PT Nusantara Infrastructure Tbk. (META) is preparing for the construction of Jakarta Outer Ring Road (JORR) Cikunir-Ulujami Project which was planned to start in 2024 with the collaboration with four new investors, which have not been detailded yet. Currently, the project is entering the designing p... [read more]

The Authority of Nusantara Capital City (OIKN) stated that the third phase of the groundbreaking of IKN will be realized in the second week of December 2023. The groundbreaking will include three aspects, including the aspect of preserving the natural biodiversity and resources and the infrastructur... [read more]

The Governor of the Bank of Indonesia (BI) Perry Warjiyo stated that Indonesia's inflation rate in 2024 and 2025 will remain under control within the range of 1.5% to 3.5%. The national economy in 2024 is estimated to grow in the 4.7% to 5.5% range in 2024 and in the 4.8% to 5.6% in 2025 – One of th... [read more]

Ahead the third quarter of 2023, the Bank of Indonesia (BI) recorded that since early October 2023 until 21 November 2023, net foreign capital inflow was recorded reaching US$2.6 billion. This influx is potentially due to the potential for the Federal Reserve (the Fed) to keep its key interest rate... [read more]

The government aims to legislate the technical regulation of the Value Added Tax Borne by the Government (PPN DPT) in November 2023. As the Commercial Property Index has shown a decline to 0.40% while the Gross Fixed Capital Formation (PMTB) remained at 3.3% yoy from the same period last year, the g... [read more]