The Bank of Indonesia (BI) decided to maintain its key interest rate (BI Rate) at 5.5% in the Bank Indonesia Board of Governors Meeting (RDG BI) held on 17th to 18th June. Furthermore, the deposit facility rate was also held at 5.75% and the lending facility rate at 6.25%. These decisions are in lin... [read more]

The May 2025 State Budget (APBN) recorded a deficit of Rp21 trillion. The Minister of Finance Sri Mulyani Indrawati explained that state revenue in the January to May 2025 period reached Rp995.3 trillion. Tax revenue amounted to Rp683.3 trillion, or 31.2% of the 2025 target of Rp2,189.2 trillion or... [read more]

The Provincial Government of Bali and Jakarta Special Region have signed the cooperation for the guidance and the development of Bali Urban Rail and Associate Development or Bali Subway project. The investment scheme of the project development will involve private companies and exclude government fu... [read more]

The IKN Authority to develop a total of 12.2 kilometers roads with the contract value of Rp2.04 trillion, this is the first project to be developed by IKN Authority under the open bid and selection scheme. The contract signing was conducted in the City Hall, the IKN Authority Office on Wednesday (11... [read more]

PT Modernland Realty Tbk launched Alder Signature house type, its latest product in Modern Waterfront Residence Cluster, Kota Modern, Tangerang in the groundbreaking ceremony on Saturday (14th June). The Alder Signature type is designed for a modern family, comprising three bedrooms, an open communa... [read more]