The World Bank revised its projection for Indonesia's economic growth in 2025 to 4.7% with the average economic growth until 2027 at 4.8% in its East Asia and Pacific Macro Poverty Outlook, April 2025 Edition. The World Bank highlighted the global and domestic policies uncertainty which affect the e... [read more]

PT Hutama Karya (HK) reported that the construction progress of Betung-Jambi Section IV Toll Road has reached 80% by the end of March 2025. Currently, the project is being constructed by the Toll Road Management Agency (BUJT) of PT Hutama Karya Infrastruktur (PT HKI). The toll road project has the t... [read more]

In 2025, Astra Property’s expansion strategy will focus on the Greater Jakarta area (Jabodetabek) by strengthening its residential and commercial portfolios. Meanwhile, the industrial sector, Astra Property will continue with the development of modern warehouses, following the positive trend in this... [read more]

The Bank of Indonesia (BI) decided to kept the key interest rate or BI Rate at 5.75% in a meeting held on 23-23 April 2025. This decision was taken to keep the interest rate within the targeted range, to maintain Rupiah exchange rate, and to support economic growth. [read more]

The Head of the Nusantara Capital Authority (OIKN) Basuki Hadimuljono, reported that a total investment of Rp132 trillion will flow into Nusantara Capital City (IKN) through the Private Public Partnership. The public companies who invest in IKN through this scheme will be granted with ten to 20 year... [read more]