PT Hotel Sahid Jaya International Tbk (SHID) is confident that the hotel business will recover in the second semester of 2021. SHID will also launch four innovative products which are developed to meet the need and dynamics of the latest market. The four products comprise Rimbun, an outdoor/rooftop... [read more]

The Minister of Public Works and Housing Basuki Hadimuljono instructed the acceleration of Gate to Gate South Jakarta-Cikampek (Japek) II construction which connects Jakarta Outer Ring Road (JORR) 1, JORR 2 and Purwakarta-Bandung-Cileunyi (Purbaleungyi) Toll Roads. The project completion is expected... [read more]

The construction of Kertajati Airport Toll Access will complete in September 2021 to support the operational of BIJB Kertajati. Meanwhile, the progress of Junction Dawuan construction on Section 6 of Cisumdawu Toll Road has reached 79.08% land acquisition. Both of the toll lanes are aimed to support... [read more]

The Central Bureau of Statistic recorded August 2021 inflation at 0.03%. Annual inflation (January-August) 2021 was recorded at 0.84% and year on year inflation (August 2021 to August 2020) at 1.59%. The Deputy of Central Bank of Indonesia (BI) Dody Budy Waluyo stated that the low inflation and core... [read more]

The PPN Ministry/ Head of the National Development Planning Agency Suharso Monoarfa stated that so far the target of Indonesia’s medium term economic growth as contained in the Medium Term Development Plan (RPJMN) has been challenged and remained at 5%. The target of economic growth for 2022 is set... [read more]