Bank Indonesia decided to hold the key interest rate or BI 7-Day Reverse Repo Rate (BI7DRR), at 5.75%, the deposit facility rate at 5%, and the lending facility rate at 6.5% in the Board of BI Governors Meeting (RDG) on 15-16 March 2023. [read more]

The Deputy of Distribution and Services Statistics of the Central Bureau of Statistics (BPS) reported that there were four commodities which contributed to the inflation in the second week of March 2023, namely bird eye chilis, rice, red chili, and cooking oil. [read more]

The Minister of Public Works and Housing, Basuki Hadimuljono has inspected the construction of basic infrastructure in Nusantara new capital city in East Kalimantan, including the construction of governmental buildings in the Central Government Ara (KIPP). From his inspection, the minister stated th... [read more]

The Provincial Government of DKI Jakarta plans to revitalize Tanah Abang Station in Central Jakarta and has requested the Ministry of Transportation to build the central station on the Ministry’s land. This plan is one of the matters discussed in the coordinating meeting between the provincial gover... [read more]

Buahan Banyan Tree Escape Hotel from Banyan Tree Group in Ubud was included in the list of 15 best luxurious hotels in 2022 from the global organization, Luxury Travel Intelligence (LTI). The hotel which opened in September 2021 was in the 13 position, comprising 16 bale(s) or exclusive villas with... [read more]