The Ministry of Public Works (PU) will optimize the Public-Private Partnership (KPBU) scheme to complete national infrastructure projects after the efficiency measures set in the 2025 State Budget at Rp81.38 trillion. The funding for the 2025-2029 KPBU is aimed to reach Rp544.48 trillion. This fund... [read more]

Verde Two, an apartment project from Farpoint and Asia Green Real Estate, has achieved the highest certification of Excellence in Design for Greater Efficiencies (EDGE) Zero Carbon, an international certification from the International Finance Corporation (IFC), a member of the World Bank. The total... [read more]

PT Bumi Serpong Damai Tbk (BSDE) records its marketing sales at Rp9.72 trillion in 2024, higher than the previously targeted of Rp9.50 trillion, and showing 2% growth from 2023. BSDE also reported that the residential segment became the largest contributor at Rp5.40 trillion or 56% of the total mark... [read more]

The Statistics Indonesia (BPS) reported that Indonesia's economic growth in 2024 reached only 5.03%. This growth is lower compared to 2023, which was at 5.05%, and fell short of the target set in the 2024 State Budget (APBN) macroeconomic assumptions at 5.2%. [read more]

PT Ciputra Development Tbk (CTRA) achieved Rp11.02 trillion in marketing sales throughout 2024, an 8% yoy increase from Rp10.2 trillion in the previous year. In detail, the revenue from regular sales comprised Rp8.028 trillion and the revenue from subsidized sales of Government Tax Borne Value Added... [read more]