Bank Indonesia (BI) has maintained the benchmark interest rate (BI Rate) at 6%, the Deposit Facility rate at 5.25% and the Lending Facility rate at 6.75% in the Bank Indonesia Governors' Meeting (RDG) on 17th-18th December 2024. This decision aligns with the monetary policy direction to ensure infla... [read more]

According to a report from the Statistics Indonesia (BPS), Indonesia's trade balance recorded a surplus of US$4.42 billion in November 2024. This surplus continues the growing trend to 55 consecutive months since May 2020. [read more]

The Coordinating Ministry for Economic Affairs has officially announced the continuation of the Government Borne Value Added Tax (PPN DTP) for property ownership until next year. The incentive is included in the economic policies stimulus package provided in line with the Value Added Tax increase to... [read more]

The premium residential The Maple Hills, offered at prices starting from Rp7.5 billion to Rp8.5 billion per unit in Summarecon Bogor, West Java, has sold out all of its 14 house units in less than one hour and recorded Rp103 billion in revenue. Summarecon Bogor is the seventh township of Summarecon... [read more]

The sales of industrial estates are estimated to positively grow with high level of demand despite the contraction in the national manufacturing. Based on the data from the Ministry of Industry, the total land area of industrial estate reached 94,054 hectares as of November 2024. The occupancy rate... [read more]