The Central Bureau of Statistics (BPS) reported that Indonesia’s August 2022 trade balance was recorded with a US$5.76 billion surplus. Trade surplus has been recorded since May 2020. [read more]

The peak of the inflationary disaster is predicted to happen in January 2023, which will reflect the impact of price pressures in the last 4 months of 2022 due to the food crisis and rising fuel prices. Bank Indonesia in its July 2022 Retail Sales Survey Report noted that general price expectations... [read more]

After completing the revitalization, the Halim Perdanakusuma Airport VVIP Terminal is ready to welcome state guests at the G20 Presidency. On September 1, 2022, Halim Perdanakusuma Airport has resumed operations serving commercial flights for general passengers. Minister of Transportation Budi Karya... [read more]

President Joko Widodo (Jokowi) has set the target of travel time between Sultan Aji Muhammad Sulaiman Sepinggan in Balikpapan and New Capital City (IKN) Nusantara at 30 minutes. Thus, the Ministry of Public Works and Public Housing (PUPR) through Bina Marga Directorate General (Ditjen) have decided... [read more]

PT Diamond Citra Propertindo Tbk (DADA), through its subsidiary Diamondland Development, has entered into a strategic partnership with PT KAI Properti to develop the Kemayoran Station TOD Development in Jakarta. The TOD project resides on a total land area of 1,800.85 square meters on Jalan Garuda,... [read more]