduced the self-confidence of Teguh Ganda Widjaja. His voice was steady as he gave a welcoming speech at the signing of the summary of key terms for restructuring the debts of Asia Pulp & Paper (APP) in Indonesia, on Tuesday last week.

The agreement was signed by Teguh and two of his younger brothers, Frankie Widjaja and Indr