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 Indonesia HSR making RM261 million loses in, first half 2025

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dickybird
post Aug 21 2025, 11:11 AM

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QUOTE(GoodBoy2022 @ Aug 21 2025, 08:27 AM)
Different , gov buy from own GLC in China, left and right pocket, cement and earth and land all owned by government, all the kena tax back

Indonesia different own money pay to foreign country and is not coming back
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What money to start with? Why GOV need to buy from GLC? just direct only lah, save the commission.
dickybird
post Aug 21 2025, 11:12 AM

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QUOTE(moviefans25 @ Aug 21 2025, 08:38 AM)
because Malaysian wants everything so that can feel like a canggih country mah  sweat.gif
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But then treats it like trash in some undeveloped country. Kesian
dickybird
post Aug 21 2025, 11:17 AM

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Example
Ktm now still loss making, even with the not so cheap tickets for say from kl to Padang besar.
Return biz ticket is almost 400, not yet include transfer to Hatyai which is the real reason people go to PB. If drive car, cost is also 400 for the whole car and includes insurance, fuel and toll enough to explore Singhkla if no more fuel subsidy, it would still be cheaper than 2 biz return tickets.
dickybird
post Aug 21 2025, 12:45 PM

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QUOTE(30624770 @ Aug 21 2025, 12:01 PM)
But it's a different story for China. I think there are some truth in the story of economic boom. Japan too as their economy took off in the 60s too when Shinkansen was built.

Their HSR improved transportation efficiency, reduced travel times, and fostered economic integration between regions. The HSR network has also boosted tourism, facilitated trade, and spurred economic growth in various sectors.

Of course the boom in China and Japan is more due to the mentality of the people there. The HSR facilitate the boom but it's not the main factor.
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Where do you want to go on HSR? KB? KT? PG? Arau?
Alor star?

dickybird
post Aug 21 2025, 12:49 PM

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QUOTE(Zot @ Aug 21 2025, 12:05 PM)
People who work in cities live far away. Some even take 2 hour bullet train to work in Tokyo.  smile.gif
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20 years ago I ride ktm commuter to work, that also only 30 minutes ride, timing ok ok only, trains packed af.
Nowadays I wouldn’t, timing is horrible.
dickybird
post Aug 21 2025, 01:03 PM

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QUOTE(30624770 @ Aug 21 2025, 12:59 PM)
I am not an advocate of HSR for Malaysia but my point is it does create economic boom but it's not for everyone as every country is different.

Our population just can't support HSR. You look at China and Japan. Shanghai population is already our whole country population while Osaka is more than half of our country population. They have the population to support.

China is also huge. Not all cities have airport and to drive will take a long time and some even days. So having a good rail system make sense.
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If we can just maximise yields from existing train lines with food marketing, serving special bentos like regional train lines do in Japan, it would be great.we need to upgrade our train lines from serving resource extraction for the brits that built them to serving leisure travellers and tourists.
That way is better than HSR, we are famous for food and culture so let us showcase that, not look like don’t care working for minimum wage and sleepy on the trains.
dickybird
post Aug 21 2025, 01:11 PM

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QUOTE(30624770 @ Aug 21 2025, 01:05 PM)
Actually the ETS is already quite good as the biz class are served with food
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I have eaten the biz class food but it doesn’t reflect our much vaunted food culture, they served cheese sandwiches! Amongst other things that I don’t even remember.
It doesn’t give you the impression why you paid so much for the biz ticket.
No need give wired earphones lah, improve the catering is enough.

dickybird
post Aug 21 2025, 01:15 PM

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QUOTE(kesvani @ Aug 21 2025, 01:11 PM)
ECRL is to suppose domestic use not for international. Currently all cargo to east Malaysia is road and rail to take some of those off the road. The gov mention it before why they building ECRL
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Not help China transport their wares and tanks?
Where are the enhanced ports to handle all the extra cargo? And the lines that will be calling at these ports and what about the cabotage policy?
dickybird
post Aug 22 2025, 09:00 AM

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QUOTE(gamehype @ Aug 22 2025, 08:57 AM)
?

Since when I say spend money on subsidy?

I already said development. Most people would understand development as building more infrastructure, not subsidy.
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That’s where it falls down
We build lots of infrastructure that become white elephant and we don’t maintain so it falls apart then we need to build again.
Invest in education and health. Not just build white elephants as we tend to do
dickybird
post Aug 22 2025, 03:58 PM

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QUOTE(OPT @ Aug 22 2025, 10:56 AM)
HSR if built in 2000 when land price is cheap = overall cost would be low = faster recoup = profitable. But short term will bear losses is given.

Same situation if built now, 30-50 yrs later will be profitable.
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No money then just bailing out madey sons and cronies.
dickybird
post Oct 24 2025, 03:10 PM

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QUOTE(Imp Bron @ Oct 24 2025, 02:56 PM)
Shit it's a debt trap after all, rumors has it that CCP asking for natuna island
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Wonder what they’re asking for ECRL better.
dickybird
post Oct 24 2025, 05:04 PM

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QUOTE(Imp Bron @ Oct 24 2025, 04:33 PM)
Probably same, uncontested sovereignty over 9 dash line
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So najibistas still think it is a good deal?

 

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