NEWS

PT Brantas Abipraya (Persero) through its subsidiary, Brantas Energi, plans to develop the floating solar power plant in state owned (BMN) dams. The development comprises Batanghari Solar Power Plant (PLTM) in West Sumatra at the capacity of 5.10 MV (2x17 MW), Tibab PLTM in Bali with the capacity of... [read more]

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]