The Central Bank of Indonesia (BI) has decided to keep the BI 7-Days Reverse Repo Rate (BI7DRR) at 3.5% or the lowest level, in the June 2022 BI Board of Governor Meeting. In addition to the key interest rate, BI also decided to keep the deposit facility rate at 2.75% and the lending facility at 4.2... [read more]

Indonesia’s competitive rank declined to 44th from 37th last year, the lowest in the last five years, based on the report from the Institute for Management Development (IMD) World Competitiveness Yearbook 2022. In addition, for the business efficiency category, Indonesia ranked at 31st, declining fr... [read more]

PT Jasa Marga Tbk (JSMR) through its subsidiary, PT Jasamarga Gedebage Cilacap (JGC), who manage the Gedebage-Cilacap Toll Road, is currently in the land inventory stage for the development of the said toll project. This progress is the follow up after the location determination by the West Java Pro... [read more]

PT Angkasa Pura I Bandar Udara Internasional I Gusti Ngurah Rai Bali has officially launched the #BaliCleanEnergy effort by introducing several initiatives which will be implemented to support renewable energy usage, which include the effort to introduce zero emission mobility through E-Bluebird tax... [read more]

Sinar Mas Land and PT. Dwijaya Karya Development continue the development of Upper West, a mixed-use development in BSD City which was awarded as the Best High End Condo Development in the Indonesia Property Award 2021. Currently, the construction progress has reached the podium and upper structure... [read more]