Tag
Waskita Karya
How the Indonesia Investment Authority Built Its Portfolio in 2023
By James Guild
Three years after its establishment, the purpose of the state-run investment fund is starting to come into focus.
Why Indonesia’s Waskita Karya Can’t Pay Its Debts
By James Guild
The state-owned construction firm has crumbled under a heavy load of bond obligations, but the risk of economic contagion is low.
Are Indonesia’s State-Owned Construction Companies in Trouble?
By James Guild
The recent financial struggles of Waskita Karya raise questions about the sector's reliance on short-term debt.
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