The partnership between Riau regional company and Kingswood Capital Ltd resulted in criminal charges, with two top executives now facing allegations of embezzlement.

Garuda Indonesia announces its biggest ever profits. It hinges on negotiating postponement in paying its bills.

The BPKP has rejected the import of used trains from Japan. KCI will obtain new ones produced by Inka, which also applies Japanese technology.

Kereta Api Indonesia has been appointed as the lead of the state-owned companies consortium for the Jakarta-Bandung high-speed train project replacing Wijaya Karya. KAI CEO explains to Tempo about the problems plaguing the project which seems to be teetering on the edge of collapse.

The alleged corruption implicating Asuransi Kredit Indonesia (Askrindo) sparked up improvement plans in the parent company of state-owned insurance and underwriting firms. There are problems in the insurance agent business regulations.