UPDATED NEWS
Bank Indonesia reported the national foreign exchange reserve by the end of March 2025 was at US$157.1 billion. This reserve increased from February 2025 when it was recorded at US$154.5 billion. This amount is equal to 6.7 months of import or 6.5 months of import and government debt payment and app... [read more]
Indonesia is among the 56 countries initially facing a 32% reciprocal tariff from the Trump administration, but has received a temporary reprieve, now subject to the standard 10% tariff like other nations. This delay, according to Trump, is a strategic move to allow negotiation with the numerous cou... [read more]
The State Budget (APBN) deficit as of the end of March 2025 reached Rp104.2 trillion or equivalent to 0.43% of the Gross Domestic Product (GDP). This figure accounts for approximately 16.9% of the total state budget deficit target for 2025 of Rp616.2 trillion or 2.53% of GDP. [read more]
The construction project of Jakarta LRT Phase 1B, Velodrome–Manggarai route with the total length of 6.4 kilometers on Jalan Pemuda, Jakarta, reached 47.13% progress on 9th April 2025. The progress includes the structural construction of the elevated lanes which focused on the foundation, the constr... [read more]
The Statistics Indonesia (BPS) reported that the Room Occupancy Rate (TPK) of star-rated hotels reached 48.38% in January 2025, declining by 9.68% from the previous month but increasing by 1.66% annually. In February, TPK was recorded at 47.21%, declining both monthly and annually at 1.17% and 2.24%... [read more]
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