In the 2024 National KEK Work Meeting in Jakarta held on Friday (20th December), the Special Economic Zones (KEK) in Indonesia are aimed to attract a total of Rp76.8 trillion in new investments in 2025. The optimism is supported by the cumulative achievement of Rp256.7 trillion recorded in November... [read more]

PT Bakrieland Development Tbk (Bakrieland) through PT Mutiara Masyhur Sejahtera (MMS) has acquired PT Graha Istana Nirwana (GIN), the owner of Aston Sidoarjo City Hotel & Conference Center (Aston Sidoarjo), through a debt-to-equity conversion. The amount of debt converted reaches Rp93.6 billion. Wit... [read more]

PT Putragaya Wahana is optimist that the occupancy rate in the shopping and office center Thamrin Nine Complex will increase and reach 100% in 2025. The multifunction development complex becomes the residential of the tallest building in Indonesia, namely the Autograph Tower which stands the total h... [read more]

The Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that the Minister of Finance Regulation (PMK) governing luxury goods and services subject to the 12% Value Added Tax (PPN) will be issued before January 2025. In this regulation the government will regulate the category for l... [read more]

PT Karawang Citra Pertiwi (Arrayan Group) has launched the second phase of Tivoli Garden Cluster, comprising 418 units, in Karawang, West Java. The cluster is located within Socia Garden integrated residential area, which resides on a total land area of 17 hectares. This phase offers only one type o... [read more]