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BUSINESS1d agoWho will shoulder the debts behind Indonesia’s China-backed Whoosh railway?Indonesia’s finance ministry is preparing to absorb debt payments for Whoosh, the China-funded high-speed railway connecting Jakarta and Bandung, in a move officials say will ease financial pressure on the state-owned enterprises that built and operate the line. The government has argued that the burden is manageable after the debt was restructured over 80 years, requiring annual instalments of about 1 trillion rupiah (US$56.5 million). But the plan has also raised concerns that taxpayers are...South China Morning Post
BUSINESS2d agoIndonesia issues new halal rulesThe Department of International Trade Promotion (DITP) is urging businesses to prepare for Indonesia's new halal regulations, set to take effect on Oct 18.bangkokpost · thailand
BUSINESS4d agoRetail Sales of Indonesia - A Rebound in July 2026 , But It Might Be Short - LivedIndonesian retail sales showed a rebound in July 2026, though this recovery might be temporary, indicating potential volatility in the market.indonesia-investments.com · Indonesia
BUSINESS6d agoIndonesia orders Netflix to pay US$4.3m in music royalties or face shutdownIndonesia is demanding that Netflix pay an estimated 75 billion rupiah (US$4.3 million) in royalties accumulated since its launch in the country or risk being shut down. The National Collective Management Organisation (LMKN), a government-supported agency overseeing the country’s royalty system, said the streaming platform had not paid music royalties since entering the Indonesian market 10 years ago, the Jakarta Globe reported. “The amount is estimated at around 75 billion rupiah, which Netflix...South China Morning Post