The Probolinggo-Banyuwangi (Probowangi) Toll Road Package 3 project currently under construction by PT Wijaya Karya (Persero) Tbk. (WIKA) has reached 74.9% progress and is aimed to be completed in 2025. WIKA adopts the latest technology in the construction process to ensure efficiency and quality of... [read more]

PT Puradelta Lestari Tbk (DMAS) aims to achieve Rp1.81 trillion in 2025. This moderate conservative target considers several issues including the rate of national economic growth and global geopolitical situations. Also the consideration that in early 2025, the demands for industrial estates remaine... [read more]

Sinarmas Land, through EONNA, has launched its third residential cluster in BSD City, named Elyon. This cluster offers the concept of luxury tropical modern houses and for the first phase of marketing is only available for 57 units at prices ranging from Rp5.6 billion to Rp7 billion per unit. Elyon... [read more]

The Chairman of the National Economic Council (DEN) Luhut Binsar Pandjaitan, stated that currently, the government is preparing the technical regulation in forming the family office policy before submitting it to President Prabowo. The team from DEN will synergize with the team from the Ministry of... [read more]

The Ministry of Finance (Kemenkeu) reported that the 2025 State Budget (APBN) recorded a deficit of Rp23.45 trillion as of 31st January. State revenue was recorded at Rp157.32 trillion (5.24% of the target) with state expenditure recorded at Rp180.77 trillion (4.99% of the cap). [read more]