Vasanta Group through PT Pakuan Tbk in collaboration with PT Diamond Development Indonesia (DDI) have conducted the groundbreaking ceremony of Tilia Cluster Depok in West Jakarta. The cluster comprises types including Protico, The Courtyard and The Terrace with exclusive design concept with greenery... [read more]

Hankyu Hanshin Properties Corp through PT CPM Assets Indonesia, has acquired the commercial estate of Central Park Mall from Agung Podomoro Land (APLN). One of the reasons for the 85% Central Park Mall ownership since 22 September 2022 was Indonesia’s attractive economic growth. Going forward, Hanky... [read more]

The International Monetary Fund (IMF) revised its global economic growth projection for 2023 to 12.7%. In its July 2022 World Economic Outlook report, IMF previously projected the global economy to reach 2.9%. The global economy in 2023 will face three main challenges including, the Russia and Ukrai... [read more]

The Coordinating Minister of Maritime Affairs and Investment Luhut Binsar, stated that Indonesia’s inflation rate of 5.95% is relatively well maintained compared to other countries due to efforts from the government in maintaining stable prices and people's purchasing power. Data from BPS shows that... [read more]

The Ministry of Public Works and Public Housing (PUPR) through Water Supply Directorate General Sumatra II River Area Agency (BWS) accelerates the completion of Lau Simeme Dam Construction in Deli Serdang Regency, North Sumatra (Sumut). The dam of total 21.07 million cubic meters capacity is aimed t... [read more]