NEWS

The Central Bank of Indonesia (BI) has estimated that this year’s inflation will be slightly higher than 4%, in line with the targeted inflation of 3% plus-minus 1%. In its Board of Governor Meeting, BI also decided to set the BI 7-Day Reverse Repo Rate (BI-7DRRR) at 3.50%, the deposit facility rate... [read more]

The Finance Ministry has reported that tax revenue rose 51.49% (yoy) to Rp567.69 trillion as of April 2022. That accounted for 44.88% of this year's tax revenue target. "Tax revenue remained strong as of April, mainly because April is the period of tax return submission," finance minister Sri Mulyan... [read more]

The Yogyakarta Tourism Agency is preparing an alternative electric scooter (otoped) lane for tourism in Kotabaru Area, in line with the development plan as a cultural tourism destination. The otoped renting service in the cultural heritage area is believed to attract tourists to the destination as i... [read more]

The government has planned several developments of public transportation facilities in the new capital city, Nusantara which has been planned to fulfill 80% of its public mobility through public transportation. This is regulated in the Presidential Regulation (Perpres) Number 64 Year 2022 regarding... [read more]

Depok City’s Office for Housing and Settlements, West Java, will build four sports centers and micro, small and medium enterprises (UMKM) centers in Pancoran Mas, Bojongsari, Sawangan, and Cipayung Subdistricts. Currently, the projects are in the Detail Engineering Design (DED) process, following th... [read more]