Indonesian sovereign wealth fund Danantara’s growing momentum in state-firm restructuring is putting fresh focus on its $1.4bn bet on PT Garuda Indonesia, a key test of its ability to revive other ...
Garuda Indonesia is seeking as much as $1.4 billion capital injection from the country’s sovereign wealth fund, Danantara Indonesia, to support the turnaround of the cash-strapped flag carrier. Under ...
An official rides a bicycle as he passes Garuda Indonesia's Boeing 737 Max 8 airplane, parked at the Garuda Maintenance Facility AeroAsia, at Soekarno-Hatta International airport near Jakarta, ...