Sahid Hotels & Resorts will expand to Tasikmalaya by launching a 4-star villatel aimed to operate starting the first semester of 2026. This expansion is in collaboration with Andalusia Resort Managed by SAHID. The villatel will have the total of 50 units comprising types including 1 bedroom, 2 bedro... [read more]

The Bank of Indonesia (BI) reported that economic liquidity or broad money (M2) grew by 7% yoy in November 2024, reaching Rp9,175.8 trillion. The November growth was higher than in the previous month when it was recorded at 6.8%, supported by the growth of narrow money (M1) at 9.1% yoy and quasi mon... [read more]

The High Speed Train Whoosh Karawang to start operation on Tuesday (24th December) as an effort to increase services during the 2024 Christmas and 2025 New Year holidays. In the first phase, the station will serve 20 travels comprising 10 departures from Whoosh Halim Station and Whoosh Tegalluar Sum... [read more]

In the 2024 National KEK Work Meeting in Jakarta held on Friday (20th December), the Special Economic Zones (KEK) in Indonesia are aimed to attract a total of Rp76.8 trillion in new investments in 2025. The optimism is supported by the cumulative achievement of Rp256.7 trillion recorded in November... [read more]

PT Bakrieland Development Tbk (Bakrieland) through PT Mutiara Masyhur Sejahtera (MMS) has acquired PT Graha Istana Nirwana (GIN), the owner of Aston Sidoarjo City Hotel & Conference Center (Aston Sidoarjo), through a debt-to-equity conversion. The amount of debt converted reaches Rp93.6 billion. Wit... [read more]