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Search result with “Whoosh Debt Restructuring” as a keyword founded 18 news.

Indonesia Finalizes Restructuring Plan for China Train Debt

... debt restructuring plan for the China-backed Jakarta-Bandung bullet train or “Whoosh ... ”. Indonesia has been trying to solve the debt problem ... is in charge of Whoosh’s biggest financial stress bearer ... to Repay $7 Billion Whoosh High-Speed Rail Debt
News Apr 8, 2026 | 9:16 am

Ignasius Jonan Steps Down as President Commissioner of Anabatic

... , tighter operational controls, and financial restructuring. Anabatic also recorded consistent performance ... Former Minister Jonan to Discuss Whoosh Debt “It has been an honor ...
Tech Mar 29, 2026 | 4:58 am

Danantara Aims to Complete Whoosh Debt Restructuring by Mid-2026

... complete the restructuring of debt tied to the Whoosh High-Speed ... the restructuring effort is to improve the debt structure ... Not Cleared State Funds for Whoosh Debt Repayment, Purbaya Says A ... to resolve the Whoosh project’s debt obligations. Finance Minister ...
News Mar 16, 2026 | 8:49 pm

Indonesia to Form Committee on China-Backed Train Ahead of Surabaya Expansion

... wished to focus on the debt restructuring first, “as it ... Bandung rail, popularly known as Whoosh, recorded 6.2 million passengers ... throughout 2025. Whoosh is managed by the joint ... Danantara Drafts China Train Debt Proposal Ahead of Beijing ...
News Jan 21, 2026 | 3:10 pm

Danantara Drafts China Train Debt Proposal Ahead of Beijing Talks

... hopes of restructuring the hefty fast-train train debt, according ... price tag of the Whoosh project. The loans had ... both nations, operates the Whoosh project. Indonesian consortium PSBI ... “full responsibility” for the Whoosh debt problem. The retired army ...
Business Nov 26, 2025 | 2:43 pm

Economists Split on Whether BI Holds or Cuts This Month

... rail project’s debt. Read More: Danantara’s Role in Whoosh Debt Restructuring Boosts Investor Trust ...
Business Nov 19, 2025 | 1:47 pm

Danantara’s Role in Whoosh Debt Restructuring Boosts Investor Trust, Economist Says

... restructuring the debt of the Jakarta–Bandung high-speed rail project (Whoosh ... trillion), and that debt restructuring is essential to ... global investors. “This restructuring sends a clear signal ... Indonesia Mulls Repaying Whoosh Debt With Seized Corruption Funds ...
Business Nov 13, 2025 | 2:09 pm

Danantara Cuts Planned Capital Injection for Garuda Indonesia to $1.4 Billion

... both fresh funding and a debt-to-equity conversion. Read More ... part of Garuda’s ongoing financial restructuring, with Danantara set to ... –Bandung high-speed rail project (Whoosh). Read More: Danantara, Government ... Joint Plan to Restructure Whoosh Project Loans
Business Nov 11, 2025 | 8:49 pm

Danantara, Government Agree on Joint Plan to Restructure Whoosh Project Loans

... the financial burden in restructuring the debt of the Jakarta–Bandung ... its economic benefits. “The Whoosh train has brought many ... Joko Widodo administration, the Whoosh rail line has carried ... More: Gov't to Share Whoosh Financial Burden as Project Struggles ...
Business Nov 11, 2025 | 6:23 pm

Prabowo Says He'll Take Responsibility for Mounting China Train Debt

... here. I will take responsibility for Whoosh, everything related to it,” Prabowo ... ," he explained. Prabowo boasted how Whoosh had significantly reduced traffic congestion ... entered talks with China about restructuring the debt. Finance Minister Purbaya Yudhi ...
Business Nov 4, 2025 | 3:21 pm

Prabowo Summons Chief Minister AHY and Former Minister Jonan to Discuss Whoosh Debt

... , known as Whoosh. AHY said the meeting discussed the debt controversy surrounding ... Chinese counterparts over the restructuring of the debt. Danantara couple of weeks ... refinancing negotiations remain open. The Whoosh project, Southeast Asia’s first high ...
News Nov 3, 2025 | 8:16 pm

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

... Thursday that the China train debt talks were still ongoing, ... that Jakarta had reached a restructuring deal with Beijing. Indonesia is ... Jakarta-Bandung high-speed train, Whoosh. Local news outlet Kompas, ... used to pay off the debt]. We will decide on ...
Business Oct 23, 2025 | 7:30 pm

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

... the Chinese government on the debt restructuring. Rosan, too, admitted that ... a presidential decree on the debt, according to his senior ... the rail, popularly known as Whoosh. The principal came with a ... using its own funds. Whoosh has served over 12 million ...
Business Oct 17, 2025 | 1:19 pm

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

... official talks with China for a debt restructuring of the multi-billion-dollar ... train, also known as the Whoosh, which links Jakarta and ... using its own funds. Whoosh has put Kereta Api Indonesia ... back in August that the Whoosh project was a financial “time ...
Business Oct 8, 2025 | 10:12 pm

43% of Jakarta-Bandung Rail Foreign Passengers Are Malaysians

... the rail known as Whoosh could reach more than ... majority countries. “Foreigners consider Whoosh not just as a mode ... growing ridership, Whoosh is facing a looming hefty Chinese debt. The ... is currently working on a debt restructuring plan. Read More: Danantara ...
Lifestyle Sep 4, 2025 | 1:04 pm

Danantara Steps In as Whoosh Train Saves Time but Bleeds Cash

... Bandung service known as Whoosh, which has become ... Restructuring High-Speed Railway’s Hefty China Debt The Whoosh line ... the project has become a debt headache. The project’s $7.3 ... central role in any debt restructuring. The Whoosh service, inaugurated in ...
Business Aug 22, 2025 | 7:32 pm

Indonesia Pushes Ahead with 780-Km Jakarta–Surabaya High-Speed Rail Plan

... Mulls Restructuring High-Speed Railway’s Hefty China Debt The rail ... Bandung line, known as “Whoosh”-- built in partnership with ... China. The 142-kilometer Whoosh line connects Jakarta to ... now working on a debt restructuring plan for Whoosh. If completed, the ...
News Aug 9, 2025 | 8:53 pm

Danantara Mulls Restructuring High-Speed Railway’s Hefty China Debt

... is working on a debt restructuring plan for the Jakarta- ... how we can restructure Whoosh’s [debt],” Rosan said in Jakarta ... run enterprise consortia, operates Whoosh. Jakarta's side Pilar ... of the construction bill. Whoosh recorded 2.9 million passengers between ...
Business Aug 6, 2025 | 11:53 am
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