UPDATED NEWS
PT Onduline Manufaktur Indonesia celebrated the groundbreaking of the first Onduline Factory’s foundation piling in the Pasuruan Industrial Estate Rembang (PIER) in East Java. The factory is the second factory with larger production capacity and comprehensive color machines. OMI and PT Surabaya Indu... [read more]
PT Puri Sentul Permai Tbk. (KDTN) has appointed Swiss-Belhotel International to operate and manage the KM 166 and KM 164 rest areas along the Cipali-Majalengka toll road. With this collaboration, Xpress Hotel Rest Area KM 165 and KM 164 will be renamed to Swiss-Belexpress Rest Area. The hotels will... [read more]
PT Krakatau Sarana Properti (KSP) will soon start the development of new warehouses in the Krakatau Cilegon Industrial Estate 1 and 2. The remaining land bank in these industrial estates is approximately 40 hectares of which 10% will be used to develop new warehouse units. In the future, KSP will al... [read more]
Bank Indonesia (BI) estimates that the economic growth of five ASEAN countries, namely Indonesia, Malaysia, Philippines, Singapore and Thailand, will range between 4.6-4.7% in 2023. According to Perry, ASEAN has the potential to become the epicentre of world economic growth. Therefore, efforts to bo... [read more]
The World Bank predicts that Indonesia's economy will continue to grow well amidst the prospect of a weakening global economy. The global economic outlook is expected to get worse if a financial crisis or economic recession occurs. The Head of World Bank Representative for Indonesia and Timor-Leste,... [read more]
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