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Search result with “Kereta Api Indonesia Kai” as a keyword founded 57 news.
KAI Says Extending Whoosh Train to Banyuwangi Isn’t A Pipe Dream
Jakarta. State-run railway operator Kereta Api Indonesia, or KAI, said Wednesday that the company ... the Whoosh train is the Kereta Cepat Indonesia China (KCIC), a joint ... Sinergi BUMN Indonesia (PSBI), which encompasses four state-run enterprises. KAI holds ...Business Nov 12, 2025 | 3:58 pm
KPK: President’s Support for Whoosh Doesn’t Interfere With Corruption Investigation
... recent YouTube video that Indonesia’s cost per kilometer for ... US$52 million in Indonesia versus $17–18 million ... According to Prabowo’s estimates, Indonesia has to pay Rp 1.2 ... assured the state railway operator Kereta Api Indonesia (KAI) -- the biggest bearer ...News Nov 6, 2025 | 9:06 pm
Prabowo Says He'll Take Responsibility for Mounting China Train Debt
... assured the state railway operator Kereta Api Indonesia (KAI) -- the biggest bearer of the ... international headlines. Prabowo claimed that Indonesia had enough cash at its ... shareholder in Pilar Sinergi BUMN Indonesia (PSBI). This is a local consortium ...Business Nov 4, 2025 | 3:21 pm
Prabowo Greenlights 30 Trainsets to Ease Passenger Congestion in Greater Jakarta
... by state-owned railway operator Kereta Api Indonesia (KAI). The president announced his ... Prabowo also praised KAI’s ongoing modernization efforts, saying Indonesia’s commuter trains ... determination, the world will respect Indonesia,” he said. In a broader ...News Nov 4, 2025 | 1:24 pm
Prabowo Summons Chief Minister AHY and Former Minister Jonan to Discuss Whoosh Debt
... , which is operated by the Kereta Cepat Indonesia China (KCIC) consortium. He ... started in October 2023. Separately, Kereta Api Indonesia (KAI) President Director Bobby Rasyidin said ...News Nov 3, 2025 | 8:16 pm
Whoosh High-Speed Rail Ridership Rises 6.3% in 2025
... travelers between Jakarta and Bandung. Kereta Cepat Indonesia China (KCIC), the operator ... Indonesian state-owned firms under Kereta Api Indonesia (KAI) and Chinese partners, has ... government finances. Read More: Indonesia Plans Debt Renegotiation With China ...News Oct 30, 2025 | 2:11 pm
KPK Reviews Graft Allegations in Whoosh Train Project
... The operator of the project, Kereta Cepat Indonesia China (KCIC), said it ... Indonesian state-owned firms under Kereta Api Indonesia (KAI) and Chinese partners, has faced ... restructure the project’s debt gradually. Indonesia financed 75 percent of Whoosh ...News Oct 29, 2025 | 11:56 am
Jokowi Justifies Costly Whoosh Train as Long-Term Public Benefit
... debt structure and financial viability. Indonesia is currently repaying loans to ... between 2021 and 2023. The Kereta Cepat Indonesia China (KCIC) consortium operates ... companies led by railway operator Kereta Api Indonesia (KAI), with the remaining 40 percent ...News Oct 27, 2025 | 4:03 pm
Danantara Says China Train Debt Talks Still Ongoing as Luhut Claims 60-Year Term Deal
... More: KAI Chief Warns of Financial 'Time Bomb' in Indonesia’s First High ... -Speed Rail According to him, Indonesia has established a negotiating team comprising ... Chinese businesses. State railway operator Kereta Api Indonesia (KAI) holds a 58.53 percent stake ...Business Oct 23, 2025 | 7:30 pm
PLN, KAI Ink MoU on Railway Electrification
... provider PLN and railway operator Kereta Api Indonesia (KAI), inked Monday a memorandum of ... routes in various regions of Indonesia. Transportation Minister Dudy Purwagandhi ... transportation infrastructure as well as Indonesia's net-zero emission target. ...Special Updates Oct 22, 2025 | 8:28 pm
