NEWS

The Nusantara Hotel, owned by the Nusantara Consortium led by Sugianto Kusuma, also known as Aguan, in Nusantara Capital (IKN) is planned to be operational on 17th August 2024. Currently, there are 127 room units ready to accommodate the 79th Indonesia’s Independence Day. Nusantara Hotel is develope... [read more]

In July 2024, Statistics Indonesia (BPS) recorded Indonesia’s inflation rate at 2.13% annually (yoy), decreasing from 2.51% in the previous month. The Fiscal Policy Agency (BKF) of the Ministry of Finance that despite the lower inflation rate, the government will remain prudent of risks that may imp... [read more]

The spokesperson for the Ministry of Public Works and Housing (PUPR) Endra Atmawidjaja, revealed that currently, the total investment of private domestic investors (PMDN) in Nusantara Capital (IKN) has reached Rp 52.8 trillion. Moreover, the government will soon conduct the seventh groundbreaking wh... [read more]

PT Waskita Karya (Persero) Tbk continues the construction of Phase 1B Light Rail Transit (LRT) Jakarta Velodrome-Manggarai, East Jakarta route, an extension of Phase 1A LRT Jakarta Kelapa Gading-Velodrome, North Jakarta route. Currently, the construction progress has reached 23.156%. The project wit... [read more]

The Statistics Indonesia (BPS) recorded Indonesia’s economic growth reaching 5.05% with the government capital spending reaching 1.42%, lower than the spending in the first quarter of 2024 which was recorded at 19.9%. Based on the Gross Domestic Product (GDP) on the current price, Indonesia’s econom... [read more]