The Mayor of South Tangerang Benjamin Davnie announced that the Jakarta to South Tangerang Mass Rapid Transit (MRT) project will soon be realized. The project design has passed the feasibility study and undergone several Focus Group Discussions (FDGs) with various stakeholders in choosing and settin... [read more]

PT Bumi Serpong Damai Tbk. (BSDE) recorded its marketing sales achievement at Rp2.43 trillion in the first quarter of 2025 which reflects a 9% growth from the achievement in the same period last year. From the total achievement, the residential segment contributed the most at Rp1.28 trillion or 53%... [read more]

The World Bank revised its projection for Indonesia's economic growth in 2025 to 4.7% with the average economic growth until 2027 at 4.8% in its East Asia and Pacific Macro Poverty Outlook, April 2025 Edition. The World Bank highlighted the global and domestic policies uncertainty which affect the e... [read more]

In 2025, Astra Property’s expansion strategy will focus on the Greater Jakarta area (Jabodetabek) by strengthening its residential and commercial portfolios. Meanwhile, the industrial sector, Astra Property will continue with the development of modern warehouses, following the positive trend in this... [read more]

The Bank of Indonesia (BI) decided to kept the key interest rate or BI Rate at 5.75% in a meeting held on 23-23 April 2025. This decision was taken to keep the interest rate within the targeted range, to maintain Rupiah exchange rate, and to support economic growth. [read more]