NEWS

The State Budget (APBN) deficit as of the end of March 2025 reached Rp104.2 trillion or equivalent to 0.43% of the Gross Domestic Product (GDP). This figure accounts for approximately 16.9% of the total state budget deficit target for 2025 of Rp616.2 trillion or 2.53% of GDP. [read more]

The construction project of Jakarta LRT Phase 1B, Velodrome–Manggarai route with the total length of 6.4 kilometers on Jalan Pemuda, Jakarta, reached 47.13% progress on 9th April 2025. The progress includes the structural construction of the elevated lanes which focused on the foundation, the constr... [read more]

The Statistics Indonesia (BPS) reported that the Room Occupancy Rate (TPK) of star-rated hotels reached 48.38% in January 2025, declining by 9.68% from the previous month but increasing by 1.66% annually. In February, TPK was recorded at 47.21%, declining both monthly and annually at 1.17% and 2.24%... [read more]

The Statistics Indonesia (BPS) reported March 2025 Consumer Price Index (CPI) with 1.65% mtm inflation to 107.22 from 105.48 in February 2025. Indonesia’s year on year inflation was recorded with 1.03% increase and the calendar inflation rate with 0.39% increase.  [read more]

PT Summarecon Agung Tbk (SMRA) recorded Rp300 billion in sales from City Hub Commercial, the business units of Summarecon Serpong. The first launch of Summarecon Serpong’s premium commercial product has sold 19 units at prices starting from Rp15 billion to Rp24 billion. The City Hub Commercial offer... [read more]