The Central Bank of Indonesia’s Consumer Survey in August 2022 indicated that consumer confidence in the domestic economy had increased. This was reflected in the August 2022 Consumer Confidence Index (IKK) that reached 124.7 from 123.2 in July 2022. [read more]

The government is confident that Indonesia’s economy will grow in the 5.1%-5.4% range this year. The increase in subsidized and unsubsidized fuel prices is estimated to affect the economic growth relatively low, at approximately 0,09%. Currently, Indonesia’s economy continues to show a strong recove... [read more]

PT Jasa Marga (Persero) Tbk. through PT Jasamarga Bali Tol (JBT) completed the finishing phase of the Bali-Mandara Toll Road, the main transportation infrastructure for the delegates and invitees of the G20 Summit, in August 2022. Photovoltaic power plants (PLTS) who collaborate with PT Bukit EWener... [read more]

Six toll roads with the total length of 87 kilometers are ready to operate in September this year, and as of September, there are six new lanes which have been completed and passed the functional trial (ULF). The first toll lane to operate is Cibitung-Cilincing Section 2 to 3 toll lanes (Telagaasih-... [read more]

Cargill has inaugurated a corn wet mill in Pasuruan, East Java with the total investment of US$100 million or Rp1.3 trillion to meet the growing demand of starch, sweetener and livestock feed ingredients in Asia and Indonesia markets. [read more]