Indonesia's Foreign Debt (ULT) in August 2024 reached US$425.1 billion, reflecting a 7.3% annual increase. August 2024 foreign debt was recorded at US$200.4 billion or increasing by 4.6% (yoy), higher than the increase in July 2024 of 0.6% (yoy). The Bank of Indonesia considers this debt level to be... [read more]

NPG Indonesia is currently developing a premium residential project, Ecoverse in Bali which includes 34 apartment units and 16 two and three-story townhouse units. The residential project is aimed to be completed in the fourth quarter of 2025 by adopting sustainability features which harmonizes with... [read more]

The Bandung City Government (Pemkot) aims to accelerate the completion of Bandung Intra Urban Toll Road (BIUTR) to solve traffic congestion. The project is planned to connect the north and south areas of Bandung City as well as linking Padaleunyi through gate 149 and Rumah Sakit Road which ends in C... [read more]

President Joko Widodo officiated the status of Special Economic Zone for projects developed by PT Bumi Serpong Damai Tbk. (BSDE) and Mayapada group. PT Surya Inter Wisesa (SIW), a subsidiary of BSDE, has invested the total of  Rp 18.8 trillion to develop Banten Education, Technology and Internationa... [read more]

The result of the Bank of Indonesia (BI) survey shows that consumers optimism towards the national economy in September 2024 declined. The Consumer Confidence Index (IKK) in September 2024 was recorded at 123.5 or declining from 124.4 in the previous month. [read more]