PT Puradelta Lestari Tbk. (DMAS) has allocated a total land area of 300 hectares for Data Center Park in Greenland International Industrial Center (GIIC). As of the end of 2022, the land take-up for the data center business has reached more than 90 hectares with 14 local and international tenants. H... [read more]

PT Agung Podomoro Land (APL) has launched the second phase of Avanya Avega, Podomoro Park Bandung after the success of selling 300 units in three days in the first phase. Avanya Avega is the residential units in Patragriya cluster which includes facilities comprising a swimming pool, a gym, a privat... [read more]

The Bank of Indonesia decided to keep the BI Rate at 6% in the January 2024 Board of Directors Meeting. Moreover, the central bank also kept the deposit facility and the lending facility rates at 5.25% and 6.75%, respectively. These decisions were taken considering the latest global economic conditi... [read more]

Giantara Group accelerates the development of the Giantara Serpong City housing project in Tangerang, Banten with the expectation to conduct the handover ceremony before the end of 2024. Giantara Serpong City is located in Cisauk area and is included in the Serpong Area, a trend center for green pro... [read more]

The government aims to operate Cimanggis-Cibitung Section II B for the coming 2024 Eid al Fitr holiday and to be fully operational in the second quarter of 2024. This section is the remaining lane of Jakarta Outer Ring Road II (JORR II) to be completed. The JORR II toll road connects Soekarno Hatta... [read more]