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☆ Apple reportedly offers $100 million investment to end iPhone 16 sales ban in the world's 4th-most-populous country
▼ + stars: | 2024-11-19 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

AdvertisementApple has offered a $100 million investment to lift Indonesia's iPhone 16 sales ban, Bloomberg says. Indonesia has blocked iPhone 16 sales because they do not contain 40% locally made components. Apple has reportedly offered to invest $100 million in Indonesia to reverse a ban on iPhone 16 sales in the world's fourth-most populous nation. AdvertisementIndonesia's Ministry of Industry last month blocked Apple from selling its iPhone 16, which first launched in September, for failing to comply with regulations. As the world's fourth-most populous nation with over 280 million citizens, Indonesia is an increasingly important Apple market.

Persons: —, Apple hadn't Organizations: Apple, Bloomberg, Indonesia's Ministry, Industry, Indonesia's Ministry of Industry, Business Locations: Indonesia, Cupertino, Asia's, Bandung, Jakarta

☆ Britain is building the most expensive railway in the world. Many people now think it’s pointless
▼ + stars: | 2024-11-18 | by ( Ben Jones | ) edition.cnn.com time to read: +17 min

Population density and topography obviously have a significant effect on construction costs. “There was also a lack of discussion over the chosen route, which could have followed existing highway corridors.”Rapidly rising construction costs have plagued major projects across the world in recent years. Signs placed on a fence by environmental activists protest against tree-felling operations for the HS2 rail link at Jones Hill Wood in Wendover, England, in April 2021. However, their efforts were in vain and only succeeded in significantly driving up construction costs. ‘Mutilated and pointless’Plans have been dropped for a proposed HS2 railway station at Meadowhall in Sheffield.

Persons: hoardings, Henry Nicholls, it’s, Christian Wolmar, ”, Ricardo Ferreras, “, ” Ferreras, Wolmar, Chris Gorman, Wood, Mark Kerrison, Joe Giddens, Mike Kemp, Rishi Sunak, Anna Gowthorpe Organizations: CNN, Speed, Britain, WHOOSH, Station, London Times, ” Railway, CNN Travel, —, Chiltern, New Economics Foundation, London Euston, Birmingham Airport, Crewe, Conservative, Labour, Birmingham, Sunak, Leeds, High Speed Rail, Hitachi, Alstom, Siemens, Euston, Treasury, Audit Office Locations: United States, Bordeaux, France, China, Japan, London, English, Birmingham, Jakarta, Bandung, London's, AFP, Britain, Ukraine, Europe, Spain, Great, England, Jones, Wendover, Buckinghamshire, Colne, Cross , Hertfordshire, Manchester, Leeds, Scotland, Wales, Euston, Crewe, Meadowhall, Sheffield, Midlands, Nottingham, Liverpool

☆ Indonesia’s Argo Wilis Panoramic offers a scenic ride through Java
▼ + stars: | 2024-11-14 | by ( Leyla Rose | ) edition.cnn.com time to read: +8 min

This is the view from the Argo Wilis Panoramic, a bright and airy carriage on the Argo Wilis train. The Argo Wilis Panoramic carriage sits idle in Surabaya Gubeng Station. “For example, the Argo Wilis is named after a non-active volcano in East Java,” explains a railway guard. As well as the Argo Wilis Panoramic, there is also the Argo Parahyangan Panoramic and the Pangandaran Panoramic running back and forth between Jakarta and Bandung. If you’re traveling west on the Argo Wilis Panoramic, it’s worth exploring Bandung, where the train terminates.

