indo02
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Indonesia: Three lawsuits to proceed against Bandung-Jakarta train project

Five companies have filed lawsuits against the Bandung-Jakarta high-speed train project with the Karawang District Court in West Java, demanding a total compensation of Rp 2.02 trillion (US$141 million) for their properties affected by the project, of which three will proceed to court. PT Gajah Tunggal, PT Karawang Cipta Persada, PT Perusahaan Industri Ceres, PT Batuah Bauntung Karawang […]

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thai01
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Thailand: Cabinet approves land windfall tax

The cabinet approved a draft bill Tuesday on the land windfall tax — a levy on inflated property prices driven by transport infrastructure projects. Nathporn Chatusripitak, an adviser to the PM’s Office Minister, said the new tax will charge both individual and corporate owners for commercial purposes and condominium projects worth more than 50 million baht […]

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indo01
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Indonesia: Jakarta Sees Increase in Chicken Eggs, Red Pepper Prices

TEMPO.CO, Jakarta – The prices of red pepper and broiler chicken eggs have increased in Jakarta. The red pepper price rose from Rp40,000 to Rp70,000 per kilogram. Meanwhile, the broiler chicken eggs reached Rp30,000 per kilogram. Through Tempo’s monitoring in Mayestik Market, Santa Market, and Kebayoran Lama Market, South Jakarta, the increased price of red pepper due to the increasing commodity […]

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