NEWS

The Bank of Indonesia (BI) is confident that the national economy will remain in the positive trend in the third quarter of 2025, despite requiring continuous support to meet the economic capacity. The government also aimed to achieve 5.2% economic growth by the end of 2025. The Statistics Indonesia... [read more]

The Bank of Indonesia (BI) decided to maintain its benchmark interest rate (BI Rate) at 4.75% in the Board of Governors Meeting (RDG) on 21st to 22nd October, while the Deposit Facility and Lending Facility rates kept at 3.75% and 5.5%, respectively. This decision is in line with the relatively lowe... [read more]

Following the acquisition of Rancamaya in Bogor, Sinarmas Land has launched its latest cluster named Burgundy with the total of 348 units. Located in the scenic area of Salak Mountain and Gede Pangrango Mountain, the cluster offers a premium residence focused on the quality of life. Currently, 30 of... [read more]

President Prabowo Subianto stated that the Giant Sea Wall project which spans the total of 535 kilometers will soon start with the aim to counter land subsidence, particularly along the northern coast of Java. The project which will stretch from Banten to Gresik will require up to US$80 billion or a... [read more]

As of September, realized tax revenue was recorded at Rp1,295.3 trillion or equal to 62.4% of the targeted total of Rp2,076.9 trillion. Approximately Rp78.6 trillion must be collected by the Directorate General of Taxes (DJP) in the last three months of 2025. DJP is confident this target can be met... [read more]