Bank Indonesia (BI) reported that foreign capital inflows during the period from 5th to 8th august 2024 reached Rp 1.62 trillion. Foreign capital streamed from state bonds (SBN). Cumulatively, from the 1st to the 8th of August, the transaction recorded with net Rp 21.75 trillion net transactions in... [read more]

The Nusantara Hotel, owned by the Nusantara Consortium led by Sugianto Kusuma, also known as Aguan, in Nusantara Capital (IKN) is planned to be operational on 17th August 2024. Currently, there are 127 room units ready to accommodate the 79th Indonesia’s Independence Day. Nusantara Hotel is develope... [read more]

In July 2024, Statistics Indonesia (BPS) recorded Indonesia’s inflation rate at 2.13% annually (yoy), decreasing from 2.51% in the previous month. The Fiscal Policy Agency (BKF) of the Ministry of Finance that despite the lower inflation rate, the government will remain prudent of risks that may imp... [read more]

The spokesperson for the Ministry of Public Works and Housing (PUPR) Endra Atmawidjaja, revealed that currently, the total investment of private domestic investors (PMDN) in Nusantara Capital (IKN) has reached Rp 52.8 trillion. Moreover, the government will soon conduct the seventh groundbreaking wh... [read more]

PT Waskita Karya (Persero) Tbk continues the construction of Phase 1B Light Rail Transit (LRT) Jakarta Velodrome-Manggarai, East Jakarta route, an extension of Phase 1A LRT Jakarta Kelapa Gading-Velodrome, North Jakarta route. Currently, the construction progress has reached 23.156%. The project wit... [read more]