The Toll Road Management Agency (BPJT) of the Ministry of Public Works and Public Housing has aimed to fully connect Solo – Yogayarta YIA Kulonprogo Toll Road by the third quarter of 2026. Currently, the average construction progress of the first section comprising two work packages of Kartasura-Pur... [read more]

The Jakarta Provincial Administration will continue IB Phase Velodrome-Manggarai of LRT Jakarta with the total length of 6.4 kilometers, as delivered by the Head of DKI Jakarta Transportation Agency (Dishub) Syafrin Liputo. The groundbreaking process is planned for at least in early October. [read more]

The Indonesian government aims to achieve 5.2% annual economic growth by adopting the basic assumption of 2024 macro economy. This target has been set amidst the global uncertainty which is estimated to continue until next year. A number of international financial institution including the World Ban... [read more]

The Central Bank of Indonesia (BI) has observed the potential for a longer El Nino phenomenon or drought in Indonesia which may continue until early 2024. However, BI is optimistic that the inflation rate will remain within the targeted range of 2.5% yoy ±1%. [read more]

The construction of Nusantara Capital City (IKN) mega project is targeted to be completed entirely by 2045 or 22 years from now, coinciding with the centenary of Indonesia's independence. Currently, the construction progress of the First Phase of IKN basic infrastructure has reached 38.1% with all o... [read more]