The Indonesia Statistics (BPS) reported Indonesia's trade balance with surplus a of US$31.4 billion in 2024. The fifth year of consecutive surplus since 2021. [read more]

The Bank of Indonesia (BI) has cut its key interest rate by 25 basis points (bps) to 5.75%. The second time BI has cut its key rate in a bid to bring borrowing cost back down, after a period of monetary policy tightening that began in August 2022 lifted the domestic benchmark by a total of 250 bps t... [read more]

PT Metropolitan Land Tbk (MTLA) is optimistic with the prospect in 2025 in the property sector as the Government Bourn Value Added Tax (PPN DTP) incentive is continued. Additional supporting factors including the growing public’s purchasing power, lower interest rate, promotion from developers as we... [read more]

Balikpapan City and Nusantara Capital City (IKN) will be connected by a toll road in June 2025 following significant progress from three of the main sections of IKN Toll Road construction. One of the three main toll roads is Section 3A of IKN Toll Road Karangjoang-KKT Kariangau. Currently, the toll... [read more]

The Nusantara Capital City Authority (OIKN) reported that the overall progress of the Nusantara Capital City (IKN) development, divided into phases 1, 2, and 3, had reached 70.13% as of December 2024. The Acting Deputy for Infrastructure and Facilities at OIKN, Danis H. Sumadilaga, stated that IKN d... [read more]