The loan, which accounts for 75 per cent of the total cost of the high-speed rail project, comes as Japan and Indonesia are in discussions to build another HSR between Jakarta and Surabaya.
Indonesian President Joko Widodo has urged all relevant authorities to be ready to fight forest fires this year, given that weather data showed it would be drier compared to 2016.
Indonesian police on Monday questioned a hardline Muslim cleric over a hate speech complaint by a civil group following a lecture in which he said new banknotes carried the communist hammer-and-sickle symbol.
According to Indonesia's anti-corruption agency, Mr Emirsyah Satar had been named a suspect for allegedly receiving kickbacks from Rolls-Royce in exchange for buying planes fitted with the company's engines.
The project was among issues discussed during Japanese Prime Minister Shinzo Abe's meeting with Indonesian President Joko Widodo on Sunday (Jan 15).
The terror attack in Jakarta last January killed eight people, including the four perpetrators, and left many others wounded. Channel NewsAsia talks to a survivor about her long road to recovery.
Indonesia has barred US bank JPMorgan Chase & Co from submitting an underwriting proposal for its next issuance of dollar-denominated Islamic bonds, a finance ministry official said. The government has asked other banks to submit proposals by Thursday (Jan 12) for a planned dollar sukuk offering.
Reports say there are worries that Dubai investors will only sink funds in once the Tanjung Api-Api Special Economic Area - known as KEK, has been fully completed.
Indonesia suspended cooperation with the Australian military in December for "technical reasons", a spokesman for the Indonesian defence forces said on Wednesday, after offensive material was seen at an Australian training base.
The boat, Zahro Express was reported to be carrying nearly 250 passengers and was heading to Tidung Island, a tourist destination 50 kilometres (30 miles) from the capital,