President Joko Widodo (Jokowi) inaugurated the Lima Puluh-Kisaran Toll Road and the Bayung Lencir-Tempino Toll Road on Wednesday (16th October). The Bayung Lencir-Tempino section in Jambi Province spans the total length of 34 kilometers with Rp 5.6 trillion in investment. While Lima Puluh-Kisaran se... [read more]

PT Summarecon Agung Tbk aims to obtain Rp 700 billion from the sales of 172 house units in the Loise cluster at Symphonia in Summarecon Serpong Tangerang, Banten. The landed houses are offered at prices starting from Rp 3.6 billion to Rp 4.5 billion per unit with land area comprising 8x10 square met... [read more]

NPG Indonesia is currently developing a premium residential project, Ecoverse in Bali which includes 34 apartment units and 16 two and three-story townhouse units. The residential project is aimed to be completed in the fourth quarter of 2025 by adopting sustainability features which harmonizes with... [read more]

Indonesia's Foreign Debt (ULT) in August 2024 reached US$425.1 billion, reflecting a 7.3% annual increase. August 2024 foreign debt was recorded at US$200.4 billion or increasing by 4.6% (yoy), higher than the increase in July 2024 of 0.6% (yoy). The Bank of Indonesia considers this debt level to be... [read more]

President Joko Widodo officiated the status of Special Economic Zone for projects developed by PT Bumi Serpong Damai Tbk. (BSDE) and Mayapada group. PT Surya Inter Wisesa (SIW), a subsidiary of BSDE, has invested the total of  Rp 18.8 trillion to develop Banten Education, Technology and Internationa... [read more]