President Joko Widodo (Jokowi) inaugurated the Singkawang Airport in West Kalimantan. He stated that this project is a collaboration between the government and private entities through Public Private Partnership (KPBU) and CSR from some prominent entrepreneurs from Singkawang. The Minister of Transp... [read more]

The Central Bank of Indonesia (BI) decided to keep the BI Policy Rate at 6%, the Deposit Facility rate at 5.25%, and the Lending Facility rate at 6.75% in the Board of Governors Meeting (RDG) on 19th to 20th March 2024. This decision is consistent and is focused on the pro stability monetary policie... [read more]

The Nusantara Capital City Authority (OIKN) is optimistic that the investment project from Nusantara Consortium, lead by Sugianto Kusuma, alias Aguan, the Nusantara Hotel in IKN will be completed in August 2024. The head of Nusantara Authority Bambang Susantono aims to operate a total of 200 rooms i... [read more]

The Coordinating Minister for Economic Affairs Airlangga Hartarto states, that there are 14 National Strategic Projects to be funded by private fundings. This decision has been approved by President Joko Widodo with the aim to increase job opportunities without weighing the State Budget as the whole... [read more]

Based on data from the Central Bureau of Statistics (BPS), Indonesia's trade balance recorded a surplus of US$0.87 billion in February 2024. This surplus trend continues for the 46th consecutive months since May 2020. [read more]