PT United Tractors Tbk (UNTR) prepares US$ 750 million in capital expenditure or Rp 10.84 trillion this year. This fund will be allocated for business growth in 2022. As of the end of September 2021, UNTR recorded 24% increase in net revenue to Rp 57.8 trillion from Rp 46.5trillion in the same perio... [read more]

PT Pakuwon Jati Tbk (PWON) recorded a higher financial performance in the third quarter of 2021 with Rp 257 billion net profit or 117.8% annual growth and 12.9% quarterly growth. This performance was supporrted by its marketing sales which reached Rp 1 trillion with 87% of which obtained with the he... [read more]

The Governor of the Central Bank of Indonesia (BI) Perry Warjiyo is confident that Indonesia’s economic growth in 2022 may reach within the range of 4.7% - 5.5%, higher than the 2021 estimated growth of 3.2% - 4%. The growth will be supported by several economic indicators, including the controlled... [read more]

Full-year inflation remained below Bank Indonesia’s (BI) target range for 2021, but relaxation in mobility curbs led prices to gradually increase, at least from September last year. Indonesia Bureau of Statistics (BPS) reported that Consumer Price Index (CPI) was up 1.87% yoy in December 2021, the h... [read more]

Randugunting Dam is the 14th dam to be inaugurated in early January 2022 by President Jokowi from the total of 15 dams completed in 2021. The dam’s physical construction with the capacity of 14.43 cubic meters is completed 10 months earlier from the scheduled November 2022. In addition to supply wat... [read more]