The Ministry of Public Works and Public Housing (PUPR) to operate a total length of 192 kilometers of new toll roads ahead the Christmas 2023 and New Year 2024 holidays. The PUPR Minister Basuki Hadimuljono, explained currently the toll road construction in Indonesia is aimed to increase by 410 kilo... [read more]

Investment inflow to Nusantara Capital continues after the groundbreaking of several projects by President Joko Widodo. By the end of this year, at least 10 additional projects with the investment value of Rp10 trillion will commence. In addition, there are also signals that two shopping and trade c... [read more]

The Tax Directorate General of the Ministry of Finance decided to postpone the launch of the Core Tax System, an advanced tax system, to 1st of July 2024 as the coming year Indonesia will hold its presidential election. The new tax system has been mandated by the Presidential Regulation (Perpres) Nu... [read more]

The Bank of Indonesia (BI) recorded the third quarter of 2023 National Payment Balance (NPI) with a US$1.5 billion deficit, less than the deficit in the previous quarter when it was recorded at US$7.4 billion. This improvement was supported by the improvement of the current transaction balance and t... [read more]

Several developers are optimistic that the effectiveness of the added tax value borne by the government (PPN DTP) incentive, which was also extended to houses priced up to Rp5 billion, will be better than the incentive during the pandemic. The developers are currently eagerly waiting for further det... [read more]