NEWS

PT Hutama Karya through the joint operation (KSO) is working on the development of the Trans Medan – Binjai Railway (KA) in line with the increasing need for public transportation in North Sumatra. Hutama Karya is again trusted to build a railway line, after previously completing several projects of... [read more]

The Minister of Transportation Budi Karya Sumadi stated that the government is planning to develop 10 rest areas along the Jakarta-Semarang Toll Road, Semarang City, Central Java. The government will also prepare a total land area of 100 hectares for the development and provide private entities with... [read more]

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]