Day: July 20, 2022

Market sounding for IKN development to start in Aug: official

The market sounding for building a number of facilities in Indonesia’s new capital, Nusantara (IKN), will begin in August 2022, head of the IKN Authority, Bambang Susantono, has informed.The authority is ready to accommodate the interests of parties wi…

Investment realization reaches Rp302.2 trillion in Q2

Indonesia’s investment realization in the second quarter of 2022 reached Rp302.2 trillion (US$20 billion), or up 35.5 percent from Rp223 trillion (US$14.8 billion) in the year-ago period, the Investment Ministry informed.The figure reflected an increas…

Continuing to finalize pension program for workers: minister

Based on the Social Security Administrator for Employment (BPJS Ketenagakerjaan) data obtained from the Central Statistics Agency (BPS), the number of participants in the pension insurance program stood at 13.65 million as of February 2022, the ministe…

IKN Authority to provide job training to locals

The new capital (IKN) Nusantara Authority will organize several job and business trainings for residents of Penajam Paser Utara, East Kalimantan, in line with the construction of the new capital.”Later, the local residents will become an inseparable pa…