The Coordinating Minister for Economic Affairs Airlangga Hartarto states, that there are 14 National Strategic Projects to be funded by private fundings. This decision has been approved by President Joko Widodo with the aim to increase job opportunities without weighing the State Budget as the whole... [read more]

Based on data from the Central Bureau of Statistics (BPS), Indonesia's trade balance recorded a surplus of US$0.87 billion in February 2024. This surplus trend continues for the 46th consecutive months since May 2020. [read more]

Sinar Mas Land aims to achieve Rp430 billion in marketing sales through the sales of its recently launched high end residential product, Trésor in BSD City. The modern luxurious residential will exclusively offer 38 units in the firth phase. Trésor offers two types of houses comprising Gallant at pr... [read more]

The Indonesian Hotel and Restaurant Association (PHRI) estimated that hotel occupancy may decline by approximately 30%-40% during this year’s fasting month, as most moslems prefer to not travel or stay at hotels during this period. Thus, PHRI suggest hoteliers to instead provide spaces for break fas... [read more]

The Minister of Public Works and Public Housing (PUPR) Basuki Hadimuljono stated that the Bogor Ciawi Sukabumi (Bocimi) Toll Road Section 3 Cibadak-Sukabumi will be completed soon. The project inauguration is estimated to be after the Eid al Ftr holiday. [read more]