The Ministry of Public Work and Housing (PUPR) is developing the Kendari City Ring Road in Southeast Sulawesi (Sultra) with the total length of 33 kilometers. The project is aimed to distribute traffic volume in Kendari City, specifically from the Kendari Port to the Central Konawe Industrial Estate... [read more]

PT Pengembangan Pariwisata Indonesia (Persero) or the Indonesia Tourism Development Corporation (ITDC), announced that the construction of The Mandalika Special Zone Roads (JKK) has progressed according to the timeline. As of the fourth week of June 2021, the JKK construction has progressed by 78.6%... [read more]

The Ministry of Finance Sri Mulyani Indrawati estimated that the growth in the second quarter of 2021 will range between 7.1% and 7.5% yoy. This estimation was corrected from the previous estimation of 7.1% to 8.3% yoy range. The Minister predicted that the economic correction may be realized in the... [read more]

The Central Bureau of Statistics (BPS) recorded June 2021 inflation at 0.14%, lower than in May 2021 of 0.24%, but it remained higher than in June 2020. Annually, BPS recorded the core inflation in June 2021 at 1.49% (yoy), higher than in the previous month. [read more]

Mitsubishi Corporation and Sinar Mas Land through PT BSD Diamond Development, launched Daikanyama, a multi-function commercial property in the exclusive residential The Zora, BSD City. The project adopts the concept of a commercial business living for four-story house units with exclusive entrance a... [read more]