Persons: Josh Edwards, KAI, ”, Argo, Yogyakarta Josh Edwards, There’s, It’s, Siripong, Parahu, Ismail Rajo, “ Organizations: CNN, Argo, Solo, KAI, UNESCO, Heritage, ” Locations: Surabaya, East Java, Bandung, West Java, Southeast Asia, Indonesia, Java, Surabaya Gubeng, Sumatra, Sulawesi, Jakarta, Yogyakarta, Borobudur, Asia, Indonesia’s, Central Java, Surakarta, Pasar, Sukuh, Mt Lawu, Nature, Ismail, Paris, ” Bandung, British

☆ Indonesia’s new leader calls for collaboration with China before heading to the U.S.
▼ + stars: | 2024-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Ap-Live-Blog-Byline-Image.Png | The Associated Press | ) www.nbcnews.com time to read: +2 min

Subianto wrapped up the first stop of his first overseas trip since taking office three weeks ago. He is headed next to Washington — where the U.S. government is confronting China’s rise — and then to Peru and Brazil for the Asia-Pacific Economic Cooperation and Group of 20 summits. They agreed to hold a first-ever joint meeting of their foreign and defense ministers in 2025, a joint statement said. China also helped build Indonesia’s first high-speed railway, an 88-mile route between Jakarta and Bandung that opened last year. But a flood of low-priced Chinese products has hit Indonesia’s garment makers hard, closing factories and prompting calls for import tariffs.

Persons: Prabowo Subianto, ”, Subianto, Washington —, Xi Jinping, ” Subianto, “ Organizations: BEIJING, Economic Cooperation, Group Locations: China, Washington, Peru, Brazil, Asia, “ Indonesia, Indonesia, South China, Beijing, Indonesian, Jakarta, Bandung

☆ A real-estate agent shares 3 things people should know before they build a home in Bali
▼ + stars: | 2024-06-14 | by ( Amanda Goh | ) www.businessinsider.com time to read: +4 min

More and more foreigners are interested in owning property in Bali, either for investment purposes or to call home. AdvertisementBusiness Insider spoke to Nathan Ryan, a real-estate agent, about three things people should know before building a house in Bali. Since foreigners can't own land titles in Bali, those who want to buy land in Bali typically do so on a leasehold basis. Make sure the street leading to your plot has a nameWhen looking for leasehold property in Bali, make sure there's a public road leading to it. "There have been times when property has been locked in, because it might look like there's a road there to the land you're looking at.

Persons: —, Marisa Jaya, Nathan Ryan, Ryan, hadn't, you've Organizations: Service, Business, Bali Realty, Google Locations: Indonesian, Bali, Bali's Badung, Indonesia, Bandung Regency, Bali ., Seminyak

☆ How I built a billion dollar coffee company called Kopi Kenangan
▼ + stars: | 2024-05-20 | by ( Ernestine Siu | ) www.cnbc.com time to read: +12 min

And recognizing that very notion is what makes Indonesian coffee chain Kopi Kenangan different from many of its competitors. Which is why this cup of Kopi Kenangan coffee here in Singapore may taste different from a cup in Indonesia. Edward Tirtanata: Before I started Kopi Kenangan, I started this tea chain called Lewis and Carroll. And that is why our first menu is called Kopi Kenangan Mantan, which directly translates into, memory of my ex-girlfriend coffee. Ernestine Siu: In 2019, Kopi Kenangan received its first outside investment of $8 million from venture capital firm Alpha JWC Ventures.

Persons: Edward Tirtanata, Ernestine Siu, It's, Serena Williams, Jay, Eduardo Savrin's, Edward, Kopi Kenangan, Carroll, James Prananto, James, Little, Kopi, creamer Organizations: Alpha JWC Ventures, Northeastern University, Starbucks, Entrepreneurship, Toyota Locations: Jakarta, Singapore, New York, Indonesia, Vietnam, Southeast Asia, Boston, United States, Kopi, Bandung, U.S, Indonesian

☆ Bus Crash in Indonesia Kills 11, Including Students, After Graduation Celebration
▼ + stars: | 2024-05-12 | by ( Jin Yu Young | More About Jin Yu Young | ) www.nytimes.com time to read: 1 min

A bus carrying students and teachers returning from a graduation celebration crashed in Subang, Indonesia, on Saturday evening, killing at least 11 people, many of them students. The crash occurred around 6:45 p.m. as the vehicle was returning from a hilly resort area in Bandung to Depok, West Java, the authorities said. While the cause of the accident was still under investigation on Sunday, the West Java police said that the bus had sped out of control on a downhill road and crashed into multiple vehicles. An initial investigation revealed that the bus was apparently not fit for the road and had malfunctioning brakes. There were 61 passengers aboard, according to the police, who said that nine people died at the scene and two died later in a hospital.

