Indonesia Investments updated the company profile of Bumi Resources, a leading Indonesian natural resources group focused primarily on coal mining. The company is Indonesia's largest coal miner by production volume and the world's largest thermal coal exporter. However, due to weak global demand and weak corporate management, the company is at risk of default in the near future due to maturity of its debts. Moody’s has downgraded Bumi’s corporate rating from Caa1 to Ca.
Update COVID-19 in Indonesia: 4,223,094 confirmed infections, 142,413 deaths (06 October 2021)
08 October 2021 (closed)
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