“Government Announces Surge in Foreign Investment: Rp204.4 Trillion Flows into Indonesia”

Amidst the backdrop of global economic unpredictability, Minister of Investment/BKPM Head Bahlil Lahadalia delivered uplifting news during a press briefing on Monday, April 29, 2024. With a tone of confidence, Lahadalia announced that Indonesia had attracted an impressive Rp204.4 trillion in foreign direct investment (FDI) during the first quarter of 2024, marking a substantial 15.5% […]

“Facing Reduced International Traffic, Angkasa Pura Unveils New Tactics”

JAKARTA – With the Indonesian government’s decision to reduce the number of international airports, PT Angkasa Pura Indonesia, operating as InJourney Airports, has unveiled plans for a regionalization strategy. Faik Fahmi, CEO of InJourney Airports, revealed that this strategy would be implemented across the 37 airports under their purview, with some designated as primary hubs […]

Jakarta Special Administrative Region Law Signed by President Jokowi

President Joko Widodo’s endorsement of Law Number 2 of 2024, centered on the Jakarta Special Region (JSR), marks a monumental stride in Indonesia’s legislative journey. This comprehensive statute not only defines Jakarta’s unique status but also charts a course for the strategic transfer of the capital from Jakarta to Nusantara. The signing ceremony, held in […]