The Ministry of Public Works and Housing (PUPR) will develop new infrastructure to support the (KTT) G20 Summit, one of which is the construction of I Gusti Ngurah Rai VVIP Terminal to ease the guest of the G20 Summit in Bali, Indonesia. The construction of the terminal has been started since 14 mar... [read more]

The Central Bureau of Statistics (BPS) recorded May 2022 inflation at 0.40%, resulting in 2022 annual inflation at 2.56% and year to year inflation rate (May 2022 to May 2021) at 3.55%, the highest since 2017 when it was recorded at 3.61%. [read more]

The Finance Minister Sri Mulyani Indrawati stated that the assumed inflation rate for 2023 as determined in the Macro Economy Framework and Main Fiscal Policies (KEM PPKF) at 2-4% is realistic. Global inflation rate next year is also estimated to be lower than in the current year due to monetary aus... [read more]

Agung Sedayu Group (ASG) plans to develop more residential areas in Pantai Indah Kapuk (PIK) 2 area, following the plan to develop Kamal-Teluk Naga-Rajeg Toll Road which will increase mobility for its residents. The toll road project will be developed by PT Duta Graha Karya, the consortium of Agung... [read more]

The developer of Harvest City Township is revitalizing its family recreational facilities, the Water Joy pool in collaboration with PT Funworld Prima with the trademark of Funworld as a part of its grand design to transform Harvest City in all aspects. Harvest City also plans to add culinary and rec... [read more]