The Asian Development Bank (ADB) projects Indonesia's economic growth to reach 5% in 2025, lower than the government target of 8% for the 2025-2026 period. Furthermore, the manufacturing sector in Indonesia is estimated to enter the expansive level by the end of this year. [read more]

The International Monetary Fund (IMF) ranked Indonesia in the seventh largest economy with GDP at US$4.98 trillion. The GDP is based on the Purchasing Power Parity (PPP). The first position was filled by China with GDP at US$39.44 trillion. Based on IMF World Economic Outlook (WEO), Indonesia’s econ... [read more]

In the official announcement, Agung Sedayu and Salim Group, PT Pantai Indah Kapuk Dua Tbk (PANI or PIK2), the Kamal-Teluknaga-Rajeg Toll Road Project (Kataraja) which has the total length of 39 kilometers, is planned to start operation in early 2025. This toll road will connect PIK2 with Soekarno-Ha... [read more]

Paramount Land has launched its marketing program Blossoms of Prosperity Chinese New Year 2025 starting from 16th January to 28th February 2025. With this program, Paramount Land not only aims to increase sales, but also strengthen the position of Gading Serpong as the new competitive economic cente... [read more]

The Indonesian Secretary General of Hotel and Restaurant Association (PHRI) Maulana Yusran, stated that the monthly hotel occupancy growth rate was recorded positively in 2024. However, a 1% decline was recorded in November as the government has planned to cut domestic work travel. This market is th... [read more]