John Riady, chief executive officer at PT Lippo Karawaci. Photo: Bloomberg

How Indonesia’s Lippo empire fought back from the brink after being crippled by debt

  • Since John Riady became chief executive officer in March, Lippo shares have surged 37 per cent while its dollar bonds have also rallied
  • Optimism has been spurred by rising demand for homes in Indonesia, the world’s fourth-most populous nation
Topic |   Indonesia

TOP PICKS

John Riady, chief executive officer at PT Lippo Karawaci. Photo: Bloomberg
READ FULL ARTICLE