PT Summarecon Agung Tbk. (SMRA) officially opened a new shopping center called Summarecon Villagio Outlets or Villagio in Karawang with the first-phase investment valued at IDR 500 billion. SMRA President Director Adrianto P. Adhi said that Indonesia's stable economic growth of 5.17 percent (year-on... [read more]

President Joko Widodo (Jokowi) has set a target to finish 61 reservoir projects by 2024 in support of food sovereignty initiatives. Jokowi emphasized the need for Indonesia to develop a strategic vision that outlines detailed action plans for the next five to ten years concerning food sovereignty pr... [read more]

As of September 25, 2023, the first phase of the Kuala Tanjung - Tebing Tinggi - Parapat Toll Road (Kutepat) is nearly 91% complete. Ergy Pramadipta, Corporate Secretary of PT Hutama Marga Waskita (HMW), shared that the Tebing Tinggi - Indrapura section of the Kutepat Toll Road is the only segment t... [read more]

The Finance Ministry's Directorate General of Taxes (DJP) collected revenue from Value Added Tax (VAT) collection for Trading Through Electronic Systems (PMSE) at IDR 15.15 trillion as of September 30, 2023, from 146 companies that carry out PMSE VAT collection. [read more]

Indonesia's September 2023 inflation remained under control at the target range of 3%±1, at 2.28% (yoy). Meanwhile, the core component experienced inflation of 0.12% month to month (mtm) or 2.00% (yoy), which is one of the lowest in the world. Based on Trading Economics' records, Indonesia's core in... [read more]