NEWS

Velodrome-Manggarai Route of the Jakarta LRT Phase 1B is aimed to be operational in August 2026. The route which spans the total of 6.4 kilometers, comprises five stations whose names will soon be determined. The Provincial Government of DKI Jakarta and PT Jakarta Propertindo (Jakpro) have also plan... [read more]

PT Intiland Development Tbk. (DILD) has set its marketing sales target at Rp1.95 trillion for 2026 or 21.1% higher from Rp1.61 trillion in 2025. DILD has also prepared a number of new projects to support its sales growth, including the development of a new industrial estate in East Java and the laun... [read more]

The Bank of Indonesia (BI) reported the national foreign currency reserve by the end of May 2025 at US$144.9 billion or declined by US$1.3 billion monthly or by US$1.6 billion since January until May 2026, the lowest since June 2024, amidst Rupiah depreciation to Rp18,100 per US Dollar. This positio... [read more]

The Bank of Indonesia (BI) decided to raise its benchmark interest rate or the BI Rate, by 25 basis points (bps) to 5.5% on Tuesday (9th June) as the result of depreciated Rupiah above Rp18,000 per US Dollar. Similarly, the Deposit Facility rate and the Lending Facility were also increased by 25 bps... [read more]

The government in collaboration with the Directorate General of Road Infrastructure has aimed to operate new toll roads which total span reaching 1,500 kilometers by the end of 2029, as contained in the 2025-2029 Strategic Plans (Renstra) compiled by the Toll Road Management Agency (BPJT). Currently... [read more]