The Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN) has issued several Government Regulations (PP) as derivatives of Law No. 11 of 2020 concerning Job Creation (UUCK) to solve challenges in the property investment sector. The five new regulations include Right to Man... [read more]

The Central Bank of Indonesia (BI) revised its projection of Indonesia’s economy for 2021. The economy in 2021 is projected to grow approximately 3.8%, lower than the previous projection of 4.1% to 5.1% ranges with the median projection of 4.6%. Inflation rate is also estimated to reach the lowest l... [read more]

The Central Bank of Indonesia (BI) stated that the 2021 inflation will remain low as demand is expected to decline below the median projection of 3%. The lower inflation was related to various BI policies for all of its instrument policies to support the National Economic Recovery (PEN), including m... [read more]

The Toll Road Management Agency (BUJT) along with the Indonesia’s Toll Road Association (ATI) are ready to complete approximately 400 kilometers of toll roads construction this year. The Ministry of Public Works and Public Housing (PUPR) is aimed to complete the construction of 19 toll roads with 42... [read more]

The Ministry of Public Work and Public Housing (PUPR) via the Toll Road Management Agency (BPJT) has continued to accelerate the construction of Serang – Panimbang Toll Road of 83.67 kilometers in length. The construction is conducted through a Public and Private Partnership (KPBU) with the total in... [read more]