Organizations: West Java Locations: Subang, Indonesia, Bandung, Depok, West Java

☆ The world’s best dumplings
▼ + stars: | 2024-03-28 | by ( Julia Buckley | ) edition.cnn.com time to read: +17 min

The best way to sample these dumplings is from a street vendor carting a steamer on his bicycle. KartoffelknoedelCarbtastic kartoffelknoedel ExQuisine/Adobe StockFound across Germany, kartoffelknoedel, or potato dumplings, usually accompany meat dishes. Artit_Wongpradu/iStockphoto/Getty ImagesSome dumpling purists say that the Australian dim sim is merely a bastardized version of Chinese dumplings. Joshua Resnick/500px Plus/Getty ImagesFound on Chinese takeout menus in the United States, crab rangoon are deep-fried dumplings served as a side dish. Shish barakShish barak are lamb dumplings served with yoghurt.

Persons: ., Ravioli, –, chao shou, chao, bryndzové, Lisa Wiltse, dumpling, Edward Wong, there’s, Beata Zawrzel, Mayur, Lord Ganesha, Ganesh Chathurthi, Pelmeni, Dim sims, Peng, Kimchi, Jonathan Wong, manti, speck, you’ll, Deb Lindsey, Uszka, Gyoza, Joshua Resnick, Ihor, it’s, It’s, DiAnna Paulk, Paolo Bernardotti, Shish barak Shish barak, Julia Buckley Organizations: CNN, South China Morning, Adobe, Central Asia, Kazakhstan –, Turks, Adobe Stock, Corbis, China Morning, Getty, Turkish, Fascism, Washington Post Locations: . Cheng, South, Italy, Rome, Sichuan, Central, Turkey, China, Azerbaijan, Kazakhstan, Central Asia, Mongol, Slovakia, Slovakian, Indonesian, Bandung, Hong Kong, Eastern Europe, Maharashtra, Germany, Brazil, Siberia, European, Australia, North America, Europe, Tunisian, Argentina, empanadas, Mendoza, USA, Southern, United States, Central Asian, Korea, Alto Adige, Austrian Tyrol, Kathmandu, Poland, Tokyo, rangoon, Asia, Russia, Georgia, Japan, Pennsylvania, Piedmont, Afghanistan

☆ China is trying to connect Southeast Asia by high-speed rail. Here’s how that’s going
▼ + stars: | 2024-03-25 | by ( Heather Chen | ) edition.cnn.com time to read: +10 min

CNN —Imagine jumping on a train in southwestern China, traveling some 2,000 miles and arriving in Singapore – less than 30 hours later. Southeast Asia is the “obvious” choice because of its “proximity to China,” Bowerman adds. “Beijing, I think, ultimately wants to see Southeast Asian countries within its sphere of geopolitical influence. A staff member waits for passengers to board the Jakarta-Bandung high-speed train during a week-long public trial phase at the Halim station in Jakarta on September 17, 2023. “In the example of a high-speed railway line between Malaysia and Singapore, Singapore would likely have just one stop – Malaysia would have more,” Wong told CNN.

Persons: China’s, Gary Bowerman, ” Bowerman, ”, Pon Souvannaseng, Peerapon Boonyakiat, Bowerman, Pan Wenbo, Pan, Mei Wei, Wei, “ I’m, Xi Jinping’s, Souvannaseng, Hong Kong –, Hong Kong’s, Yasuyoshi Chiba, Wong Muh Rong, ” Wong Organizations: CNN, Initiative, China Railway, Reuters, East Japan Railway Co, Malaysian, Bentley University, of, Communist Party, Laos Railway, Laos Railway cumulatively, Orient Express, Getty Locations: China, Singapore, Asia, Laos, Kunming, Vientiane –, Indonesia, Jakarta, Bandung, West Java, Thailand, Bangkok, Thai, Malaysia, Kuala Lumpur, Southeast Asia, “ China, Peerapon, Cities, Penang, Malacca, Phuket Old Town, Beijing, Vietnam, Philippines, Cambodia, Wat, Siem Reap, ”, Kowloon, Hong Kong, Shanghai, Halim, AFP, “

