The Central Bureau of Statistics recorded that July inflation was at 0.31% in 82 surveyed cities. The inflation of the January-July calendar inflation was recorded at 2.36% or 3.32% annually. The inflation rate was below the targeted inflation rate. [read more]

Kuala Tanjung-Tebing Tinggi-Parapat Toll Road is aimed to be completed in phases in 2020. The project is part of the Trans-Sumatera that will have six sections. Currently, the construction has been started for Section I Tebing Tinggi-Inderapura (20.4 km) and Section IV Serbelawan-Pematang Siantar (2... [read more]

The total investment during the January-June 2019 period grew 9.4% annually from 7.4% in the same period last year. Based on the total value, the investment during the first semester of 2019 was recorded at Rp395.6 trillion or increasing by 9.4% from Rp361.6 trillion last year. Based on the data fro... [read more]

PT Patra Jasa, a subsidiary of PT Pertamina (Persero), has allocated Rp1.5 trillion in an investment to develop a mixed-use project on 5.4 hectares of land area in Cirebon City. PT Patra Jasa will construct a mixed-use development that comprises a waterpark, an apartment, international restaurants,... [read more]

The National Development Planning Agency (Bappenas) drafted three policy directions in managing environmental damages and natural disasters. The first direction is to improve the quality of living environment, the second one is to mitigate natural and climate disasters and the third is to implement... [read more]