Bank Indonesia (BI) has implemented several significant measures to maintain a stable Rupiah after Eid al Fitr amidst the escalating conflict in the Middle East and the dynamic of the US economy. Measures taken including maintaining the balance between supply and demand of foreign exchange market th... [read more]

The Head of the Nusantara Capital City Authority (OIKN), Bambang Susantono stated that two star-rated hotels will fully operate on 17th August 2024, welcoming the celebration of the 79th Independence Day of Indonesia. These hot Nusantara Capital City Authority (OIKN) els are, Nusantara Hotel develop... [read more]

The Head of Infrastructure Development Operation Task Force Implementation of Nusantara Capital (IKN) Danis Hidayat Sumadilaga, stated that the First Phase of IKN development to be completed in 2024. This phase comprises the basic infrastructure development for the 2022-2024 duration. The first phas... [read more]

PT Sentul City Tbk. (BKSL) recorded positive performance with positive net profit attributable to the holding entity throughout 2023 at Rp332.3 billion. BKSL also recorded significant positive revenue of 115.56% increase to Rp1.72 billion as of 31 December 2023. In 2022, BKSL recorded its revenue at... [read more]

In 2023, PT Jababeka Tbk (KIJA) records it real estates marketing sales at Rp2.21 trillion or 11% higher than its target of Rp2 trillion in early 2023, and 29% higher than its achievement in 2022 of Rp1.72 trillion. KIJA also recorded its net profit surged to Rp528.6 billion in 2023 from Rp41 billio... [read more]