☆ Amid anguished joy, ‘nothing is impossible’ for the Palestinian national soccer team on its Asian Cup adventure
▼ + stars: | 2024-01-29 | by ( Eoin Mcsweeney | ) edition.cnn.com time to read: +7 min

CNN —As the echoes of the final whistle rang out around the Abdullah bin Khalifa stadium in Doha, Qatar, Palestinian players celebrated with anguished joy last week. The historic sporting moment for Palestinians comes as Israel’s war against Hamas rages in Gaza, causing widespread destruction and initiating a catastrophic humanitarian crisis. The Palestinian Football Association says that, as of December 6, 55 football players are amongst the dead, including amateur and youth members. Some Palestinian national team footballers, like Saleh, have reportedly lost family members or have relatives and friends trapped in Gaza. Palestinian national team players observe the national anthems prior to the AFC Asian Cup Group C match between Iran and Palestine at Education City Stadium on January 14, 2024 in Al Rayyan, Qatar.

Persons: Abdullah, Oday, Israel, Rami Hamada, Mohamed Saleh, Mohammed Rashid, CNN’s Eleni Giokos, “, Hong Kong, ”, “ We’re, Rashid, Mohammed Saleh, Hector Retamal, Saleh, ” Rashid, there’s, “ They’ve, ” Mohammed Rashid of, Mohammad Mohebbi, Masashi Hara, Gianni Infantino, we’re, Robert Cianflone, Monday’s Organizations: CNN, Palestinian national soccer team, AFC Asian, Hong, Qatar, Iran, Palestinian, UAE, Group C, Janoub, Getty, Ministry of Health, Palestinian Football Association, West Bank, Palestinian soccer, Education City, FIFA, UEFA, Russian, Israel, Persib, “, Hamas Locations: Doha, Qatar, Palestinian, Gaza, Hong Kong, Hong, Palestine, Al, AFP, “, Ramallah, Israel, Iran, Al Rayyan, Ukraine, Persib Bandung, refence, Russia

☆ Travel news: Escape the crowds at these affordable alternatives to hot spots
▼ + stars: | 2023-11-11 | by ( Maureen O'Hare | ) edition.cnn.com time to read: +4 min

Get the latest news in aviation, food and drink, where to stay and other travel developments. They’re all shooting up Expedia’s search rankings, too, which means you might want to get there before everybody else does. Making tracksIndonesia launched Southeast Asia’s first bullet train last month, a $7.3 billion train line that connects two of its largest cities, Jakarta and Bandung. And in Austria, state railway ÖBB has unveiled a 33-strong fleet of night trains that will debut next month. England was the birthplace of railways, back in 1825, but almost 200 years later, the country’s train industry is in turmoil.

Persons: Expedia, Martin, Copenhagen’s Noma, Le Gavroche, Julie Balzano, ”, Rodney Hodgins, CNN Tom Stuker, Here’s Organizations: CNN, Michelin, Nashville, Passengers, Air Canada, Geographic Locations: Paros, Greece, Perth, Australia, Liverpool, Palermo, Sicily, Lisbon, Quebec City, Canada, Geneva, Switzerland, Memphis , Tennessee, Pattaya, Thailand, Bangkok, Taipei, Taiwan, Seoul, South Korea, Sapporo, Japan, Zermatt, Long, Miami, Colombia, Las Vegas, Indonesia, Southeast, Jakarta, Bandung, Austria, Britain, England, Korea

JAKARTA, Indonesia (AP) — Dozens of conservative Muslims marched in Indonesia’s capital on Friday, calling for the cancellation of Coldplay’s upcoming concert over the British band’s support for the LGBTQ+ community. Lead singer Chris Martin has been known to wear rainbow colors and wave gay pride flags during performances. The Asian leg of Coldplay's “Music Of The Spheres World Tour” includes a Nov. 15 concert at Jakarta’s Gelora Bung Karno stadium. Indonesia’s Tourism and Creative Economy Minister Sandiaga Uno assured Coldplay fans there would be no disruptions to the concert. ___Associated Press writer Edna Tarigan in Jakarta, Indonesia, contributed to this report.

