Indonesia booked a trade surplus of US$1.27 billion in June as exports and imports rose from decline in May, signaling increasing economic activities as trading partners have begun to lift coronavirus-induced restriction. Export increased 2.28% (YOY) in June at US$12.03 billion, as announced by the... [read more]

Paramount Land will launch Nara Village, its latest residential which adopts the concept of Japanese Healthy Living in a multi-accessed location in Gading Serpong next to BSD City, in phases for the total of 128 units with price starting from Rp1.7 billion (including value added tax) per unit. Each... [read more]

Swancity and Mitsubishi Estate Residence form a joint venture named PT Swancity MJR Investment Tangerang to develop a small Japanese-style township on a 27.39-hectare land area in the heart of Tangerang New City (TNG). The project is named Daisan following the success of Lavon phase 1 and 2 which pr... [read more]

The Central Bank of Indonesia decided to cut the BI 7-Day Reverse Repo Rate by 25 bps to 4% to accelerate the national economic recovery. In line with the cut, deposit facility was also cut by 25 bps to 3.25% and the lending facility to 4.75%. This was in the right momentum with Indonesia’s June exp... [read more]

In 2020, Ngloram Airport in Blora will extend its runway from 1,200 meters to 1,500 meters. The first landing on the runway is planned to be conducted on 17 September 2020, right on the National Transportation Day and next be available to serve ATR 72 type airplane, which currently under review by G... [read more]