ID Digest: WeWork Indonesia not hit by US turmoil; Coal miner Petrindo Jaya Kreasi to buy stake in Petrosea

ID Digest: WeWork Indonesia not hit by US turmoil; Coal miner Petrindo Jaya Kreasi to buy stake in Petrosea

Photo was taken from WeWork Indonesia website

Indonesia and Southeast Asia remain key markets for WeWork, said a spokesperson for the co-working space operator, which has filed for bankruptcy in the US. In an unrelated development, Petrindo Jaya Kreasi, a coal mining firm owned by the billionaire Prajogo Pangestu, plans to buy a 34% stake in the mining company Petrosea.

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