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Weekly Business

Wednesday, February 10, 2010

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Kereta Api Requests Increased Subsidies

PT Kereta Api seeks an increase in this year's subsidies by Rp125 billion, to Rp660 billion. For the following year, 2011, the company is asking for the same increase, making next year's subsidies Rp785 billion. CEO of Kereta Api, Ignasius Jonan, on a break at a hearing with the House Commission on Transportation in Jakarta, Thursday last week, said that the additional subsidies were to maintain

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