Bank Indonesia (BI) raised its benchmark interest rate on October 19, 2023. BI raised the BI 7-day reverse repo rate (BI7DRRR) by 25 basis points to 6%. [read more]

The Central Bank of Indonesia (BI) stated that Indonesia’s Foreign Debt (ULN) in August 2023 was decreasing from the previous month, at US$395.1 billion from US$397.1 billion by the end of July 2023. [read more]

The Ministry of Public Works and People's Housing (PUPR) reported the progress of the construction of Manikin Dam in Kuaklalo Village, Taebenu District, Kupang, East Nusa Tenggara, which has a budget of Rp1.02 trillion has reached 44.3%. The Manikin Dam is planned to complete the impounding stage an... [read more]

PT Samadista Karya, from Astra Property Group, conducted the groundbreaking for the Arumaya Office project on Thursday (12th October). The Arumaya Office is constructed in the integrated development project named The Arumaya, which resides on a total land area of 2.5 hectares, and will comprise 19 s... [read more]

PT Puri Sentul Permai Tbk (KDTN) officially announced its plan to construct its fourth hotel at the KM 260B Banjaratma-Brebes Rest Area with the signing of cooperation agreement with PT PP Sinergi Banjaratma, the management of KM 260B Banjaratma-Brebes Rest Area on Friday (6th October). The company... [read more]