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S&P cautions on worsening balance sheets at Indonesian state firms

  • Wed, 14 Mar 2018 06:50

Standard & Poor's Global Ratings highlighted on Tuesday a deterioration in the balance sheets at Indonesian state-owned enterprises involved in a government-led infrastructure push in Southeast Asia's biggest economy. A man stands near a collapsed girder pole on the construction site of the Bekasi-Cawang toll overpass in Jakarta, Indonesia February 20, 2018 in this photo taken by Antara Foto.

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