Indonesia’s foreign exchange reserve in April 2022 was recorded at US$135.7 billion or declining US$3.4 billion from the previous month. The April 2022 reserve declined from US$139.1 billion in March 2022. [read more]

Indonesia Central Bureau of Statistics (BPS) reported the April 2022 inflation at 0.95% with the Consumer Price Index (CPI) reaching 109.98. The 2022 annual inflation recorded at 2.15% with year on year inflation (April 2022 to April 2022) recorded at 3.47%. [read more]

The Capital City of Jakarta will host the Formula E 2022 on the Jakarta International E-Prix Circuit (JIEC) on 4th June 2022. The JIEC Circuit spans the total length of 2.4 kilometers and 12 meters in width. The circuit is planned to have 18 turns in the design of Kuda Lumping (flat horse) and facin... [read more]

PIK 2 is aimed to be completed in 2024. The project which was started in 2016 will include various property products including landed houses, apartments, hospitals, office towers, restaurants, commercial areas and recreation parks. Currently, there have been 5,000 landed houses completed and 11 apar... [read more]

PT Lippo Karawaci Tbk (LPKR) increased its shares ownership by purchasing 330,416,800 shares of PT Siloam International Hospitals Tbk (SILO). The purchase was conducted between 29 March 2022 and 18 April 2022 at the average price of Rp1,098 per share. With this purchase, LKPR ownership of Siloam inc... [read more]