PT Pakuwon Jati Tbk. (PWON) aims to complete the construction of its mall and hotel project, Pakuwon Nusantara in Nusantara Capital by 2025. Currently, the construction progress of the project is in the preparation stage. For this project, PWON collaborates with Marriott International Group to devel... [read more]

Jasa Marga accelerate the completion of five toll road projects, including South Jakarta-Cikampek (Japek) II (64 kilometers), Patimban Toll Road Access (37.05 kilometers), Yogyakarta-Bawen Toll Road (75.82 kilometers), Probolinggo-Banyuwangi (Probowangi) Toll Road (171.50 kilometers) and Solo-Yogyak... [read more]

According to the Minister of the Public Works and Public Housing (PUPR) Basuki Hadimuljono, the construction progress of basic infrastructure in Nusantara Capital, including toll roads, dams, government offices, the national axis, the presidential office and palace, has reached approximately 60.3%.... [read more]

Nearing the end of Covid-19 loan restructuring in March 2024, the concern for higher ratio of non-Performing Banking Loans (NPOL) is increasing. Currently, the ratio of bank NPL is well maintained and as of October 2023, the bank gross NPL reached 2.42%, lower than in the same period last year of 2.... [read more]

The Finance Minister Sri Mulyani Indrawati is confident that Indonesia is currently in a safe position amidst the ongoing global economic fragmentation. This was shown by Indonesia’s improving economic growth and even higher than in several countries. In the Annual International Forum of Economic De... [read more]