Pressures to the economy have been escalating in the last month. As a result, it has prompted the economists to forecast that the Central Bank of Indonesia will keep the 7 Day Reverse Repo Rate at 3.5% in the coming Board of Governor Meeting. [read more]

The Ministry of Investment/Investment Coordinating Board (BKPM) revealed that there are 162 companies from 10 countries with a total investment plan of US$ 84.18 billion (Rp 1,222 trillion) are interested in relocating or expanding their businesses to Indonesia. Twenty-three of them with the total i... [read more]

The Ministry of Public Works and Housing (PUPR) aimed to complete the construction of Way Apu Multipurpose Dam in Buru Regency, Maluku Province in August 2023. The 50.05 million cubic meters will be developed with an investment value of Rp 2.08 trillion on a total land area of 422.08 hectares. Besid... [read more]

The contract signing between Freeport and PT Chiyoda International Indonesia to cooperate in engineering, procurement, and construction/EPC) with the investment value of US$ 2.7 billion and to develop a lead smelter and a precious metal refinery in the Java Integrated Industrial and Port Estate (JII... [read more]

Paramount Pictures dan PT Kios Ria Kreasi will develop the largest theme park in Southeast Asia, in Taman Kerti Bali Semesta, Pekutatan Jembrana, Bali Province. The theme park project is strategically located in the development area of Gilimanuk-Mengwi Toll Road which spans 95 kilometers in length.... [read more]