Greater Jakarta will have nine new malls by 2025, even though occupancy rates in Jakarta and Bodetabek (Bogor, Depok, Tangerang, and Bekasi) are declining, even before the Covid-19 pandemic, according to property consultant Colliers.
Indonesia received 11 Letters of Intent (LoI) from the Malaysian Government for IKN Nusantara or the national capital city project.
The government implemented a new income tax rate (PPh) for individuals or workers that took effect as of 1 January 2023.
President Joko “Jokowi” Widodo said the government plans to ban single cigarette (loosie) sales through a government regulation, which will be drafted in 2023.
The Chinese government will remove the quarantine obligation for arrivals from abroad. This policy aligns with the Covid-19 status downgrade as a class B infectious disease.
According to World Bank, the average price of Indonesian rice has been the most expensive in Southeast Asia in the last decade. The high price of rice is one of the causes of poverty.
The holiday policy in Government Regulation in Lieu of Law (Perppu) No. 2/2022 has drawn controversies. How is it different from the previous rule?
With the ratification of the Extradition Law, the government can easily repatriate fugitives of legal cases who fled to Singapore.
OJK is monitoring nonperforming loans in several Peer-to-Peer (P2P) lending firms. Currently, 18 of 102 P2P lenders have nonperforming loans (NPLs) above 5%.
The Charta Politika survey noted that three potential presidential candidates - Ganjar Pranowo, Anies Baswedan, and Prabowo Subianto - have voting barns in different regions.