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Moody’s Downgrades Indonesia’s Companies Amid COVID-19

JAKARTA (TheInsiderStories) - Moody's Investors Service has downgraded corporate family rating (CFR) of three Indonesian companies followed the COVID-19 impacts. The agency cuts property developer PT Agung...

Gajah Tunggal, Japan’s IRC Set Up Tyre Plant in Indonesia

JAKARTA (TheInsiderStories)--Indonesian tyre producer, PT Gajah Tunggal Tbk (IDX: GJTL) partnering with Inoue Rubber Co., Ltd. (IRC), a subsidiary of Japan’s Inoac Corporation set...