Arena Group is developing a culinary center in the Nusantara Capital City, East Kalimantan, with an investment value reaching Rp 100 billion, adding the accommodation facility in Nusantara Capital. The project is named Arena Botanika IKN and adopts the concept of Premiere Social Compound on a total... [read more]

The data from the Central Bank of Indonesia reported that the Non Performing Loan (NPL) in April 2024 was at 2.72% or increasing from 2.61% in the previous month. This level is also higher than in the period of April 2023, when it was recorded at 2.64%. Meanwhile, the cumulative banking industry’s g... [read more]

The Governor of the Central Bank of Indonesia Perry Warjiyo estimated that the national economy or the Gross Domestic Product of Indonesia may range between 4.8% and 5.6% in 2025. With the macro 2025 assumption, BI also estimated Rupiah exchange rate to be in the range of Rp15,300 to Rp15,700 per US... [read more]

The Yogyakarta-Bawen Toll Road Section 1 Sleman-Banyurejo is aimed to be operational in the first quarter of 2025. The construction progress of Section 1 Sleman-Banyurejo, which has the total length of 8.80 kilometers has reached 72.88%. The remaining four other sections of the toll project are aime... [read more]

Central Bureau of Indonesia (BPS) recorded foreign tourist visits to Indonesia as of April 2024 reached 4.09 million visits, increasing by 24,85% from the same period in 2023. The total in the first quarter of 2024 was the highest in the last 4 years or since 2020. The visits were dominated by touri... [read more]