PT Bank Tabungan Negara (BTN) is developing a residential digital platform as one of its strategies to be the one-stop financial inclusion for the public to access mortgage (KPR). Currently, BTN is acquiring venture capital for the digital platform development and after the acquisition the platform... [read more]

The Project Management Office (PMO) of Priority Infrastructure Development Acceleration ComKuala Tanjung - Tebing Tinggi - Parapat Toll Road Project Obtains Additional Funding of Rp 1mittee (KPPIP) for Road and Bridge Sector reported that the Kuala Tanjung – Tebing Tinggi – Parapat Toll Road Project... [read more]

PT Kereta Api Indonesia (KAI) reported that the progress of Jabodebek Light Rail Transit (LRT) project has reached 94.36% as of September 2021 with operation aimed to start in the middle of 2022. Furthermore, to ascertain LRT Jabodebek timely completion, KAI has been proposed to receive State Capita... [read more]

The Governor of the Central Bank of Indonesia (BI) Perry Warjiyo is optimistic that the third quarter of 2021 economy will grow in the positive zone and even touch the highest level of 5% yoy. The economic recovery is estimated to continue with the acceleration of vaccination, robust export performa... [read more]

The Central Bank of Indonesia (BI) decided to hold the benchmark interest rate of BI 7-day Reverse Repo Rate (BI7DRR) at the level of 3.50%, the eight in 2021. BI also maintained the deposit facility and lending facility rates at 2.75% and 4.25%, respectively. These decisions are in line to maintain... [read more]