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Search result with “Indonesia China Debt” as a keyword founded 160 news.

Whoosh High-Speed Rail Ridership Rises 6.3% in 2025

... Jakarta and Bandung. Kereta Cepat Indonesia China (KCIC), the operator of the ... Indonesia (KAI) and Chinese partners, has faced cost overruns and mounting debt ... government finances. Read More: Indonesia Plans Debt Renegotiation With China Over Whoosh Line
News Oct 30, 2025 | 2:11 pm

Rupiah Seen Rebounding as Market Awaits Fed Rate Cut Decision

... Investment Information, Inc. (R&I) reaffirmed Indonesia’s sovereign credit rating at BBB ... cited stable inflation, a low debt ratio, and prudent fiscal and ... 2025, in line with Bank Indonesia’s projection. Read More: ... as Markets Eye US-China Talks, Fed Decision
Business Oct 29, 2025 | 4:46 pm

KPK Reviews Graft Allegations in Whoosh Train Project

... the project, Kereta Cepat Indonesia China (KCIC), said it would ... debt. KAI reported that its interest payments to China ... restructure the project’s debt gradually. Indonesia financed 75 percent of ... cost overruns and mounting debt could strain the government’s ...
News Oct 29, 2025 | 11:56 am

Purbaya Backs Jokowi’s View on Whoosh Project Benefits

... operated by the Kereta Cepat Indonesia China (KCIC) consortium, connects Jakarta and ... project’s debt load after years of cost overruns and delays. Indonesia currently ... . Read More: Danantara Says China Train Debt Talks Still Ongoing as Luhut ...
News Oct 29, 2025 | 11:11 am

Indonesia’s Public Debt Tops $550 Billion but Remains Safe, Says Finance Minister

... that the country’s public debt of Rp 9,138 trillion ... Jakarta. Purbaya added that Indonesia’s fiscal deficit is also ... Indonesia Weighs Two Options to Settle High-Speed Rail Debt with China ... to Finance Ministry data, Indonesia’s total debt as of June 2025 ...
Business Oct 28, 2025 | 10:15 pm

Jokowi Justifies Costly Whoosh Train as Long-Term Public Benefit

... ’s debt structure and financial viability. Indonesia is currently repaying loans to China’s state ... and 2023. The Kereta Cepat Indonesia China (KCIC) consortium operates Whoosh. It ... .” Read More: Indonesia to Decide on Solution to China Train Debt by End ...
News Oct 27, 2025 | 4:03 pm

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

Jakarta. China’s ambassador to Indonesia Wang Lutong said he understands ... said. Read More: Indonesia Plans Debt Renegotiation With China Over Whoosh Line According ... -owned enterprises (SOEs) from Indonesia and China. Since Indonesian SOEs are now ...
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 ongoing ... used to pay off the debt]. We will decide on the ... burden. Indonesia had taken out loans from the government-owned China Development ...
Business Oct 23, 2025 | 7:30 pm

KPK Invites Citizens to Report Possible Whoosh Corruption

... Indonesia to Decide on Solution to China Train Debt by ... Indonesia (KAI) reported losses from its joint venture with China, with debt ... , the Kereta Cepat Indonesia China (KCIC) consortium carries ... Indonesia Won’t Use State Funds to Pay Bullet Train Debt to China ...
News Oct 22, 2025 | 3:56 pm

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

... .” Indonesia has entered talks with the Chinese government on the debt restructuring ... ink a presidential decree on the debt, according to his senior economic ... Thursday. Indonesia had borrowed money from the government-owned China Development Bank ...
Business Oct 17, 2025 | 1:19 pm

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

... repayments. Indonesia financed 75 percent of the project through a China Development Bank ... to 3.4 percent. The Kereta Cepat Indonesia China (KCIC) consortium --led by Indonesian ... More: Indonesia Won’t Use State Funds to Pay Bullet Train Debt to China
Business Oct 16, 2025 | 9:32 pm

Danantara's Dividends to Reach $10 Billion in Five Years: CEO Rosan

Jakarta. Indonesia’s sovereign wealth fund Danantara ... working on possibly merging Garuda Indonesia and Pertamina’s airline subsidiary ... also claimed that investors from China, South Korea, and even ... Best Way to Settle China Train Debt, No Talks with Purbaya ...
Business Oct 14, 2025 | 9:38 pm

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

... the huge bullet train debt owed to China. Rosan admitted that ... get rid of the China train debt, while adding that ... shoulder the multi-billion-dollar debt, Rosan slammed the minister’s ... Indonesia had used the loans from the government-owned China Development ...
Business Oct 14, 2025 | 5:01 pm

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

... funds to repay Indonesia’s high-speed train debt to China, according to State ... Secretary Prasetyo Hadi. Indonesia is ... : Indonesia Weighs Two Options to Settle High-Speed Rail Debt with China Danantara ...
Business Oct 13, 2025 | 11:08 am

Purbaya Says High-Speed Rail Debt to China Is Danantara’s Responsibility

... speed rail project’s debt to China, saying the ... operated by Kereta Cepat Indonesia China (KCIC), a joint ... Indonesia Weighs Two Options to Settle High-Speed Rail Debt with China ... remains a centerpiece of Indonesia’s infrastructure modernization effort and ...
Business Oct 10, 2025 | 8:05 pm

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

Jakarta. Indonesia is weighing two strategic options to resolve outstanding debt from its ... is managed by Kereta Cepat Indonesia China (KCIC). The joint venture is ... More: Indonesia in Talks with China on High-Speed Train Hefty Debt Danantara ...
Business Oct 10, 2025 | 11:12 am

Airlangga Says Indonesia Outpaces G20 Peers Despite Global Headwinds

... still behind India (7.8 percent) and China (5.2 percent). The upbeat performance is ... signaling rising investor confidence in Indonesia’s capital market. Investment realization also ... 6.2 months of imports, while public debt remains relatively low and inflation ...
Business Oct 9, 2025 | 2:33 pm

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

... that Indonesia had begun official talks with China for a debt restructuring ... . In October 2023, Indonesia launched Southeast Asia’s first ... side Pilar Sinergi BUMN Indonesia (PSBI) owns 60 percent ... Railway operator Kereta Api Indonesia holds the majority stake ...
Business Oct 8, 2025 | 10:12 pm

Jakarta Stocks Open Higher as World Bank Lifts Indonesia Growth Outlook

... World Bank raised its Indonesia 2025 growth forecast to ... 4.8 percent YoY. Meanwhile, Indonesia’s foreign exchange reserves fell to ... was due to government debt repayments and rupiah stabilization ... ,900. South Korea and China remain closed for national holidays ...
Business Oct 8, 2025 | 9:09 am

Conglomerate Stocks Shield Jakarta Market from Global Risks

... JCI was supported by Indonesia’s solid external fundamentals, ... imports and government foreign debt payments. “Despite declining from ... Korea Investment and Sekuritas Indonesia, conglomerate shares tend to ... fiscal support. Markets in China and South Korea were ...
Business Oct 7, 2025 | 4:07 pm
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