The Residential Property Price Survey (SHPR) result from the Bank of Indonesia indicates that the annual price of residential property in the primary market increased in the third quarter of 2023 at 1.96% (yoy) annually, higher than the growth recorded in the previous quarter of 1.92% (yoy). The sur... [read more]

PT Metropolitan Land Tbk (MTLA) achieved a total marketing sale of Rp1.3 trillion as of October 2023, or 73% of the targeted total of Rp1.8 trillion. Entering the second semester of 2023, MTLA also recorded Rp301 billion in net profit, an increase of 12% from the previous period of Rp269 billion. MT... [read more]

The Cinere - Jagorawi Toll Road (Cijago) Section 3B Krukut - Limo has completed the functional test process and will soon be operational. The toll project which connects the west and east region from Jakarta Outer Ring Road (JORR) 2 has a total length of 14.64 kilometers. It comprises three sections... [read more]

The Jakarta Elevated Outer Ring-Road (JORR) Cikunir-Ulujami toll road project may start construction in February-March 2024, earlier than the previous target. Previously, the construction based on Toll Road Management Agreement (PPJT) was planned to last for 33 months starting from July 2024 until M... [read more]

Indonesia Central Bureau of Statistics (BPS) reported the October 2023 trade balance was recorded with US3.48 billion surplus, or increased from US$3.41 billion in September 2023. Cumulatively, the total trade surplus from early 2023 until October 2023 was atUS$31.22 billion.  [read more]