President Joko Widodo (Jokowi) predicts Indonesia's economy will grow by 5.4-6% in the third quarter of 2022 and is confident that Indonesia’s recovery is relatively strong despite the global economy edging towards recession. This prediction is higher than the growth in the second quarter of 5.44%. [read more]

The Minister of Finance Sri Mulyani Indrawati, predicted the global economy will fall into a recession in 2023 due to key interest rates increase by several central banks globally which obstruct economic growth with the potential to increase cost of funds and limited global liquidity. Therefore, the... [read more]

The development of Ciawi and Sukamahi dams in West Java to be completed in October 2022 after previously aimed to be completed in August 2022 to manage floods in Jakarta. The Ciawi Dam and Sukamahi Dam are the first dry dams in Indonesia which adopt the design of inclined random fill type dams, each... [read more]

The Ministry of Public Works and Housing (PUPR) stated that the process of infrastructure development in the New Capital City (IKN) has officially begun including the area mapping, road projects, and several other projects. The Ministry has allocated Rp5.3 trillion for the first phase infrastructure... [read more]

The Ministry of Public Works and Housing (PUPR) stated that the renovation of the Taman Mini Indonesia Indah (TMII) in Bambu Apus, East Jakarta has reached 99% and is ready to welcome the G20 Summit event. The Director General of Cipta Karya Diana Kusumastuti explained that the renovation which was... [read more]