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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 · Aug 6

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 · Apr 23

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 · Oct 15, 2025