August 20, 2020, 08.58 PM

Sarinah’s major renovation work requires a total budget of 500 billion rupiahs ($33.5 million), while the government has allocated this year’s expenditure and working capital at 200 billion rupiahs ($13.4 million). 

The establishment of the state-owned department store in 1967 was initiated by Indonesia’s first president Soekarno to promote local products and boost the country’s economy.

(Writer: Suhaiela Bahfein | Editor: Hilda B Alexander)

Source: https://properti.kompas.com/read/2020/08/19/155207321/sarinah-bakal-dibuka-kembali-saat-hut-kemerdekaan-ri-tahun-2021?page=1.

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