Global credit rating agency Moody's Investors Service may cut the credit rating of Indonesia-based property company Lippo Karawaci. Main reason for the cut would be the delay in the property firm's release of its full-year 2017 financial report as well as a high amount of foreign-denominated debt and concern about the company's liquidity. It is the third time since last year that Lippo Karawaci delayed the publication of its financial report.
Update COVID-19 in Indonesia: 1,769,940 confirmed infections, 49,205 deaths (22 May 2021)
7 June 2021 (closed)
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