By: Ryan Mandela, Savira Ramadhanty, and Izaldi Fikri Muhammad   A     Background There are varieties of interest rate reference being used in banking services and/or facilities, one of which that is commonly used for global scale is the London Interbank Offered Rate (LIBOR)[1] and since the 1960s, LIBOR has also been the world’s main interest…

The Ministry of Public Works and Public Housing (PUPR) is currently revamping regional infrastructure in welcoming the 2022 Group of Twenty (G20) Summit in Bali Province. PUPR Minister Basuki Hadimuljono said Indonesia as the host of the G20 Summit will take a big theme, namely “recover together, recover stronger”. With Bali being the host location…

By Dhonke Kafi and Izaldi Fikri Muhammad. A      Background In Indonesia, most type of businesses in various sectors needs to have a form of licensing in order to operate legally, these licensing are put in place in order the achieve a sound and structured framework for businesses in Indonesia, while also keeping the market in…

By Izaldi Fikri Muhammad (18/11/2021) The Government continues to support economic equity and improve welfare by accelerating infrastructure development throughout Indonesia. The Government through the Ministry of Public Works and Human Settlemens held a Market Consultion for the Bodri Dam Project at Pullman Thamrin, Jakarta, on the 18th of November 2021. The main goal of…

The topic of environmentally friendly areas is not something new, since the topic of environment protection has always been a concern globally, and Indonesia is no exception. A lot of plans have been put in place in order to better conserve the environment, from something small as applying environmentally friendly processes in businesses, to something…

PT ITDC Nusantara Utility (ITDC NU) which is a subsidiary of ITDC in the field of utility management together with PT Perusahaan Air Indonesia America (PAIA) signed a cooperation agreement (PKS) for infrastructure development and clean water supply in The Nusa Dua, Bali and The Mandalika, Lombok, NTB, Thursday, 11th of November 2021. This collaboration…

Water has always been a very important resource for everyone. From drinking water that is needed daily for the survival of living beings, to other uses such as bathing, washing, cleaning, and many more. However, not only is distribution / drainage of clean water important, the system for wastewater, which is water that has degraded…

PT Telkom Indonesia (Persero) Tbk supports the development of the Mandalika National Tourism Strategic Area (KSPN) in Lombok, West Nusa Tenggara (NTB). Telkom guarantees the provision of digital connectivity, platforms and services in the Mandalika Region. Director of Network & IT Solution Telkom Herlan Wijanarko said, to ensure the readiness of TelkomGroup’s Information & Communication…

The Minister of Public Works and Public Housing Basuki Hadimuljono held a meeting with the President of the Turkish Contractors Association Erdal Eren on Sunday, 6th of November 2021. In the meeting, Basuki offered 10 Public Private Partnerships (PPP) or Government and Business Entity Cooperation (KPBU) worth 9.2 Billion USD which is equivalent to Rp….

Climate change has been around for a long time, and it is something that countries has tried to prevent globally, Indonesia is no exception in regard to combating climate change, and currently one of the instruments that Indonesia has come up with to combat climate change is Carbon Tax. Carbon tax was born through the…