NEWS

The Indonesian government and the House of Representatives (DPR) have agreed to set the 2027 economic growth target at 5.8%-6.5% as the foundation to reach 8% growth, .5%-3.5% inflation rate, Rupiah at Rp16,800-Rp17,500 per US Dollar, and the budget deficit at 1.8%-2.4% of the Gross Domestic Product... [read more]

PT Alam Sutera Realty Tbk. (ASRI) aimed to achieve Rp2.8 trillion in marketing sales with the contribution from Alam Sutera residential reaching Rp1.6 trillion, Suvarna Sutera reaching Rp700 billion, and its commercial units reaching Rp500 billion. Meanwhile, its revenue in the first quarter of 2026... [read more]

PT Intiland Development Tbk. (DILD) has set its marketing sales target at Rp1.95 trillion for 2026 or 21.1% higher from Rp1.61 trillion in 2025. DILD has also prepared a number of new projects to support its sales growth, including the development of a new industrial estate in East Java and the laun... [read more]

The Bank of Indonesia (BI) reported the national foreign currency reserve by the end of May 2025 at US$144.9 billion or declined by US$1.3 billion monthly or by US$1.6 billion since January until May 2026, the lowest since June 2024, amidst Rupiah depreciation to Rp18,100 per US Dollar. This positio... [read more]

The Bank of Indonesia (BI) decided to raise its benchmark interest rate or the BI Rate, by 25 basis points (bps) to 5.5% on Tuesday (9th June) as the result of depreciated Rupiah above Rp18,000 per US Dollar. Similarly, the Deposit Facility rate and the Lending Facility were also increased by 25 bps... [read more]