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View all search resultswhoosh
Regulations 5 days ago
PREMIUM
Whoosh structural overhaul to satisfy China, Purbaya says
The finance minister expects Chinese stakeholders "to be satisfied" with the government's latest debt restructuring plan for the Whoosh high-speed rail project, with the new setup aiming to address persistent cost overruns, delays and interagency incoordination through a more proportionate risk-sharing approach.
Academia 5 months ago
PREMIUM
Whoosh and the missing ingredients of development-led infrastructure
There is a policy vacuum in the land use and zoning of the Jakarta-Bandung high-speed railway project, as most developments along the route focus on real estate rather than multimodal access or job creation.
Opinion 5 months ago
PREMIUM
Analysis: Prabowo's plan, tackling Whoosh debt and corruption simultaneously
President Prabowo Subianto has announced that the government will assume responsibility for repaying the Rp 1.2 trillion (US$71.81 million) cost overrun debt incurred by Indonesia's first high-speed railway, Whoosh. Prabowo justified the government's intervention by framing the railway as a public service obligation (PSO), arguing that its benefits extend beyond profit. He further stated that the government intends to fund the repayment using assets recovered from corruption cases, though the feasibility of this approach remains uncertain.
Politics 5 months ago
PREMIUM
KPK sees potential corruption in Whoosh land acquisition
The Corruption Eradication Commission (KPK) is now looking into potential corruption in the land acquisition for the Whoosh Jakarta-Bandung high speed railway (HSR), after investigators raised suspicions of embezzlement in the alleged inflated land procurement.
Politics 5 months ago
PREMIUM
KPK pushes ahead with probe into Whoosh
The Corruption Eradication Commission’s (KPK) probe into alleged corruption in the construction of the Jakarta-Bandung high speed railway Whoosh is proceeding apace after President Prabowo Subianto reassured the public about having "no major problems" with the project's lingering debt.
