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In the same year on 10 November, the Government of Indonesia issued Act Number 8 of 1995 on Capital Markets. This law came into effect in January 1996. The Indonesia Parallel Exchange was then merged with the Surabaya Stock Exchange. Then one year later, on 6 August 1996, the Indonesian Clearing and Guarantee Corporation (KPEI) was established.
Surabaya metropolitan area has five commuter rail services with the network similar with KRL Commuterline in Jakarta metropolitan area. The services connects Surabaya city center to the neighboring cities and regency in the area. The Suroboyo Bus city bus is serving Surabaya, using plastic waste as a form of payment. Ever since May 2022 ...
As a satellite region and part of Greater Surabaya, the Sidoarjo economy is valued at 197.24 Trillion IDR in 2020 and is the second-largest [6] in East Java after Surabaya. Primary Sector. Although Sidoarjo Regency's land area is relatively small and densely populated, the primary sector still maintains a role in Sidoarjo's economy.
Katuari and Sutanto operated out of a small workshop in their home in Surabaya, East Java, peddling their goods door to door, at market stalls, and travelling from village to village. They gradually expanded their business, developing more effective detergent formulations, [ 2 ] later including cream detergent, which is much cheaper than powder ...
Local executive elections (Indonesian: Pemilihan Kepala Daerah or Pilkada) to elect governors, mayors and regents in Indonesia were held on 27 November 2024 across 545 regions: 37 provinces, 415 regencies and 93 cities, which covered all provinces except Yogyakarta Special Region and all cities/regencies except the constituents of Jakarta. [1]
Badak LNG, or formerly known as PT Badak Natural Gas Liquefaction or PT Badak NGL, is the largest liquefied natural gas (LNG) company in Indonesia and one of the largest LNG plants in the world. [1]
Surabaya [a] is the capital city of East Java province and the second-largest city in Indonesia, after Jakarta. Located on the northeastern corner of Java island, ...
The division handles the Jabotabek commuter rail (currently KRL Commuterline), while the Daerah Operasi I handles long-distance trains and railway infrastructures. KAI Commuter was founded on 15 September 2008 as PT KAI Commuter Jabodetabek (KCJ, branded later as "Commuterline" or simply "Commuter"), as a spin-off from KAI.