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01Breaking News: Prabowo Replaces Purbaya With Suahasil Nazara as Finance Minister - Jakarta GlobeJakarta Globe · 1d ago02Breaking News: Officials Arrive at Palace as Prabowo Cabinet Reshuffle Signals Emerge - Jakarta GlobeJakarta Globe · 1d ago03Let PLN Rent Out the Grid It Already Owns - Jakarta GlobeJakarta Globe · 1h ago04Indonesia’s External Debt Reaches $454.8 Billion, Up 4.9% Year on Year - Jakarta GlobeJakarta Globe · 1h ago
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100 storiesChecked live · newest publisher story 24m ago
09
BU
World

Palm oil gains for second straight session on crude prices

JAKARTA: Malaysian palm oil futures gained for a second straight session on Tuesday, following crude oil prices that continued to climb. The benchmark palm oil contract for November delivery on the Bursa Malaysia Derivatives Exchange was up 33 ringgit, or 0.68%, at 4,883 ringgit ($1,196.08) a metric ton at close. Malaysia’s financial markets will be closed on Wednesday for a public holiday. Trading will resume on Thursday, September 17. “BMD CPO futures were seen trading higher today following g

10
SC
WorldIndonesia

Who 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...