The first rest area along the Jakarta Outer Ring Road (JORR) 2 Toll Road is planned to be constructed in July 2025. The type A rest area is located on KM 63 A and B of Cimanggis-Cibitung Toll Road with each has the total land area of 6 hectares on both sides. The total capital expenditure for the co... [read more]

The Bank of Indonesia will focus on maintaining a stable macro economy and financial system. The macro prudential policies are set to be loose and pro-growth to boost intermediation according to the financial cycle through the strengthening of Macroprudential Liquidity Incentives (KLM). Starting fro... [read more]

PT Chandra Asri Pacific Tbk. (Chandra Asri Group) has stated its readiness to build a Chlor Alkali-Ethylene Dichloride (CA-EDC) Plant in Cilegon City, Banten. This project has been designated as a National Strategic Project (PSN) by the Government, as an effort to support sustainable economic growth... [read more]

PT Lippo Karawaci Tbk (LPKR) to accelerate the construction of its latest residential and commercial products to achieve its marketing sales of Rp6.25 trillion this year. In 2024, LPKR achieved Rp6.01 trillion in marketing sales or 112% of its annual target which reflects a 17% growth from the previ... [read more]

PT Pakuwon Nusantara Abadi, a subsidiary of Surabaya-based property giant PT Pakuwon Jati Tbk, received a Land Title Certificate (SHAT) from the IKN Authority on Wednesday (26th February). Currently, the company is developing a bus interchange and will start the construction of Four Points hotel and... [read more]