The Hyatt Place officially operates Hyatt Place Makassar in Indonesia, located at Jl. Jend Sudirman 31, South Sulawesi, on Saturday (17th February). This hotel is the third property collaboration between Paradise Indonesia and Hyatt Hotels Corporation. In developing the 31 floors hotel, Paradise Ind... [read more]

Based on data from the Central Bureau of Statistics (BPS), Indonesia’s trade balance was recorded with US$2.02 billion surplus in January 2024, continuing the uptrend in the last 45 months since May 2020. However, the value of the surplus in January 2024 was 38.60% lower than in the previous month w... [read more]

The Finance Ministry’s draft of Macroeconomic Projection and Fiscal Policy (KEM-PPKF) projects the economy will grow between 5.5% and 6% in 2025, considerable stronger than the GDP growth of around 5% for the most of the past decade, except the years of the Corona Virus pandemic and subsequent recov... [read more]

PT Gudang Garam Tbk will develop the Kediri-Tulungagung Toll Road project in East Java Province through PT Surya Sapta Agung Tol (SSAT), a joint operation entity with PT Suryaduta Investama. The establishment of SSAT is to comply with the regulation as stated in the Appointment Letter of the Ministr... [read more]

The January 2024 Consumer Survey conducted by the Bank of Indonesia indicates that the consumers’ confidence to the economy increased from the previous month. This is reflected by the January 2024 Consumers’ Confidence Index (IKK) at 125.0, increased from 123.8 in the previous month.   [read more]