President Joko Widodo inaugurated two bus terminals, namely Amplas Bus Station of Medan and Tanjung Pinggir Bus Station in Pematang Siantar, during his visit to North Sumatra Province on Thursday 9th February 2023. Both of the terminals are Type A terminals which were developed funded by the nationa... [read more]

After the operational of Trans Sumatra Toll Road (JJTS) Pekanbaru-Padang section, Pekanbaru-Bangkinan section, PT Hutama Karya (Persero) continues the completion of its sections, one of which is the Bangkinang – Kota Kampar Section. Currently, the construction progress of this section has reached 73... [read more]

The inflationary pressure in the next three months or in March 2023, is expected to increase. The Central Bank of Indonesia (BI) showed that the General Price Expectancy Index (IEH) in the next three months increased to 139.1 from 134.6 in the previous months. [read more]

The Ministry of National Development Planning (PPN)/ National Development Planning Agency assesses that economic growth in 2022 of 5.31% is not optimal. Ideally, the State Budget acts as an automatic stabilizer which countercyclically when the economy grows too high in order to reduce the negative i... [read more]

Based on data from the Central Bureau of Statistics, Indonesia’s economic growth in the third quarter of 2022 was recorded at 5.72%, which according to the Ministry of Investment/Coordinating Investment Board (BKPM) is heading toward quality economic growth. The Indonesian government has aimed to re... [read more]