PT MRT Jakarta aims to complete the development of segment 1 MRT Phase 2A of CP201 contract package which includes Bundaran HI to Harmoni in April 2025, while Phase 2A MRT Harmoni-Kota to be completed in 2027. The progress of segment 1 MRT Jakarta phase 2A as of March 2021 has reached 12.58%. [read more]

The Central Bank of Indonesia (BI) set the 7-Days Reverse Repo Rate in the Board of Governors Meeting April 2021 to 3.50%, to maintain stable Rupiah. BI also kept the Deposit Facility at 2.75% and the Lending Facility at 4.25%. [read more]

The Central Bank of Indonesia (BI) revised its estimation for 2021 national economic growth to range between 4.1% and 5.1%. Previously, BI estimated the national economy to grow between 4.3% and 5.3%. [read more]

President Joko “Jokowi” Widodo has offered the German Chancellor Angela Merkel during a closed-door virtual meeting to open an area designated for German companies within the Batang Integrated Industrial Park in Central Java. Indonesia and Germany have a comprehensive partnership agreement under the... [read more]

PT Sentul City Tbk. (BKSL) officially sold AEON Mall Sentul City at Rp1.9 trillion to PT AEON Mall Indonesia. From this transaction, Sentul City will allocate the fund for its operational, agreement payment and improve its business cash flow. [read more]