Pos Indonesia to raise $75.2m via bonds to expand logistics business

Pos Indonesia to raise $75.2m via bonds to expand logistics business

President Director PT Pos Indonesia Gilarsih Setijono - Photo by Vincencia NLS

Indonesia state-owned postal operator PT Pos Indonesia is planning to raise Rp1 trillion ($75.2 million) in rupiah bonds this year, the proceeds of which will be used to expand its logistics service to support the growing e-commerce industry.

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