The Ministry of Finance reported that the State Budget (APBN) maintained a surplus through April 2024 at Rp75,7 trillion. The state revenue realization reached Rp924,9 trillion or equal to 33% of the targeted APBN. This revenue realization is lower than last year. However, the realized spending was... [read more]

President Joko Widodo (Jokowi) is scheduled to inaugurate the National Strategic Project (PSN) Batang Integrated Industrial Area (KITB) or Grand Batang City, in June 2024 and is aimed to operate in July 2024. The Grand Batang City is a project which utilizes the government’s land area with infrastru... [read more]

The Ministry of Transportation aims to complete four National Strategic Projects (PSN) in the transportation sectorin  2024. The four projects are parts of the 10 to be completed transportation PSNs from the total of 35 projects. The four projects including the Lahat-Kertapati Railway, South Java Do... [read more]

The Central Bureau of Statistics (BPS) reported the trade balance with US$3.56 billion surplus in April 2024. This surplus is US$1,02 billion less than in March 2024 and US$380 million lower than the surplus in the same period in 2023.  [read more]

Rp1.45 trillion or increasing by 70% yoy with the largest contribution dominated by the sales of urban development products, comprising Jakarta Garden City, Kota Modern and Modernland Cilejit. To achieve its sales target this year, MDLN launches the Sales Reward 2024 program to appreciate its market... [read more]