Economics
Indonesia’s New Worry Is Its Debt-Saddled State-Owned Businesses
- Virus is an added challenge for sector with soaring debt load
- President has made reform of SOE sector a focus of second term
A near-empty road runs through the central business district in Jakarta, April 1.
Photographer: Dimas Ardian/BloombergThis article is for subscribers only.
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The coronavirus crisis is creating a new threat for Indonesia’s debt-laden state-owned businesses.