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Most Popular Business: Freeport Smelter Completed Next Year, World Economic Certainty Weakens

TEMPO.CO, Jakarta – The most popular economic and business news throughout last Friday, 29 July 2022 starting with the Minister ESDM Arifin Tasrif wants the Freeport Smelter construction project to be completed next year.

Next news Sri Mulyani highlighting the worrying world economy and FFB price or fresh fruit bunches began to increase, but not significantly.

Then information about the airline Lion Air and Batik Air announced that starting August 2, 2022, flight services and operational departures and arrivals for domestic flights at Soekarno-Hatta International Airport, Tangerang, will move.

In addition, news about PT Astra International Tbk. (ASII) pocketed a net profit of IDR 18.17 trillion in the first semester of 2022, including IDR 3.17 trillion from the fair value gain on PT GoTo Gojek Tokopedia Tbk. (GOTO). The following is a summary of the five stories:

1. Freeport Gresik Smelter Progress is 34.9 Percent, Minister of Energy and Mineral Resources Wants the Second Quarter of 2023 to be Completed

Minister of Energy and Mineral Resources (ESDM), Arifin Tasrif reviewed the progress of the Freeport smelter construction located in the area Java Integrated and Industrial Port Estate (JIIPE), Manyar, Gresik Regency, East Java.

During the visit, Minister Arifin saw firsthand the location of the 100-hectare project accompanied by the President Director of PT Freeport Indonesia, Tony Wenas.

“I see the progress is measurable, and now it has reached 34.9 percent, with costs that have been spent more than 1 billion US dollars. It is targeted that by the end of this year the progress can reach 50 percent,” said Minister Arifin in Gresik, Friday, July 29, 2022.

Read the full news here.

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