The Central Bank of Indonesia (BI) reported that Indonesia’s Financial System Stability (FSS) has been well maintained despite the continuation of the global uncertainty since 2023. Indonesia’s financial system resilience was reflected by adequate liquidity, lower credit risk and stronger capitaliza... [read more]

PT Pakuwon Jati (PWON) recorded its 2023 net profit with 30.2% growth to Rp2,3 trillion, compared to from the previous year when it was recorded at Rp1.8 trillion. The net profit came from its annual net revenue in 2023 when it grew by 3.6% to Rp6.2 trillion from Rp5.9 trillion in the previous year.... [read more]

The Finance Minister Sri Mulyani Indrawati reported that the State Revenue and Expenditure Budget (APBN) remained solid until March 15, 2024, with a surplus of Rp22.8 trillion. In this period, state revenue reached Rp493.2 trillion or 17.6% of the target. Meanwhile, state expenditure reached Rp470.3... [read more]

The Ministry of Transportation (Kemenhub) announced that Banggai Laut Airport, developed in Banggai Laut Regency, Central Sulawesi (Sulteng) will soon be inaugurated by President Joko Widodo. This project was started in 2019 and is planned to be operational in the third quarter of 2024. The airport’... [read more]

One of the connecting infrastructures of Nusantara Capital City (IKN), the Sultan Aji Muhammad Sulaiman Sepinggan Airport (SAMS) Toll Road heading to Balikpapan-Samarinda (Balsam) Toll Road, is designed as the first checkpoint to access IKN’s Central Government Core Area (KIPP) and will comprise 10... [read more]