The Chairman of PHRI (Indonesian Hotel and Restaurant Association) Jakarta chapter, Sutrisno Iwantono, explained that based on a survey, 96.7% of hotels reported declining occupancy rates. This was mainly caused by the restriction in government activities aimed for efficiency and the increase in ope... [read more]

The Head of the Toll Road Management Agency (BPJT) Wilan Oktavian reported that the construction of Yogyakarta-Bawen Toll Road, which spans the total length of 75.12 km, is accelerated. From the total of six sections, Section 1 of Sleman-Banyurejo which spans the total length of 8.80 km, and Section... [read more]

PT Pelabuhan Indonesia (Persero), or Pelindo started the development of Bali Benoa marina in Bali Maritime Tourism Hub (BMTH), Benoa Port, Bali with the groundbreaking on Thursday (22 May). Bali Benoa Marina resides on a total land area of 3.3 hectares and is divided into three development zones int... [read more]

Based on data from the Ministry of Finance, the State Budget was recorded with Rp4.3 trillion surplus or equal to 0.02% of the Gross Domestic Product (GDP), a turning point after in the last three months of 2025 recorded with consecutive deficits. As of 30 April 2025, the state revenue was recorded... [read more]

The Coordinating Ministry for Economic Affairs recorded the property sector contributed Rp123 trillion investment in 2024. According to data from the Statistics Indonesia (BPS), the real estate sector contributed Rp520.7 trillion to the national Gross Domestic Product (GDP) with growth reaching 2.5%... [read more]