Chandra G. Asmara

4 days ago | bloomberg.com | Chandra G. Asmara |Norman Harsono

A PT Garuda Indonesia aircraft inside a hangar at Soekarno-Hatta International Airport in Cengkareng, Indonesia. (Bloomberg) -- Indonesian sovereign wealth fund Danantara will extend a $405 million loan to PT Garuda Indonesia to help the distressed flag carrier turn around finances and expand its fleet in the coming years.

1 week ago | financialpost.com | Chandra G. Asmara |Henry Meyer

Advertisement 1Indonesian President Prabowo Subianto pledged to strengthen relations with Russia at a meeting with his Russian counterpart Vladimir Putin. Article content(Bloomberg) — Indonesian President Prabowo Subianto pledged to strengthen relations with Russia at a meeting with his Russian counterpart Vladimir Putin.

1 week ago | bloomberg.com | Chandra G. Asmara |Henry Meyer

Vladimir Putin, right, and Prabowo Subianto in St. Petersburg on June 19, in a photo released by Russian state media. (Bloomberg) -- Indonesian President Prabowo Subianto pledged to strengthen relations with Russia at a meeting with his Russian counterpart Vladimir Putin. The partnership between the two nations is developing “extremely actively,” he said in St. Petersburg at the start of their talks on Thursday.

1 week ago | bloomberg.com | Grace Marnida Sihombing |Chandra G. Asmara

Filianingsih Hendarta(Bloomberg) -- A Bank Indonesia deputy governor will testify this week as a witness in a graft case related to the use of corporate social responsibility funds. Deputy Governor Filianingsih Hendarta is expected to testify as a witness in the case on Thursday, Indonesian antigraft agency Chairman Setyo Budiyanto said in a text message on Wednesday. Local media reported earlier in the day that Hendarta had been officially summoned by the agency.

2 weeks ago | bloomberg.com | Chandra G. Asmara

A KF-21 fighter jet model at the Responsible AI in the Military Domain summit in Seoul on Sept. 10. (Bloomberg) -- Indonesian and South Korean officials have signed a revised deal that significantly lowers Jakarta’s financial commitment to the joint KF-21 fighter jet program, a move aimed at reviving long-stalled progress on the multibillion-dollar project.