Persons: Chris Martin, Basuki Tjahaja Purnama —, Coldplay, ”, Hery Susanto, ” Bamukmin, ” Martin, Sandiaga Uno, ” Uno, Ed Sheeran, Shawn Mendes, Justin Bieber, Peter Harjani, Lady Gaga, Edna Tarigan Organizations: Coldplay, Creative Economy, Indonesian Ulema Council, Entertainment, Boys, Associated Press Locations: JAKARTA, Indonesia, Indonesia’s, Jakarta, “, West Java’s, Bandung, Indonesian, British, Taipei, Malaysian

☆ Indonesia says arrests militants suspected of plotting to disrupt election
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

An armed police officer stands guard following a blast at a district police station, that according to authorities was a suspected suicide bombing, in Bandung, West Java province, Indonesia, December 7, 2022. REUTERS/Willy Kurniawan/File Photo Acquire Licensing RightsJAKARTA, Oct 31 (Reuters) - Indonesia's counter-terrorism unit has arrested 59 suspected militants including some loyalists of the Islamic State-inspired Jamaah Ansharut Daulah (JAD) suspected of planning to disrupt an upcoming election, a unit spokesperson said on Tuesday. Aswin Siregar, spokesperson for the Densus 88 counter-terrorism taskforce, said the JAD militants were suspected of plotting attacks to disrupt Feb. 14 presidential and legislative elections. It relates to their main goal which is to cancel the election," he added without giving any more detail of the suspected plotting. However, security analysts say the militant threat has diminished significantly in recent years, largely because of successful security force operations.

Persons: Willy Kurniawan, Ansharut, Aswin Siregar, Aswin, Ananda Teresia, Robert Birsel Organizations: REUTERS, Rights, Islamic, Islamic State, JI, Thomson Locations: Bandung, West Java, Indonesia, Rights JAKARTA, al Qaeda, JAD, United States, Bali

☆ Indonesia ruling party's presidential candidate to announce running mate
▼ + stars: | 2023-10-18 | by ( ) www.reuters.com time to read: +2 min

JAKARTA, Oct 18 (Reuters) - The presidential candidate of Indonesia's ruling party will announce his choice of running mate on Wednesday, amid last-minute manoeuvring by the country's political heavyweights to shore up alliances ahead of the 2024 election. The world's third-largest democracy is set to vote in February to replace President Joko Widodo or Jokowi, who has served the maximum two terms allowed. Other possible running mates for Ganjar include Bandung city Mayor Ridwan Kamil, Tourism Minister Sandiaga Uno, and former military chief Andika Perkasa, according to party sources. Former Jakarta governor Anies Baswedan is also running for president but trailing in surveys. Reporting by Ananda Teresia; Writing by Kanupriya Kapoor; Editing by Miral FahmyOur Standards: The Thomson Reuters Trust Principles.

Persons: Joko Widodo, Ganjar Pranowo, Mahfud, Osman Sapta Odang, Prabowo Subianto, Prabowo, Jokowi's, Gibran Rakabuming Raka, Ridwan Kamil, Sandiaga Uno, Andika Perkasa, Megawati Sukarnoputri, Anies Baswedan, Ananda Teresia, Kanupriya Kapoor, Miral Organizations: Indonesian Democratic Party, Struggle, Central Java, Jokowi, Ganjar, Tourism, Sandiaga, PDI, Former Jakarta, Thomson Locations: JAKARTA, Central, Bandung, Mahfud

