The Association of Indonesian Real Estate Companies has targeted for Rp50 trillion in non-subsidized housing sales in line with the extension of Tax Added Value incentives for properties until the end of 2021. During the first quarter of 2021, property sales were recorded with a 10% to 20% increase... [read more]

The construction of electricity infrastructure in the Mandalika Circuit area has reached 90% as of June 2021 with the completion aimed before the World Superbike event in November 2021. The construction has been started by the NTB Area Main PLN since January 2001. In addition, the construction also... [read more]

Based on the data from the Central Bureau of Statistics, the number of foreign tourist visits during the January-May 2021 period was recorded at 664,536 visits or decreasing by 77.62% from 2.96 million visits in the same period in 2020. [read more]

The Indonesia Manufacturing Purchasing Managers’ Index (PMI) increased to 54.6 in April from 53.2 in March which indicated an expansion. The data from the Central Bureau of Statistics showed that exports of manufacturing goods had increased by 33.45% (yoy) to US$14.84 billion in March. [read more]

The Central Bureau of Statistics (BPS) recorded a monthly deflation of 0.16% in June, reversing much of the 0.32% increase in May. The Consumer Price Index (CPI) increased by 1.33% (yoy). [read more]