NEWS

The Indonesian Hotel and Restaurant Association (PHRI) recorded hotel occupancy rate increased by approximately 20% to 30% to 70% to 80% during the 2026 school holiday compared from 40% to 50% during regular days. One of the driving factors amidst the sluggish economy recovery was Rupiah depreciatio... [read more]

The Ministry of Public Works (PU) revealed that the Serpong-Balaraja Toll Road will soon have new accesses, namely Simpang Susun Industri and On/off Ramp Raya Serpong. Based on the report from the Toll Road Management Agency (BPJT), both of the accesses are currently under Functional and Operational... [read more]

PT Jakarta Propertindo (Perseroda) (Jakpro) announced that the girder installation along the Velodrome-Manggarai corridor of LRT Jakarta Phase B project has reached 100% completion, thus the progress as of the fourth week of June 2026 reached 94.06%. The project will focus on the continuation and se... [read more]

ESR and PT MC Urban Development Indonesia (MCUDI), a subsidiary of Mitsubishi Corporation, expand their strategic partnership in Indonesia with the construction of two modern logistics and industrial facilities in the Greater Jakarta Area with the total assets value of more than US$80 million. The f... [read more]

Unilever Global to make Sei Mangkei Special Economic Zone (KEK) the only global value chain in North Sumatra with the groundbreaking planned in August 2026. Located in Simalungun Regency, the KEK which was established in 2012 has realized a cumulative investment value of Rp31.8 trillion and absorbed... [read more]