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The Latest Breaking News from Purbaya Yudhi Sadewa

Indonesia government to take over state firm's stake in troubled China-funded high-speed railway

Indonesia's government will acquire a majority stake in the high-speed rail operator. This move aims to manage the project's outstanding loan obligations effectively. The transaction is expected to be finalized by mid-September this year. Chinese firms will retain a forty percent ownership in the venture. This railway connects Jakarta to…

The Economic Times

The Iran war is pushing Southeast Asia to debate the once unthinkable: Whether ships will need to pay to transit the Strait of Malacca

Indonesia’s finance minister has floated the idea. Singapore and Malaysia are pushing back. Thailand sees an opportunity.

Fortune

Indonesia to buy 42 fighter jets from China in its first non-Western aircraft deal

‘They will be flying over Jakarta soon’

The Independent UK

From analysis to the latest developments in health,
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Indonesia Leader In Damage Control, Installs Loyalists After Protests

In removing Indonesia's finance minister and U-turning on protester demands, the leader of Southeast Asia's biggest economy is scrambling to restore public trust while seizing a chance to install loyalists after deadly riots last month, experts say.

International Business Times

Indonesian President Prabowo replaces five ministers after deadly protests

Finance Minister Sri Mulyani Indrawati was among those ousted days after protesters raided her home.

People

Phiphat Ratchakitprakarn

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Sri Mulyani Indrawati

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