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]

Sinar Mas Land aims to achieve Rp430 billion in marketing sales through the sales of its recently launched high end residential product, Trésor in BSD City. The modern luxurious residential will exclusively offer 38 units in the firth phase. Trésor offers two types of houses comprising Gallant at pr... [read more]