The Statistics Indonesia (BPS) recorded 13,902,420 international tourist arrivals in 2024. This number increased from 11,677,825 visitors in 2023, the highest since 2020 when it reached 4,052,923 visitors. However, this amount remains lower than the total recorded before the Covid-19 pandemic when i... [read more]

According to the report from the Ministry of Investment/Investment Coordinating Board (BKPM), Indonesia's investment realization reached Rp452.8 trillion in the fourth quarter of 2024. This value increased by 4.9% from Rp431.5 trillion in the previous quarter. From the employment rate, this realizat... [read more]

The Indonesian Secretary General of Hotel and Restaurant Association (PHRI) Maulana Yusran, stated that the monthly hotel occupancy growth rate was recorded positively in 2024. However, a 1% decline was recorded in November as the government has planned to cut domestic work travel. This market is th... [read more]

Paramount Land has launched its marketing program Blossoms of Prosperity Chinese New Year 2025 starting from 16th January to 28th February 2025. With this program, Paramount Land not only aims to increase sales, but also strengthen the position of Gading Serpong as the new competitive economic cente... [read more]

In the official announcement, Agung Sedayu and Salim Group, PT Pantai Indah Kapuk Dua Tbk (PANI or PIK2), the Kamal-Teluknaga-Rajeg Toll Road Project (Kataraja) which has the total length of 39 kilometers, is planned to start operation in early 2025. This toll road will connect PIK2 with Soekarno-Ha... [read more]