NEWS

The IMF has increased Indonesia’s 2026 economic growth forecast to 5.1% from 5.0%, while maintaining its 2027 projection at 5.1%. Inflation is now expected to reach 3.3% in 2026 before easing to 2.8% the following year. The revision aligns with improving views from other global institutions, includi... [read more]

Sahid Hotels & Resorts has expanded its portfolio by managing De Auraya Villas, a Rp70 billion four-star resort in Pangandaran. The development comprises 152 rooms and villas supported by facilities aimed at leisure and MICE markets. A soft opening is planned for December 2026, while villas are bein... [read more]

IHG Hotels & Resorts has partnered with PT Raka Eka Makmur to develop Hotel Indigo Yogyakarta, targeted to open in 2029. The 180-room hotel will feature dining, wellness, and event facilities. Reflecting Yogyakarta’s local character, the property will cater to both leisure and business travelers. Th... [read more]

PT Pantai Indah Kapuk Dua Tbk (PANI) recorded marketing sales of Rp1.9 trillion in the first half of 2026, representing a 66% year-on-year increase. Despite the strong growth, the achievement accounts for only 45% of the company's full-year target of Rp4.3 trillion, leaving around Rp2.4 trillion to... [read more]

Construction of Section 1 of the Kamal-Teluknaga-Rajeg (Kataraja) Toll Road has reached 94.9%, indicating the project is nearing completion. Developed by PT PP (Persero) Tbk, the section will improve connectivity between North Jakarta and Tangerang, Banten. Progress accelerated after the Ramp 1 brid... [read more]