The Central Bank of Indonesia Consumer Confidence Survey in August 2024 indicated higher consumer confidence towards the economy compared to in the previous month. The increase was reflected by higher Consumer Confidence Index (IKK) in August at 124.4, increasing from 123.4 in the previous month wit... [read more]

President Joko Widodo (Jokowi) inaugurated four sections of the Sigli-Banda Aceh Toll Road (Sibanceh) on Monday (9th September) comprising Section 2 Seulimeum-Jantho, Section 3 Jantho-Indrapuri, Section 5 Blang Bintang-Kuto Baro, and Section 6 Kuto Baro-Simpang Baitussalam. The four toll lanes are p... [read more]

The topping off of Elevee Condominium, Alam Sutera is scheduled for October 2024 with the handover process to start in December 2025. From the currently under-construction two towers, there are only 150 units available from the total of 550 units. Elevee is a vertical residential with larger unit si... [read more]

PT Perintis Triniti Properti Tbk. (TRIN) achieved nearly Rp 1.1 trillion in marketing sales as of the end of August 2024 or increasing by 114% from Rp 546.9 billion last year. With this achievement, TRIN has reached 91% of its marketing sales target for 2024. The increase was mostly contributed by S... [read more]

The Bank of Indonesia reported Indonesia's foreign exchange reserves stood at US$ 150.2 billion by the end of August 2024, increasing from US$ 145.4 billion in July 2024. [read more]