PT Wijaya Karya (Persero) Tbk (Wika) continues the construction of the Semarang-Demak Toll Road Section 1B which spans the total of 6.67 kilometers. The project has reached 50% completion and is targeted to be completed by mid-2027. This section will be Indonesia's first sea toll road integrated wit... [read more]

The Finance Minister Sri Mulyani Indrawati reported that at least 655 investors have taken advantage of the tax incentives provided by the government to encourage investment. Tax holiday has been provided to 221 tax payers and gained approximately Rp421.94 trillion in investment and US$479 million (... [read more]

The Ministry of Public Works (PU) will optimize the Public-Private Partnership (KPBU) scheme to complete national infrastructure projects after the efficiency measures set in the 2025 State Budget at Rp81.38 trillion. The funding for the 2025-2029 KPBU is aimed to reach Rp544.48 trillion. This fund... [read more]

The Ministry of Public Works (PU) will optimize the Public-Private Partnership (KPBU) scheme to complete national infrastructure projects after the efficiency measures set in the 2025 State Budget at Rp81.38 trillion. The funding for the 2025-2029 KPBU is aimed to reach Rp544.48 trillion. This fund... [read more]

In a closed meeting with the XI Commission of the People’s Representative Council (DRP) in Kompleks Parlemen Senayan, Central Jakarta on Monday (10th February), the Directorate General of Taxation decided to reimplement the previous taxation system following issues with the implantation of Coretax o... [read more]