☆ China's Xi wants to expand cooperation with Indonesia in several key markets
▼ + stars: | 2023-10-17 | by ( ) www.reuters.com time to read: +2 min

Chinese President Xi Jinping attends a ceremony to welcome participants of the Belt and Road Forum in Beijing, China, October 17, 2023. Sputnik/Sergei Savostyanov/Pool via REUTERS/File Photo Acquire Licensing RightsBEIJING, Oct 17 (Reuters) - China is willing to expand and strengthen cooperation with Indonesia in emerging industries such as the digital economy, photovoltaics and new energy vehicles, President Xi Jinping said on Tuesday. In October, Widodo inaugurated a $7.3 billion high-speed railway connecting the country's capital with the city of Bandung. Widodo said Indonesia regards China as an important strategic partner in national economic development and construction, and "looks forward to further strengthening communication and cooperation with China," state media reported. Reporting by Ethan Wang and Bernard Orr; editing by Christina Fincher and Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

Persons: Xi Jinping, Sergei Savostyanov, Xi, Joko Widodo, Widodo, Ethan Wang, Bernard Orr, Christina Fincher, Chizu Organizations: Forum, Sputnik, Rights, China Central Television, Initiative, of Southeast Asian Nations, Thomson Locations: Beijing, China, Rights BEIJING, Indonesia, Bandung

☆ Indonesia launches China-backed 'Whoosh' high-speed railway
▼ + stars: | 2023-10-02 | by ( ) www.reuters.com time to read: +1 min

Indonesia's President Joko Widodo speaks about the planned new capital Nusantara, at Ecosperity Week in Singapore June 7, 2023. REUTERS/Edgar Su/File Photo Acquire Licensing RightsJAKARTA, Oct 2 (Reuters) - Indonesian President Joko Widodo on Monday inaugurated a $7.3 billion high-speed railway connecting the country's capital with the city of Bandung, a China-backed project that has been marred with problems. Monday's launch for the bullet train named "Whoosh" is far behind an original target of operations in 2019. "The name is inspired by the sound of a rushing high speed train," Jokowi, as the president is popularly called, said during the launch. Reporting by Yuddy Cahya Budiman; Writing by Ananda Teresia; Editing by Gayatri Suroyo and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: Joko Widodo, Edgar Su, Jokowi, Luhut, Yuddy Cahya, Ananda Teresia, Gayatri Suroyo, Gerry Doyle Organizations: Nusantara, REUTERS, Rights, Initiative, Thomson Locations: Singapore, Rights JAKARTA, Bandung, China, Indonesian

☆ Indonesia launches first bullet train, WHOOSH, funded by China's Belt and Road infrastructure initiative
▼ + stars: | 2023-10-01 | by ( Heather Chen | ) edition.cnn.com time to read: +3 min

Part of China’s Belt and Road infrastructure initiative and largely funded by Chinese state-owned firms, the $7.3 billion project opened to the public on Sunday. The train will travel between the capital Jakarta and Bandung in West Java, Indonesia’s second-largest city and a major arts and culture hub. Indonesia's outgoing President Joko Widodo rides the high-speed railway during a test ride in Jakarta. Akbar Nugroho Gumay/APWidodo and Chinese Premier Li Qiang were photographed taking test rides on the new high-speed railway throughout September. The train deal was first signed in 2015 as part of China’s Belt and Road Initiative and construction began later that year.

Persons: Dwiyana Slamet Riyadi, Dwiyana, Yasuyoshi Chiba, Joko Widodo, Xi Jinping, Akbar Nugroho Gumay, Li Qiang, ” Organizations: CNN —, Kereta, Surabaya –, PT, PT KCIC, Initiative Locations: CNN — Indonesia, Jakarta, Bandung, West Java, Indonesian, Indonesia China, Halim, East Jakarta, Padalarang, West Bandung, Surabaya, East Java Province, Semarang, Yogyakarta, Borobudur, AFP, Indonesia, Southeast, China, Rempang, Indonesia’s Riau

