NEWS

The Bank of Indonesia (BI) reported that national foreign debt (ULN) in May 2026 grew by 2.1% yoy to US$444.4 billion at 29.9% ratio to the GDP. Despite the slight increase from 20% in April 2026, this position is manageable. The ULN growth was mainly affected by the inflow of the international bond... [read more]

As of the end of June 2026, the construction progress of Jakarta-Cikampek (Japek) II South Toll Road Package 2A undertaken by PT Hutama Karya Infrastruktur (HKI) in an Operational Cooperation with WIKA-PP-KMK-HKI has reached 84% completion. In addition to the structural work, the concrete road pavin... [read more]

PT Summarecon Agung Tbk (SMRA) launched Ivora Grande in Summarecon Bandung area by adopting the theme of “Best of Our Best-Sellers” which offers the concept of modern residential with adaptive spatial layout. One of the main features is the flexible layout which allows for function modification of t... [read more]

The northbound tunnel of MRT Jakarta connecting Bundaran HI Bank Jakarta Station to Kota Station has fully connected with the total length of 5.8 kilometers. As of 25th June 2026, the completion progress of phase 2A project has reached 6.8%. MRT Jakarta aimed to complete the construction and to star... [read more]

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]