Is Black Gold Still Gold? Restructuring Coal Mining Sector in Indonesia has been saved
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Is Black Gold Still Gold? Restructuring Coal Mining Sector in Indonesia
The article discusses debt restructuring as a viable option for Indonesia's coal mining companies to consider.
Amidst the possibility of prolonged economic downturn, Indonesia’s coal mining industry faces the challenge of a long-term decline in the demand for coal. With the existence of combined external pressures that might lead to a crisis for a company, intervention will be needed to avoid undesirable scenario of a default or a collapse. In this article, we explores debt restructuring process as an alternative solution for coal mining companies to not only survive during this pandemic but also to thrive in the future.
Is Black Gold Still Gold? Restructuring Coal Mining Sector in Indonesia
