TEMPO.CO, Jakarta - Minister of Finance Purbaya Yudhi Sadewa has confirmed that discussions concerning the debt restructuring of PT Kereta Cepat Indonesia China (KCIC), the operator of the ...

TEMPO.CO, Jakarta - Finance Minister Purbaya Yudhi Sadewa has confirmed that there is no official decision yet regarding the mechanism for handling the substantial debt of the Jakarta-Bandung ...

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed! inance Minister Purbaya ...

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed! he government has ...

Indonesia is pushing back against calls to tap the state budget to cover mounting debt from its China-backed high-speed railway, while Beijing has signalled it is open to repayment restructuring talks ...

Indonesian Finance Minister Purbaya Yudhi Sadewa confirmed that the government has devised a definitive policy to settle the Chinese debt tied to the Whoosh ...

JAKARTA: Indonesia will draw from state coffers to repay China for the archipelago’s Whoosh high-speed rail (HSR) project, its government said. "Yes, the payment of Whoosh debt will be using the state ...

FILE PHOTO: Passengers taking a picture with the Jakarta-Bandung high-speed train 'Whoosh', after the inauguration at the Halim station in Jakarta in October 2023. — AFP JAKARTA: The government has ...

JAKARTA: Indonesia’s Corruption Eradication Commission (KPK) is probing the country’s Whoosh high-speed rail (HSR) project. The 142km line from Jakarta to Bandung, Southeast Asia’s first HSR, began ...