☆ Southeast Asia's first high-speed train – a boon or bust for Indonesia's economy?
▼ + stars: | 2023-08-31 | by ( Nyshka Chandran | ) www.cnbc.com time to read: +5 min

While it could improve overall economic and business productivity, those benefits may be overrun by Jakarta's soaring debt burden as project costs continue to mount. The 142-kilometre train linking Indonesia's capital to Bandung is expected to move at 350 kilometers per hour, driven by electricity with no direct carbon emissions expected during operations. However, escalating costs of the project could push up Indonesia's government debt and overshadow any short-term economic gains. Initially, the train was to be financed by PT Kereta Cepat Indonesia China — a consortium of companies from China and Indonesia tasked with building the rail project. In that scenario, money spent on the train would have been better spent on alternative investments like irrigation projects, he said.

Persons: Joko Widodo, Arief Anshory Yusuf, Jokowi, Sri Lanka's, Mao Ning, Mao, Yusuf Organizations: Bloomberg, Getty, Initiative, Indonesian, Bandung's Padjadjaran University, Australian National University, PT Kereta, Indonesia China —, KCIC, China Development Bank, Reuters, of Economic, Law Studies, Nurphoto, CNBC Locations: Indonesia, Jakarta, Bandung, Southeast Asia, Indonesian, Surabaya, Japan, Indonesia China, China, Entebbe, Beijing, IDR

☆ Indonesia delays China-funded rail project's trial run for passengers
▼ + stars: | 2023-08-08 | by ( ) www.reuters.com time to read: +1 min

An electric Multiple Unit high-speed train is seen during Hot Sliding Test in Tegalluar, Bandung, West Java province, Indonesia, May 19, 2023, in this photo taken by Antara Foto. A free, limited trial run for passengers, initially set for Aug. 18, has been postponed to early September, but no delay is expected to the full operational launch on Oct. 1, KCIC said on Tuesday. Safety checks were ongoing as of last Friday, according to transport ministry official Mohamad Risal Wasal. KCIC said internal trials had gone smoothly but the company was still working with the transport ministry on necessary operational certificates. Reporting by Stefanno Sulaiman; Editing by Gayatri Suroyo, Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

Persons: Antara, Al Farisi, KCIC, Mohamad Risal Wasal, Xi Jinping, Joko Widodo, Stefanno Sulaiman, Gayatri Suroyo, Kanupriya Kapoor Organizations: Initiative, Thomson Locations: Tegalluar, Bandung, West Java, Indonesia, JAKARTA, China, Indonesian, Jakarta

☆ Indonesia's delayed China-funded rail project beset by fresh problems
▼ + stars: | 2023-06-07 | by ( Stefanno Sulaiman | ) www.reuters.com time to read: +5 min

[1/2] An electric Multiple Unit high-speed train is seen during Hot Sliding Test in Tegalluar, Bandung, West Java province, Indonesia, May 19, 2023, in this photo taken by Antara Foto. China-backed consortium PT KCIC, Mott MacDonald, Umbra, CDB and China's embassy in Jakarta did not respond immediately to requests for comment. PT KCIC was awarded the project in 2015 after lodging a cheaper proposal than a Japanese rival, with completion expected in 2019. The planned 45-minute train ride between Jakarta and Bandung compares with a car journey of two to three hours or the current three-hour rail trip. Locating the stations in central Jakarta and Bandung would have been too costly, ministry official Seto said.

Persons: Antara, Al Farisi, Joko Widodo, Teuku Rezasyah, Mott MacDonald, Mahendra Vijaya, Hario, PwC, Sutanto Soehodho, Seto, Stefanno Sulaiman, Devjyot Ghoshal, Jamie Freed Organizations: REUTERS, Initiative, Padjadjaran University, Reuters, PT, China Development Bank, CDB, PT KCIC, KCIC, University of Indonesia, Thomson Locations: Tegalluar, Bandung, West Java, Indonesia, REUTERS JAKARTA, China, Jakarta, Indonesian, Southeast Asia's, Independence, PwC, CDB, China's

