TBI’s Troubled Finances (Case Study #2) TBI Kuningan
Towards the end of 2011 the owners of Menara Kuningan contacted TBI and told them that there would be a massive rent increase for 2012. They would have to pay a whopping Rp 700.000.000 rupiah more for the premises in 2012 than they had in 2011. For those not used to Indonesian rupiah, this amounted…