KPK Invites Citizens to Report Possible Whoosh Corruption
... debt gradually. Whoosh operator Kereta Api Indonesia (KAI) reported losses from its joint ... “Jokowi” Widodo’s administration, including Indonesia’s rejection of a Japanese loan ... commercially in 2023, the Kereta Cepat Indonesia China (KCIC) consortium carries ...News Oct 22, 2025 | 3:56 pm
Indonesia to Decide on Solution to China Train Debt by End-2025
... a price tag of $7.3 billion, and Indonesia mainly relied on Chinese loans ... by Chinese businesses. Railway operator Kereta Api Indonesia (KAI) is the majority shareholder within ... explained in Jakarta on Thursday. Indonesia had borrowed money from the ...Business Oct 17, 2025 | 1:19 pm
Luhut Stands by Whoosh Project as Danantara Faces Pressure to Repay China Debt
... scrutiny as state railway operator Kereta Api Indonesia (KAI) struggles with losses from the ... the rate to 3.4 percent. The Kereta Cepat Indonesia China (KCIC) consortium --led ... the limits of Indonesia’s infrastructure ambitions. Read More: Indonesia Won’t Use ...Business Oct 16, 2025 | 9:32 pm
Purbaya Says High-Speed Rail Debt to China Is Danantara’s Responsibility
... government and is operated by Kereta Cepat Indonesia China (KCIC), a joint ... line remains a centerpiece of Indonesia’s infrastructure modernization effort and a ... problems: injecting fresh equity into Kereta Api Indonesia (KAI), KCIC’s largest shareholder, or ...Business Oct 10, 2025 | 8:05 pm
Indonesia Weighs Two Options to Settle High-Speed Rail Debt with China
... 2023 and is managed by Kereta Cepat Indonesia China (KCIC). The joint ... Oskaria, Chief Operating Officer of Indonesia\'s sovereign wealth fund Danantara, speaks ... first half of 2025, with Kereta Api Indonesia (KAI) -- its largest shareholder -- absorbing Rp ...Business Oct 10, 2025 | 11:12 am
Indonesia in Talks with China on High-Speed Train Hefty Debt
... train megaproject. In October 2023, Indonesia launched Southeast Asia’s first high ... Beijing Yawan HSR. Railway operator Kereta Api Indonesia holds the majority stake in ... funds. Whoosh has put Kereta Api Indonesia, also known as KAI, under financial stress ...Business Oct 8, 2025 | 10:12 pm
Market Braces as Danantara Takes Operational Control of SOEs Holding 20% of IDX
... investor protection. Read More: Indonesia Dissolves SOEs Ministry, Hands Control ... public offering of railway operator Kereta Api Indonesia (KAI), which could become one of ... Financial Services Authority (OJK), Bank Indonesia, or the Finance Ministry. ...Business Sep 29, 2025 | 8:14 pm
Indonesia Plans Debt Renegotiation With China Over Whoosh Line
... burden for state railway operator Kereta Api Indonesia (KAI). “Whoosh will have a (debt) renegotiation ... -owned enterprises: KAI, Pelayaran Indonesia (Pelni), and train manufacturer Industri Kereta Api (Inka). Erick ...Business Sep 16, 2025 | 12:48 pm
Danantara Steps In as Whoosh Train Saves Time but Bleeds Cash
... . Discussions are already underway with Kereta Api Indonesia (KAI), the state railway operator and ... in Kereta Cepat Indonesia–China (KCIC), the joint venture running the project. KAI ... Sinergi BUMN Indonesia (PSBI) controls 60 percent, split among KAI (58.5 ...Business Aug 22, 2025 | 7:32 pm
Backlash as Politician Pushes for Smoking Cars on Indonesia’s Trains
... that state-owned railway operator Kereta Api Indonesia (KAI) consider designating smoking areas on ... tough stance on tobacco alternatives. Indonesia’s Ambassador to Singapore, Suryopratomo, ... he said. Health advocates in Indonesia have long pushed for tighter ...News Aug 22, 2025 | 2:46 pm
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