The Central Bank of Indonesia (BI) set the 7-Days Reverse Repo Rate in the Board of Governors Meeting April 2021 to 3.50%, to maintain stable Rupiah. BI also kept the Deposit Facility at 2.75% and the Lending Facility at 4.25%. [read more]

The Central Bank of Indonesia (BI) revised its estimation for 2021 national economic growth to range between 4.1% and 5.1%. Previously, BI estimated the national economy to grow between 4.3% and 5.3%. [read more]

President Joko “Jokowi” Widodo has offered the German Chancellor Angela Merkel during a closed-door virtual meeting to open an area designated for German companies within the Batang Integrated Industrial Park in Central Java. Indonesia and Germany have a comprehensive partnership agreement under the... [read more]

PT Sentul City Tbk. (BKSL) officially sold AEON Mall Sentul City at Rp1.9 trillion to PT AEON Mall Indonesia. From this transaction, Sentul City will allocate the fund for its operational, agreement payment and improve its business cash flow. [read more]

PT Adhi Commuter Properti (ADCP) cooperates with Perum Pengangkutan Penumpang Djakarta (PPD) to develop a Transit Oriented Development with access of Rapid Transit Bus (TransJakarta) on a total land area of 52,875 square meters owned by PPD. The project is named Oase Park – Member of LRT City with a... [read more]