The loan disbursement in July 2024 showed a 9% yoy growth, the highest this year. According to data from the Bank of Indonesia (BI), the property loan grew reaching Rp 1,391.3 trillion. This growth started in April 2024, when it reached 7.8% yoy and continued to May 2024 to 8.8%. [read more]

PT Bumi Serpong Damai Tbk. (BSDE) achieved Rp 2.33 trillion in net profit during the first semester of 2024, growing by 94.28% annually (yoy). The growth in net profit was driven by its business performance which reached Rp 7.34 trillion during the January-June 2024 period, or growing by 46.99% from... [read more]

The management of Kertajati Industrial Estate Majalengka (MEM) claims that seven investors have invested in the industrial estate located near the Kertajati Airport, Majalengka Regency, West Java with investment value reaching Rp 40 billion in 2024. This latest industrial estate in Majalengka has th... [read more]

PT Hutama Karya (Persero) continues the construction of two lanes of Betung (Sp. Sekayu)-Tempino-Jambi Section 1A (Betung-Tungkal Jaya) Toll Road with the total length of 30.7 kilometers and Section 4 (Interchange (IC) Tempino-IC Ness) with the total length of 18.5 kilometers. This construction also... [read more]

The Bank of Indonesia (BI) decided to keep the benchmark interest rate (BI Rate) at 6.25%, the deposit facility rate at 5.5%, and the lending facility rate at 7% in the 20th to 21st August BI Governors Board Meeting. This decision focuses on the pro-stability monetary policies and Rupiah’s stable ex... [read more]