Chasing after Raja Garuda - Economy - magz.tempo.co

maaf email atau password anda salah

RGM Group

Chasing after Raja Garuda

Tuesday, April 18, 2006

Global pulp and paper prices have shot up. Both Bank Mandiri and BNI are now putting pressure on Sukanto Tanoto to get him to increase his debt repayments.

. tempo : 172848016719.

WHENEVER global paper and paper pulp prices start to rise, the managements of several Indonesian banks start paying very close attention indeed. This is particularly the case as far as the Raja Garuda Mas (RGM) Group, one of the major pulp and paper producers in the world, is concerned. This is because this group, which is led by Sukanto Tanoto, has a giant pile of debts with a syndication of national banks. The total debts amount to around US$1.

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

*You Save -Rp 102.000
*Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

*Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed?
To receive daily news by Email,

More Articles

Events

Tempo English Tuesday, April 18, 2006
Events

Tempo English Tuesday, April 18, 2006
Events

Tempo English Tuesday, April 18, 2006
Events

Tempo English Tuesday, April 18, 2006

More exclusive contents

October 7, 2024
September 30, 2024
September 23, 2024
September 16, 2024

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.