The Central Bank of Indonesia (BI) has estimated that this year’s inflation will be slightly higher than 4%, in line with the targeted inflation of 3% plus-minus 1%. In its Board of Governor Meeting, BI also decided to set the BI 7-Day Reverse Repo Rate (BI-7DRRR) at 3.50%, the deposit facility rate... [read more]

The Minister of Transportation Budi Karya Sumadi stated that the government is planning to develop 10 rest areas along the Jakarta-Semarang Toll Road, Semarang City, Central Java. The government will also prepare a total land area of 100 hectares for the development and provide private entities with... [read more]

PT Hutama Karya through the joint operation (KSO) is working on the development of the Trans Medan – Binjai Railway (KA) in line with the increasing need for public transportation in North Sumatra. Hutama Karya is again trusted to build a railway line, after previously completing several projects of... [read more]

PT Waskita Modern Realti has launched the AVASTA residential estate, which marks the first phase of the Vasaka City township project in North Bekasi. President director of Waskita Modern Realti Dono Parwoto said the launching of the residential project underscores the commitment of the company to de... [read more]

PT Diamond Citra Propertindo presents its latest project D'royale, a residence located in the Cilodong area, West Java. Director of Marketing for Diamond Land Development, Tony Hartono said that the property sector is starting to rise this year, especially the residential sector or landed houses. “L... [read more]