PT Bumi Serpong Damai Tbk (BSDE) recorded its performance in the first half of 2021 with a 145.53% increase to Rp 1.2 trillion, significantly higher than in the same period last year of Rp 488.74 billion. Its revenue was recorded at Rp 3.25 trillion or increasing by 38.89% from the same period last... [read more]

The Railway Directorate General (DJKA) of the Ministry of Transportation stated that the construction of the Yogyakarta International Airport (YIA) Railway as entered the final phase. DJKA started the construction of the double-lane railway of YIA in December 2019, comprising two segments, namely th... [read more]

The PUPR Ministry completed the construction of three new toll segments with a total length of 69 kilometers and a 17.4-kilometer ring-road in several provinces. The first segment ready for its operation launch includes Balikpapan-Samboja (22 kilometers) –  Section one of Balikpapan-Samarinda (Balsa... [read more]

The Central Bank of Indonesia (BI) Board of Governor Meeting on 18-19 August 2021 decided to keep the BI 7 Days Reverse Repo Rate (BI-7DRR) at 3.5%. BI also held the deposit facility interest rate at 2.75% and the lending facility interest rate at 4.25%. BI estimated the economy to grow between 3.5%... [read more]

The Ministry of Investment/Investment Coordinating Board (BKPM) will ease the investment permits for investors to start their businesses in Indonesia. These eases include the launch of the Online Single Submission Risk Based Approach (OSS-RBA) officiated by President Joko Widodo on 9th August 2021.... [read more]