The Rupiah remains depreciated. Based on data from Bloomberg, Rupiah was closed at Rp14,993 or depreciated by 0.15% from the opening today. The depreciation was due to the global uncertainty, especially due to global economic slowdown, stagflation threat and the aggressive increase in interest key r... [read more]

Sinar Mas Land melalui PT Trans Bumi Serbaraja memulai Uji Laik Fungsi (ULF) dan Uji Laik Operasi (ULO) Tol Serpong-Balaraja (Serbaraja) Seksi 1A sepanjang 5,15 km bersama Direktorat Jenderal Bina Marga Kementerian Pekerjaan Umum dan Perumahan Rakyat (PUPR) pada 22-24 Juni 2022. Pembangunan tol Serb... [read more]

The Ministry of Public Works and Public Housing (PUPR) has completed the construction of Kuningan East Interchange Road of 7.24 kilometers in total length in Kuningan Regency, West Java Province. The road construction was started in 2020 as the alternative route from Cirebon to Kuningan and vice ver... [read more]

The Central Bank of Indonesia (BI) recorded the money in circulation or money supply (M2) reached Rp7,854.8 trillion or 12.1% higher annually (year-on-year/yoy) in May 2022. This growth was slower compared to the previous month when it was recorded at 13.6% yoy. [read more]

The Fitch Ratings Agency is confident that Indonesia will achieve less than 3% of Gross Domestic Product fiscal deficit (GDP) in 2023. This estimation is supported by the decline of fiscal deficit this year at 4.3% of GDP or 4.6% less than in 2021. Furthermore, Fitch also stated that government debt... [read more]