The Directorate General of Railways (DJKA) of the Ministry of Transportation invites South Korea to participate in the development of the Phase 4 MRT Jakarta network during the 28th ASEAN Transport Minister Meeting in Bali. At least three routes were in the preliminary review of the project, compris... [read more]

The Ministry of Public Works and Housing aims to complete the construction of the 50-km Aceh-Seulimeum section of the Banda Aceh-Sigli toll road by the end of this year. The construction of Banda Aceh-Sigli with a total of 74.2 km in length is one of the main lanes of Trans Sumatra Toll Road, a Nati... [read more]

The Governor of Bank Indonesia Perry Warjiyo reported the September inflation was lower, at 5.9% (yoy) from previous estimation. The well maintained inflation despite the increase in fuel prices was due to close coordination and synergy between the central and local governments to mitigate the rippl... [read more]

Governor of the Central Bank of Indonesia Perry Warjiyo estimated the national economic growth to reach 5.2% in 2022 with the support of stable exports and domestic consumption. In 2023, he estimated the national economy may reach between 4.6% and 5.3%, or higher than the global economy which was es... [read more]

Summarecon Villaggio Jakarta Luxury Outlet (SVJLO) in Summarecon Emerald Karawang, West Java will be launched in the first quarter of 2023. SVJLO integrates the residential sector and the commercial sector, with SVJLO as the shopping center with a new concept in Italian and France styles. SVJLO is t... [read more]