Swiss Developer, Andermatt Swiss Alps announced the launch of its latest property product, Silva due to high demand for Andermatt Swiss Alps Apartment and exclusively for investors in the Asia Pacific. Silva is a collection of six luxury apartments with the facilities of high tech rooftop spa and ou... [read more]

Bank credit increased by 1.16% (yoy) in August 2021. Meanwhile, the third party fund (DPK) grew by 8.81% annually. The basic credit interest rate as of August 2021 continued to decline in line with the decline in the principal price funding component and overhead cost at 16 basis points (bps) and 10... [read more]

Based on the report from the Central Bureau of Statistics (BPS), the September 2021 inflation rate was at 1.6% (yoy), increasing from 1.59% (yoy) in August 2020. In September 2021, the deflation was recorded at 0.04% (mom). Meanwhile, the core inflation in September 2021 was recorded at 0.13% (mom). [read more]

The Ministry of Public Work and Public Housing (PUPR) has accelerated the construction of Cileungyi-Sumedang-Dawuan (Cisumdawu) Toll Road with its operation aimed for next year to increase the effective operational of Kertajati Airport, Patimbang Port, as well as the development of Ciayu Majakuning... [read more]

The Coordinating Minister of Maritime and Investment Luhut Binsar Pandjaitan stated that the International Airport I Gusti Ngurah Rai, Bali will be opened for international travelers starting from the 14th October, 2021. However, several conditions for international travelers will be applied, one of... [read more]