The Ministry of Finance is confident that Indonesia’s economy will grow above 5% year on year in the third quarter of 2022. Meanwhile, economic growth in the first and second quarters of 2022 were recorded at 5.01% and 5.44% year-on-year, respectively. [read more]

The Central Bureau of Statistics (BPS) reported August 2022 with deflation at 0.21% month to month or declining Consumer Price Index (IHK) from 111.80 in July 2022 to 111.57. This deflation is the lowest since September 2019 when it was recorded at 0.275. The 2022 year to date inflation was at 3.63%... [read more]

The Ministry of Public Works and Public Housing (PUPR) has completed the construction of Kuningan East Interchange Road of 7.24 kilometers in total length in Kuningan Regency, West Java Province. The road construction was started in 2020 as the alternative route from Cirebon to Kuningan and vice ver... [read more]

Sinar Mas Land melalui PT Trans Bumi Serbaraja memulai Uji Laik Fungsi (ULF) dan Uji Laik Operasi (ULO) Tol Serpong-Balaraja (Serbaraja) Seksi 1A sepanjang 5,15 km bersama Direktorat Jenderal Bina Marga Kementerian Pekerjaan Umum dan Perumahan Rakyat (PUPR) pada 22-24 Juni 2022. Pembangunan tol Serb... [read more]

The Rupiah remains depreciated. Based on data from Bloomberg, Rupiah was closed at Rp14,993 or depreciated by 0.15% from the opening today. The depreciation was due to the global uncertainty, especially due to global economic slowdown, stagflation threat and the aggressive increase in interest key r... [read more]