NEWS

S&P Global Ratings has kept Indonesia’s credit ratings at BBB or at the investment grade for long term debt and A-2 for short term loan. In its announcement, S&P also kept Indonesia’s outlook at the stable level with the National Budget (APBN) deficit at 2.9% of the Gross Domestic Product in 2026 an... [read more]

Kawasan komersial baru Paramount Gading Serpong di Manhattan District, yang terdiri dari Hampton Square, Hampton Avenue, Hampton Promenade, dan Hampton Walk, mencatat tingkat okupansi yang melampaui 81% pada akhir Juni 2026. Kawasan ini  dirancang sebagai pusat aktivitas bisnis, kuliner, ritel, hibu... [read more]

Sinarmas Land officially launched Grand City Samarinda, the first township development in the capital of East Kalimantan. The project resides on a total land area of more than 70 hectares by integrating residential, commercial, and open green space functions by preserving three natural lakes in the... [read more]

The Indonesian Hotel and Restaurant Association (PHRI) recorded hotel occupancy rate increased by approximately 20% to 30% to 70% to 80% during the 2026 school holiday compared from 40% to 50% during regular days. One of the driving factors amidst the sluggish economy recovery was Rupiah depreciatio... [read more]

The Ministry of Public Works (PU) revealed that the Serpong-Balaraja Toll Road will soon have new accesses, namely Simpang Susun Industri and On/off Ramp Raya Serpong. Based on the report from the Toll Road Management Agency (BPJT), both of the accesses are currently under Functional and Operational... [read more]