The Meeting of the Board of Governors of the Central Bank of Indonesia on 18th to 19th October 2021 decided to hold the BI 7-Day Reverse Repo Rate (BI7DRR) at 3.50% to maintain stable exchange rate and financial system amidst low inflation rate estimation and in the effort to support economic growth. Moreover, the Deposit Facility was held at 2.75% while the Lending Facility was held at 4.25%." [read more]
The Governor of the Central Bank of Indonesia Perry Warjiyo is confident that the economy recovery is in the positive tract and needs to be supported to increase investment and boost national economy recovery. Indonesia’s economy is estimated to grow between 3.5%-4.3% by the end of this year supported by positive export performance, strong investments and fiscal policy stimuli from the government and the Centra... [read more]
The construction of the access road from Cipali Toll Road to Kertajati West Java International Airport (BJIB) in Majalengka Regency has been completed and will soon be operating. The construction of its gates, toll gate offices and road signs have been completed according to the minimum service standard (SPM) required by the Ministry of Public Works and Public Housing (PUPR) have been completed. The project will soon... [read more]
The Ministry of Public Works and Housing (PUPR) has completed the construction of the main road of Lombok International Airport (BILL) to Mandalika Baypass. This completion is in line with the event of World Superbike Championship (WSBK) in November 2021 and MotoGP in 2022. The BIL-Mandalika Baypass spans with the total length of 17 kilometers and is divided into three development packages with the total investment o... [read more]
PT Repower Asia Indonesia Tbk (REAL) is in active discussion with a number of strategic partners to develop data centers in places including Cikarang and Tangerang and building the communication with PT DCI Indonesia Tbk. (DCII), a data center company. REAL plans to develop digital properties through  data center development. Last June, DCI Indonesia announced to start the construction of H2, a large-scale data... [read more]
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