☆ This fish farmer-turned-entrepreneur runs a profitable start-up. Here are his tips
▼ + stars: | 2023-03-09 | by ( Sheila Chiang | ) www.cnbc.com time to read: +7 min

Now at 33, Farizy runs Indonesia-based startup eFishery, which developed products such as automatic feeders that help local seafood farmers save costs and improve productivity. Automatic feeders eliminate the problems of manual feeding, which could result in over-feeding or under-feeding. Say no to high cash burnMany startups focus on blistering growth, which usually means a high cash burn rate. When asked about how he runs a successful company, he said: "We don't burn cash unnecessarily." Cash burn refers to a company spending its cash reserves when it is not yet generating profit.

☆ Indonesia, China agree $1.2 bln cost overrun for high-speed train - official
▼ + stars: | 2023-02-13 | by ( ) www.reuters.com time to read: +1 min

JAKARTA, Feb 13 (Reuters) - Indonesia and China have agreed to a budget overrun to the tune of $1.2 billion for the first high-speed railway project in the Southeast Asian country, an Indonesian government official told parliament on Monday. The project was previously estimated to be $2 billion over budget, raising the total cost to 113 trillion rupiah ($7.36 billion), according to the consortium of Indonesian and Chinese state companies building the railway, known as PT KCIC. "We agreed on the cost overrun figure of $1.2 billion. Further details including an additional loan from the China Development Bank to cover the extra costs are to be finalised within a month, he added. ($1 = 15,190.0000 rupiah)Reporting by Bernadette Christina; Editing by Kanupriya KapoorOur Standards: The Thomson Reuters Trust Principles.

☆ Indonesia police station blast kills one, injures several
▼ + stars: | 2022-12-07 | by ( ) www.reuters.com time to read: +1 min

[1/3] Policemen stand guard at the site of a blast at a police station in Bandung, West Java, Indonesia, December 7, 2022, in this photo taken by Antara Foto. Footage from Metro TV showed damage to the police station, with some debris from the building on the ground and smoke rising from the scene. Islamic militants have carried out attacks in the world's largest Muslim-majority nation, including at churches, police stations and venues frequented by foreigners. In an efforts to crack down on militants, Indonesia created a tough new anti-terrorism law in recent years after suicide bombings linked to the Islamic State-inspired Jamaah Ansharut Daulah (JAD). Reporting by Ananda Teresia; Editing by Ed Davies and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

☆ Magnitude 6.1 quake hits Indonesia's West Java
▼ + stars: | 2022-12-03 | by ( ) www.reuters.com time to read: +1 min

JAKARTA, Dec 3 (Reuters) - A quake of 6.1 magnitude hit Indonesia's West Java area on Saturday, the country's geophysics agency BMKG said, sending people running out of buildings. Some residents of other towns and cities in West Java said on social media they felt the quake strongly. A Reuters witness in Bandung, the capital of West Java province, said guests of a hotel ran out of the building but had since returned inside. Last month a shallow quake of 5.6 magnitude hit West Java's Cianjur, killing more than 300. BMKG reported a smaller 2.9 magnitude quake at 107 km depth hit near the first quake over an hour later.

☆ Rescuers navigate toppled buildings after earthquake kills at least 162 people in Indonesia
▼ + stars: | 2022-11-22 | by ( ) www.cnbc.com time to read: +5 min

Villagers salvage items from damaged houses on Nov. 22, 2022 following a 5.6-magnitude earthquake that killed at least 162 people in Cianjur, Indonesia. Rescuers on Tuesday struggled to find more bodies from the rubble of homes and buildings toppled by an earthquake that killed at least 162 people and injured hundreds on Indonesia's main island of Java. In February, a magnitude 6.2 earthquake killed at least 25 people and injured more than 460 in West Sumatra province. In January 2021, a magnitude 6.2 earthquake killed more than 100 people and injured nearly 6,500 in West Sulawesi province. A powerful Indian Ocean quake and tsunami in 2004 killed 230,000 people in a dozen countries, most of them in Indonesia.

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