Month: August 2021

WIKA estimates three projects to be completed by 2021-end

State-owned construction company PT Wijaya Karya (WIKA) Tbk, listed on the Indonesia Stock Exchange as WIKA, is expected to complete three strategic infrastructure projects by the end of 2021. The Kuningan Dam in West Java, Bendo Dam in East Java, and the Serang-Panimbang first section in Banten are the three

Vice Finance Minister highlights importance of data-based policy

Vice Finance Minister Suahasil Nazara drew the attention of his peers to the need for the policy implemented by the Ministry of Finance to be data-based and analytic. “We need to prioritize the importance of us conducting analysis and thinking what we can gain from the data,” Nazara remarked during

2022 economic growth target’s lower limit raised to 5.2 percent

The Indonesian government and the House of Representatives (DPR) have agreed to raise the lower limit of the national economic growth target for 2022 to 5.2 percent, from five percent earlier, according to Finance Minister Sri Mulyani Indrawati. The government and DPR reached the agreement during a working meeting to

Indonesia needs 14 GW renewable energy to reach 2025 target: IESR

Indonesia would need to generate at least 14 gigawatt (GW) of renewable energy to increase its share to 23 percent in the national energy mix by 2025, a think tank has said. Renewable energy’s share in the national energy mix is currently recorded at just 11.2 percent, far below the

Smoking, obesity can cause kidney cell carcinoma: specialist

Smoking, obesity, and high blood pressure can cause Renal Cell Carcinoma (RCC), a type of kidney cancer, a specialist has said. According to internal medicine specialist and hematology oncology specialist at Cipto Mangunkusumo Kencana Hospital, Dr. Nadia Ayu Mulansari, Sp.PD-KHOM, a family history of kidney cancer, exposure to certain chemicals

Finance Minister optimistic demand will improve in 2021

Finance Minister Sri Mulyani Indrawati has said that she believes all indicators of the demand side that support the economy will improve in 2021, and not just government spending indicators. “This year, we hope that every demand aggregate element starts to enter the positive zone. Hence, the state budget will