Danantara CEO Rosan Roeslani responded to Finance Minister Purbaya's rejection of using the state budget to repay Whoosh debt ...
Over the past two years, the 142.3-km Whoosh has operated 36,747 train services, maintaining an on-time rate of over 95 percent. The railway has reshaped travel culture for many Indonesians, including ...
Jakarta. Indonesia is weighing two strategic options to resolve outstanding debt from its $7.2 billion Jakarta-Bandung ...
Danantara Dony Oskaria explains two potential settlement options that are being considered, which are through equity or ...
Luhut Pandjaitan defended the Whoosh rail project, saying Danantara will help manage Indonesia’s China debt despite mounting ...
Indonesia's Jakarta-Bandung high-speed railway has surpassed 10 million passenger trips since it began operations in 2023. The 142-kilometer rail line connects Jakarta with Bandung in West Java, ...
The last several years have been eventful ones for Indonesia’s state-owned railway company, Kereta Api Indonesia (KAI). Throughout Jokowi’s 10 years in office, Indonesia has significantly stepped up ...
One year after the opening of Indonesia's first high-speed railway that connects Jakarta to Bandung, named Whoosh, Indonesia is courting China to invest in an extension of the line eastward to the ...
PT Kereta Indonesia (PT KAI) has awarded a contract to Progress Rail, a Caterpillar Company, for 54 EMD® GT38AC freight locomotives for service in South Sumatra, Indonesia, expanding the national ...
China’s high-speed rail line for Indonesia – the first system of its kind for the large Southeast Asian country – has attracted enough passengers to expand its service since its launch half a year ago ...
KUALA LUMPUR: Destini Bhd has teamed up with Indonesia’s PT Industri Kereta Api (PT Inka) to identify and pursue opportunities in the railway system business sector and infrastructure projects in ...
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