Sri Lanka to default today Interest payment grace period expires | Reuters

On May 18, Sri Lanka is expected to be sentenced to default by a rating agency on the same day that the grace period for interest payments on government bonds ends. The photo shows people lining up at a gas station in Colombo on the 16th (2022 Reuters / Adnan Abidi) [Colombo 18th Reuters]–Sri Lanka […]

Angle: Stagnation of production and distribution from Zero Corona, China, spills over to global supply network | Reuters

[Shanghai, 13th Reuters]–Chinese authorities are urgently trying to contain the infection of the new coronavirus under the name of “Zero Corona Policy”, but traffic jams on highways and ports and countless factory shutdowns linked. On April 13, Chinese authorities urgently attempted to contain the new coronavirus infection in the name of the “Zero Corona Policy,” […]

Focus: Russia and Europe “gas confrontation” risk of collapsing | Reuters

[London, 1st Reuters]-Russia’s President Vladimir Putin threatens to cut off gas supplies if the ruble does not pay for natural gas to be exported to “unfriendly countries”, both in Europe and Russia. There is a lot to lose, and there is a danger of “collapse”. What both Europe and Russia will lose if Russia’s President […]

Finnish National Railways to stop train service to Russia on 28th | Reuters

On March 25, the Finnish state-owned railway operating company VR announced that it will suspend the operation of the train “Allegro” connecting the capital Helsinki and St. Petersburg, Russia from the 28th. Taken on the 27th in Helsinki (2022 Reuters / Lehtikuva / Seppo Samuli) [Helsinki 25th Reuters]–The Finnish state-owned railway operating company VR announced […]

China Shinopek discontinues Russian investment talks Western sanctions impact = sources | Reuters

China’s state-owned oil and gas giant, Sinopec Group, has terminated talks on Russia’s large-scale petrochemical investment and gas sales business, sources said. Taken in August 2008 (2022 Reuters / Bobby Yip) [Reuters]–China’s state-owned oil and gas giant, Sinopec Group, has terminated talks on Russia’s large-scale petrochemical investment and gas sales business, sources said. It is […]

China-backed Indonesian high-speed rail could take 40 years to make a profit | Reuters

On February 8, a Chinese-sponsored consortium to build Indonesia’s high-speed rail expects the investment to take 40 years to make a profit due to the country’s capital relocation plan. The photo shows a worker standing in front of the high-speed rail exhibition hall. Taken in February 2019 in West Java, Indonesia (2022 Reuters / Willy […]

How to Get Executive Class Train Tickets with Prices Starting from IDR 35,000 All

KOMPAS.com – Train users now should rejoice, because they can feel the sensation of riding an executive class train at a very cheap price. The reason is, PT Kereta Api Indonesia (Persero) is still holding a Special Train Tariff ticket promo which is valid from November 1, 2021. With this promo, train ticket prices are […]

The Jakarta-Bandung high-speed train was flooded with IDR 3.4 T of PMN and Chinese loans

Jakarta, CNN Indonesia — PT Kereta Cepat Indonesia China (KCIC) declare project Jakarta-Bandung High Speed ‚Äč‚ÄčTrain (KCJB) obtains national capital participation (PMN) of IDR 3.4 trillion. KCIC President Director Dwiyana Slamet Riyadi revealed that the loan was for repayment base equity capital or the authorized capital obligation of the consortium. “The entry of government investment […]