PT Intiland Development Tbk (DILD) is working on a new industrial estate project called Batang Industrial Park (BIP) in Batang Regency, Central Java. The 500-ha project is seeking to cash in on an uptrend in demand for industrial property while helping to stimulate the economy and the industrial sec... [read more]

Podomoro Golf View (PGV), an exclusive apartment estate, is developing Tower Ekki. The tower is aimed at golf enthusiasts and is surrounded by three golf courses and bordered by the Cikeas River. The tower comprises three unit types namely, studio, two bedrooms, and three bedroom units completed wit... [read more]

Currently, the construction progress of Senen Jaya Wholesale Center at Jalan Pasar Senen, Senen, Central Jakarta has reached 78% and is aimed to be ready for the handover in March 2023. Senen Jaya Block I and II are constructed on a total land area of 2 hectares and comprise 1,693 kiosks with invest... [read more]

The Finance Minister Sri Mulyani Indrawati stated that the assumed inflation rate for 2023 as determined in the Macro Economy Framework and Main Fiscal Policies (KEM PPKF) at 2-4% is realistic. Global inflation rate next year is also estimated to be lower than in the current year due to monetary aus... [read more]

The Central Bureau of Statistics (BPS) recorded May 2022 inflation at 0.40%, resulting in 2022 annual inflation at 2.56% and year to year inflation rate (May 2022 to May 2021) at 3.55%, the highest since 2017 when it was recorded at 3.61%. [read more]