The Meeting of the Board of Governors of the Central Bank of Indonesia on 18th to 19th October 2021 decided to hold the BI 7-Day Reverse Repo Rate (BI7DRR) at 3.50% to maintain stable exchange rate and financial system amidst low inflation rate estimation and in the effort to support economic growth... [read more]

Swiss Developer, Andermatt Swiss Alps announced the launch of its latest property product, Silva due to high demand for Andermatt Swiss Alps Apartment and exclusively for investors in the Asia Pacific. Silva is a collection of six luxury apartments with the facilities of high tech rooftop spa and ou... [read more]

Karawang International Industrial City (KIIC) will expand its area up to 105 hectares and totaling in approximately 1,500 hectares of development area. The investment for this extension is reaching Rp 1 trillion. The expansion will take 1.5 year and through this expansion, KIIC is confident to achie... [read more]

PT Adhi Commuter Properti (ADCP) will collaborate with China Railway 20 Bureau Group Corporation (CR20G) in completing its ongoing residential projects. The Memorandum of Understanding (MoU) has been signed by the Head Director of ADCP and the Business Manager of CR20G. Currently, there are 11 TOD r... [read more]

The Central Bank of Indonesia (BI: September 2021 Retail Sales May ContractBI) estimated that retail sales in September 2021 will be recorded with contraction compared to the previous month. This estimation is reflected in the September 2021 Real Sales Index which is estimated to reach 190.3 or decl... [read more]