NEWS

PT United Tractors Tbk (UNTR) prepares US$ 750 million in capital expenditure or Rp 10.84 trillion this year. This fund will be allocated for business growth in 2022. As of the end of September 2021, UNTR recorded 24% increase in net revenue to Rp 57.8 trillion from Rp 46.5trillion in the same perio... [read more]

The property technology entity, Lamudi.co.id has acquired OLX property business unit. The acquisition included all existing property sales in OLX. By acquiring OLX Indonesia property business unit, Lamudi now owns more than 4.5 million unique visitors, 600,000 new monthly listings and generating mor... [read more]

The Ministry of Transportation (Kemenhub) aimed to complete the construction of Solo-Semarang Double-Rail Train Phase 1 Solo Balapan – Kalioso Segment by 2023, which will be the longest elevated railway in Indonesia. The project which will span a total of 10 kilometers spoor (Km’sp) will have 1.8 Km... [read more]

The government continues the development of infrastructure in the vicinity of the New Capital City (IKN) in Penajam Paser Utara Regency, East Kalimantan to support the construction of new IKN while the New Capital City Law Draft is discussed by DPR (People's Representative Council of Indonesia). Rel... [read more]

Fiscal Policy Agency (BKF) is certain that inflation will be maintained in the assumed target of macro 3% plus minus 1% in 2022 despite price increase in Indonesia’s top commodities including palm oil and coal. [read more]