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Lippo Karawaci’s Alleged Bribery is Credit Negative, Moody’s Said

JAKARTA (TheInsiderStories) - On Oct. 15, Indonesia's (Baa2 stable) Corruption Eradication Commission arrested Lippo Group executives for alleged bribery relating to the issuance of property...

Two Years Fugitive, Eddy Sindoro Surrenders to Anti-graft Agency

JAKARTA (TheInsiderStories) - Ex-Commissioner of Lippo Group, Eddy Sindoro, finally sent himself to Indonesia's Corruption Eradication Commission (CEC) on Friday (12/10) evening, after 2 years escaping. CEC's...

Garuda Indonesia Sues UK’s Roll Royces for US$44M

JAKARTA (TheInsiderStories) - The country's flight carrier PT Garuda Indonesia Tbk (IDX: GIAA) sued Rolls Royce PLC and Rolls Royce Total Care Services Limited,...