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]

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 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]

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]

Lavon Swancity doubled its marketing sales from the Aku Mampu program of a 100% VAT relaxation. In the first quarter of 2021, Swancity achieved Rp 500 billion in marketing sales from the sales of up to 60 units per week after the incentive tax program in effect as compared to 10-20 units per week pr... [read more]