maaf email atau password anda salah

Lessons from Krakatau Steel

Tuesday, February 4, 2020

Long saddled with huge liabilities, the state-owned steel producer has restructured its mountain of debt. This is a lesson for other state-owned enterprises.

arsip tempo : 173244263060.

Lessons from Krakatau Steel/Tempo. tempo : 173244263060.

THE government should learn a lesson from the restructuring of the huge debts of Krakatau Steel. The steel producer can now breathe more easily—at least for the time being. Repayment of debts totaling US$2.2 billion, or around Rp27 trillion, from 10 state, private and foreign banks has now been delayed until 2027. The total debt burden has been reduced from US$847 million to US$466 million. As a result, for the first time in eight years, th

...

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

Rp 64.380/Month

Active Every Month Cancel Anytime

  • *Free for the first month if using a Credit Card

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.

More Articles

  • Tempo English Tuesday, February 4, 2020

  • Tempo English Tuesday, February 4, 2020

  • Tempo English Tuesday, February 4, 2020

  • Tempo English Tuesday, February 4, 2020

More exclusive contents

  • November 18, 2024

  • November 11, 2024

  • November 4, 2024

  • October 28, 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.

Login Subscribe