Garuda Indonesia's Rights Issue Faces Public Absorption Risks
State-owned airline PT Garuda Indonesia Tbk (GIAA) faces risks in absorbing public funds through its third rights issue. A significant portion of the capital increase involves asset contributions (inbreng) rather than cash, potentially impacting the company's future shareholder composition and free float.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Eastern Indonesia Coalition Urges Protection of Indigenous Territories Amidst Extractive Expansion and Climate Crisis
A coalition from Eastern Indonesia is urging the government to protect indigenous territories and forests and halt the expansion of extractive industries, citing the severe impacts of climate change and massive nickel mining operations. They criticize development policies for treating the region as an object of exploitation.
- Indonesia Simplifies Access to Population Services with Electronic Resident Card App
Indonesia's Ministry of Home Affairs announced that the introduction of the Electronic Resident Card (IKD) application will significantly simplify citizens' access to population services. The app functions as a digital identity, aiming to streamline administrative procedures.
- List of 'Anugerah Penggerak Nusantara 2026' Awardees Released
The list of recipients for the 'Anugerah Penggerak Nusantara 2026' award, which honors contributors to national development in Indonesia, has been released. This award is presented to individuals and organizations who have achieved remarkable accomplishments in their respective fields.
- UGM Campus Area Allegedly Hit by Tear Gas, Komnas HAM Investigates Scene
Indonesia's National Human Rights Commission (Komnas HAM) is investigating allegations of tear gas being deployed near Gadjah Mada University (UGM) in Yogyakarta, in connection with recent unrest. The commission aims to identify whether security forces entered the campus and the origin of tear gas and water cannon use that allegedly affected university grounds.