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Bad Loans at Normal Times

Monday, 1 August 2022

Business actors are requesting for an extension of the banking credit restructuring policy, which will end in March next year. Their businesses have not recovered, their loan payments could be challenging.

Foreign tourists enjoy a meal with a view at Labuan Bajo, West Manggarai Regency, East Nusa Tenggara, July 23. ANTARA FOTO/Indrianto Eko Suwarso . tempo : 166454293957

THE easing on public activity restrictions since the start of the year has been less than impactful for hotel and restaurant businesses. Instead of enjoying regrowth in finances from the return of visitors, they have received bad credit scores from banks they owe money to.  

Maulana Yusran, the boss of Tirapah Bysra Management—the company that manages the Hangtuah Hotel in Padang—said that mobility relaxations have not boos

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