The Central Bureau of Statistics (BPS) recorded 0.10% deflation in July 2020 MOM, resulting in 0.98% of January - July 2020 calendar inflation and annual inflation of 1.54% YOY. However, core inflation was recorded with inflation of 0.16% MOM and contributed 0.11% to the inflation. [read more]

The Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said that the Government of Indonesia will prepare Subang Regency in West Java as a new industrial estate after the inauguration of Batang Regency Industrial Estate in Central Java. The new industrial estate project will be locate... [read more]

Trans Property conducted the topping off of Tower A in Transpark Cibubur. The superblock project comprises three towers and supporting facilities. Tower A was sold out and Tower B was almost sold out with 300 units while the remaining 300 units in Tower C. The Rp2-trillion project will comprise a fo... [read more]

The Krian-Legundi-Bunder (KLB) Toll Road construction connecting Sidoarjo Regency and Gresik Regency has reached 99% with an estimated completion by the end of October 2020. The remaining construction work is currently on the road paving for lanes that cross Surabaya-Mojokerto (Sumo) Toll Road of 20... [read more]

The Ministry of Industry (Kemperin) is in the effort to increase the number of industrial estates in Indonesia by aiming to develop approximately 156 industrial estates in Indonesia with approximately 65,000 hectares of land areas. As of June 2020, there were 118 industrial estates with approximatel... [read more]