The money saved from postponing HSR already used to buy new ETR3 rolling stock and upgrade existing Rail Infrastrucure in Malaysia to support SJSEZ. Let VT find his own funds for the project which is a No Go? Indonesia should learn from Malaysia to ask private sector to fully fund the proposed RM100B KL-Singapore HSR as the Jakarta-Bandung high-speed railway, also known as Whoosh, is facing losses:Â
First year of operation In its first year, Whoosh is expected to have a deficit of Rp 3.15 trillion (US$200 million). This is due to the cost of operating the service, paying down loan interest, and meeting tax obligations.Â
2023 losses In 2023, Whoosh and PT Pilar Sinergi BUMN Indonesia (PSBI) recorded significant annual losses. WIKA, a shareholder in PSBI, also experienced losses in 2023.Â
H1 2024 losses Indonesian state-owned enterprises (SOEs) reported Rp 3.53 trillion (US$221.8 million) in losses related to Whoosh in the first half of 2024.Â
To close the gap, the consortium responsible for the project, Kereta Cepat Indonesia China (KCIC), is seeking cash deficiency support (CDS). Experts say this will likely come from bank loans. The deficit may continue for decades and could affect the SOEs behind the project.
Don't looks Good! Take profit if you can Cut loss if you can't Last time I saw You were 35 There were too many people There was fun there was evil And we both took the ride Now it's 34 Some says it's 33 or Is it 32? How low can you go? 'Cause I wanna know How low can you go? How low can you go? 'Cause I wanna know How low can you go?
Afternoon guys! Selling pressure is quite great after resistant 0.35 broken! Will next Resistant 0.33 holds as Bears & shorties have the upper hand Atm...tut tut
Dear John, We see it all now that you're gone Don't you think LKH was too naive to be messed with? We see it all now that you're gone Don't you think Dukes weren't born yesterday? You should've known You should've known Don't you think we are naive too? You should've known to deal with AhLong Anyway it's still not too late to realise Take profit if you can Cut loss if you can't
Take profit if you can Cut loss if you can't Choo, choo train chuggin' down the track Gotta travel on, never comin' back Oh, oh John got a one way ticket to the blues Bye, bye for leavin' us Now lonely teardrops are all that we can see Oh, oh got a one way ticket to the blues Gonna take a trip to lonesome town Gonna stay at heartbreak hotel A gambler that never learns can cry a tear so well Choo, choo train chuggin' down the track Gotta travel on, never comin' back Oh, oh got a one way ticket to the blues Oh, oh got a one way ticket to the blues Gonna take a trip to lonesome town Gonna stay at heartbreak hotel A fool that never learns can cry a tear so well
When dead cat rebounces Is best time to run! Take profit if you can Cut loss if you can't Even John has abandoned ship? Ekovest's a pot holed road full of bad intentions That leads to LKH castle if you followed John's direction If you're seeking asylum, it's a path well-trodden It won't get better till it hits rock bottom As the dead cat bounces, the fruit turns rotten We lost sight of what we have in common Trapped with a finite life in an abyss, the bottom is yet to come?
Post a Comment
People who like this
New Topic
You should check in on some of those fields below.
Title
Category
Comment
Confirmation
Click Confirm to delete this Forum Thread and all the associated comments.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
EVO118
2,220 posts
Posted by EVO118 > 1 week ago | Report Abuse
Maybe we should go to Indonesia and learn how to do a major rail line. Too many who can't make the decision.