The Bank Indonesia decided to hold the benchmark interest rate (BI Rate) at 6.25%, the deposit facility at 5.5% and the lending facility at 7% in its Board of Governors Meeting on 16-17 July 2024. The decision is consistent with the pro-stability monetary policy to ensure stable inflation rate withi... [read more]

The Ministry of Public Works and Housing aims to complete the first phase of the Probolinggo-Banyuwangi (Probowangi) Toll Road which comprises 3 sections from Gending to Besuki, a National Strategic Project, to be completed in December 2024. The Toll Road Management Agency (BPJT) recorded the averag... [read more]

PT Pantai Indah Kapuk Dua Tbk (PANI) achieved Rp3.3 trillion in marketing sales in the first semester of 2024 or 60% of its target for 2024 of Rp5.5 trillion. Compared to its achievement in the same period in 2023, this achievement grew b 191% yoy. The largest contributor was the commercial land whi... [read more]

PT Puradelta Lestari Tbk. (DMAS) achieved Rp1.1 trillion in marketing sales in the first semester of 2024 or equal to 60.7% of its target for 2024 of Rp1.81 trillion. This achievement was contributed by the industrial sector, followed by the commercial and residential sector. The data center industr... [read more]

According to the report from Statistics Indonesia (BPS), Indonesia's trade balance was recorded with US$2.39 billion surplus in June 2024. This surplus continued the trend in the last 50 years since May 2020. The surplus also declined by 18.15% from the previous year of US$2.92 billion. [read more]