The Residential Property Price Survey (SHPR) in the first quarter of 2024 was recorded at 1,89% (yoy), followed by 31.6% (yoy) increase in residential property sales. These growth driven PT Summarecon Agung Tbk to inaugurate four projects in a single day, comprising the groundbreaking of Summarecon... [read more]

The Ministry of Finance reported that the State Budget (APBN) maintained a surplus through April 2024 at Rp75,7 trillion. The state revenue realization reached Rp924,9 trillion or equal to 33% of the targeted APBN. This revenue realization is lower than last year. However, the realized spending was... [read more]

The National Strategic Project (PSN) Yogyakarta-Bawen Toll Road with the total length of 75,12 km comprising six sections continues. The construction progress of Section 1 Sleman-Banyurejo has reached 72,88% and Section 6 Ambarawa-Bawen has reached 14,66%. Both of these sections are aimed to be comp... [read more]

The Central Bank of Indonesia (BI) recorded that the growth of property loans increased in April 2024 by 7,8% (yoy) from 7.7% (yoy) in the previous month. The value of the property credit disbursed in April 2024 was recorded at Rp1,351 trillion. Based on contribution, the loan was dominated by loan... [read more]

The Central Bureau of Statistics (BPS) reported the trade balance with US$3.56 billion surplus in April 2024. This surplus is US$1,02 billion less than in March 2024 and US$380 million lower than the surplus in the same period in 2023.  [read more]