NEWS

President Joko Widodo (Jokowi) inaugurated four sections of the Sigli-Banda Aceh Toll Road (Sibanceh) on Monday (9th September) comprising Section 2 Seulimeum-Jantho, Section 3 Jantho-Indrapuri, Section 5 Blang Bintang-Kuto Baro, and Section 6 Kuto Baro-Simpang Baitussalam. The four toll lanes are p... [read more]

The Central Bank of Indonesia Consumer Confidence Survey in August 2024 indicated higher consumer confidence towards the economy compared to in the previous month. The increase was reflected by higher Consumer Confidence Index (IKK) in August at 124.4, increasing from 123.4 in the previous month wit... [read more]

The Bank of Indonesia reported Indonesia's foreign exchange reserves stood at US$ 150.2 billion by the end of August 2024, increasing from US$ 145.4 billion in July 2024. [read more]

Sahid Group expands into the hospitality industry by collaborating with PT Putra Musi Abadi in transforming Fave Hotel into Sahid Soekarno-Hatta Hotel, a 3-star hotel with only 10 minutes’ drive from Soekarno-Hatta Airport. The hotel offers 175 room units in various types, a restaurant and various f... [read more]

Lippoland launched Cendana Suites in Tanjung Bunga, Makassar following the success of XYZ Livin in Green River View. This product will be developed in the Waterfront city Tanjung Bunga area, a prime location neighbouring the Trans Studio Makassar. The house units will comprise luxurious 3 bedrooms a... [read more]