The Central of Bank Indonesia (BI) reported that several indicators have shown a sign of economic recovery in the fourth quarter of 2020 despite the economic growth still recorded at minus 2.19%. As previously not expected by the Central Bank, the realized economic growth in the fourth quarter was b... [read more]

By introducing the brand of Lost Lindenberger, the German-based international hotel chain officially launches its property in Pekutatan, West Bali. In a secluded location, Lost Lindenberger only presents eight rooms within an exquisitely designed stilt buildings which are interconnected, but it is s... [read more]

The Provincial Government of DKI Jakarta issues Governor Regulation Number 118/2020 regarding Spatial Use Permit to hasten permit and boost property sector as a non-financial stimulus with the aim of improving property industry growth during the Covid-19 pandemic. This regulation simplifies and acce... [read more]

The primary contractor of Dhoho Kediri Airport, PT PP Presisi Tbk. (PPRE) reports the project development has progress by approximately 35% which includes the site clearance, earthworks and diversion and drainage with the first phase of construction contract value of Rp1.9 trillion. Once completed,... [read more]

Indonesia’s economy in 2021 is estimated to grow within the 4.5% to 5.5% (yoy) range with the average of 5% (yoy). It is the same as the previous estimation after the 2020 economic growth report from the Central Bureau of Statistics (BPS) stated the economy to contract by 2.07% (yoy) in 2020. This f... [read more]