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Search result with “China Development Bank” as a keyword founded 172 news.

China’s Envoy Says Whoosh Project Will Need Years Before Turning Profit

... Plans Debt Renegotiation With China Over Whoosh Line According to ... came from a loan by the China Development Bank (CDB), carrying a 2 percent ... (SOEs) from Indonesia and China. Since Indonesian SOEs are now ... would soon travel to China to seek revised loan ...
Business Oct 23, 2025 | 11:56 pm

Danantara Says China Train Debt Talks Still Ongoing as Luhut Claims 60-Year Term Deal

... Danantara said Thursday that the China train debt talks were still ... , which will soon travel to China for another round of talks ... loans from the government-owned China Development Bank to cover 75 percent of ...
Business Oct 23, 2025 | 7:30 pm

KPK Invites Citizens to Report Possible Whoosh Corruption

... its joint venture with China, with debt payments exceeding ... Rp 2 trillion annually to China to cover interest payments, ... percent of Whoosh through a China Development Bank loan at 2 percent over ... , the Kereta Cepat Indonesia China (KCIC) consortium carries 20 ...
News Oct 22, 2025 | 3:56 pm

From Free Meals to UN Debut: Prabowo Marks First Year in Office

... this year when the China-led BRICS officially brought ... at the BRICS-sponsored New Development Bank (NDB), a multinational lender ... BRICS encompasses Brazil, Russia, India, China, South Africa, Iran, Egypt, ... funds once parked at Bank Indonesia to state lenders ...
News Oct 20, 2025 | 1:45 pm

Indonesia to Decide on Solution to China Train Debt by End-2025

... country's hefty train debt to China by the end of 2025 ... Beijing. The BRI initiative saw China making colossal infrastructure investments worldwide ... money from the government-owned China Development Bank to cover 75 percent of ...
Business Oct 17, 2025 | 1:19 pm

Luhut Stands by Whoosh Project as Danantara Faces Pressure to Repay China Debt

... -interest offer of 0.1 percent for China’s 2 percent proposal, which later rose ... percent of the project through a China Development Bank loan, with a fixed interest rate ... 3.4 percent. The Kereta Cepat Indonesia China (KCIC) consortium --led by Indonesian ...
Business Oct 16, 2025 | 9:32 pm

Danantara Still Searching for Best Way to Settle China Train Debt, No Talks with Purbaya Yet

... bullet train debt owed to China. Rosan admitted that Danantara had ... to get rid of the China train debt, while adding ... loans from the government-owned China Development Bank to cover 75 percent of ... via the PSBI consortium, while China’s Beijing Yawan HSR gets ...
Business Oct 14, 2025 | 5:01 pm

Indonesia Won’t Use State Funds to Pay Bullet Train Debt to China

... high-speed train debt to China, according to State Secretary ... Speed Rail Debt to China Is Danantara’s Responsibility Despite ... entity. The government-owned China Development Bank covered 75 percent of ... bill. According to media reports, China had set a 2 percent ...
Business Oct 13, 2025 | 11:08 am

Indonesia Readies Fund to Join BRICS-Sponsored Bank

... in the BRICS-sponsored New Development Bank, according to a senior minister, as ... Subianto, Indonesia's relations with BRICS -- a China-led bloc of emerging economies ... minister said. Brazil, Russia, India, China, and South Africa -- the countries ...
Business Oct 11, 2025 | 4:04 pm

Indonesia Weighs Two Options to Settle High-Speed Rail Debt with China

... by Kereta Cepat Indonesia China (KCIC). The joint ... through loans from the China Development Bank, with total costs ballooning ... KCIC comprises China Railway International Co. Ltd., China Railway ... CRRC Corp Ltd., and China Railway Signal and Communication Corp ...
Business Oct 10, 2025 | 11:12 am

Finance Minister Purbaya Sees 6% Growth as Key to Breaking Indonesia’s Middle-Income Trap

... pillars: strong economic expansion, equitable development, and dynamic national stability. “President ... such as Singapore, South Korea, China, Japan, Taiwan, the United States ... community. Read More: Rp 200t Bank Fund Absorption Reaches 56%, Purbaya ...
Business Oct 10, 2025 | 12:28 am

Indonesia in Talks with China on High-Speed Train Hefty Debt

... begun official talks with China for a debt restructuring ... minutes. The government-owned China Development Bank covered 75 percent of ... . Media reports showed that China had set a 2 percent ... to a $1.2 billion budget overrun. China is charging a 3.4 percent annual ...
Business Oct 8, 2025 | 10:12 pm

Indonesia Has No Cards to Negotiate with Trump Alone: Chinese Economist 

... nations: China, South Korea, and Japan. The former World Bank chief ... economist compared Jakarta's situation with China, which he ... through procedure simplification and infrastructure development. The Central Statistics Agency (BPS ...
Business Oct 8, 2025 | 6:41 pm

Indonesia Plans Debt Renegotiation With China Over Whoosh Line

... percent through loans from the China Development Bank. The initial borrowing carried a 2 percent ...
Business Sep 16, 2025 | 12:48 pm

Indonesia’s Economy 2025–2026 Amid Global Storms: Time for a Serious Overhaul

... Second, investment and infrastructure development provide multiplier effects. Toll ... partners is also real. China’s weakening growth threatens ... The OECD and World Bank project Indonesia’s growth at ... renewable energy and accelerated development of data centers ...
Opinion Aug 25, 2025 | 8:00 am

Danantara Steps In as Whoosh Train Saves Time but Bleeds Cash

... shareholder in Kereta Cepat Indonesia–China (KCIC), the joint venture ... percent through loans from the China Development Bank. The initial borrowing carried a ... HSR, a Chinese consortium led by China Railway International. Shareholders were responsible ...
Business Aug 22, 2025 | 7:32 pm

Indonesia, China to Launch Cross-Border QRIS Payment by End-2025

... multiple stakeholders, including Bank Indonesia, the People’s Bank of China (PBoC), the Indonesian ... requires MoUs, industry agreements, interlink development, sandboxing, and then implementation,” Filianingsih ...
Business Aug 21, 2025 | 10:00 am

KAI Chief Warns of Financial 'Time Bomb' in Indonesia’s First High-Speed Rail 

... managed by Kereta Cepat Indonesia–China (KCIC), a joint venture ... through loans from the China Development Bank. Its budget has ... KCIC includes China Railway International Co. Ltd., China Railway ... CRRC Corp Ltd., and China Railway Signal and Communication Corp ...
Business Aug 21, 2025 | 3:27 am

Indonesia’s Middle Class Is Shrinking and With It, the Engine of Growth

... Pardede, chief economist at Permata Bank. He suggests temporary tax breaks ... trade wars between America and China, conflict in the Middle East ... Astuti of the Institute for Development of Economics and Finance (Indef ...
Business Aug 19, 2025 | 10:17 am

Vietnam Wants to Be the Next Asian Tiger And It’s Overhauling Its Economy to Make It Happen

... of “a new era of development” late last year. The ... . Vietnam's Game Plan Following China's lead, Vietnam is counting ... Yusof Ishak Institute. Again emulating China, Vietnam wants “national champions” ... , according to the World Bank. Meanwhile, Vietnam is growing ...
News Aug 14, 2025 | 5:51 am
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