NEWS

Java Northern Coast Management Authority Agency (BOPPJ) stated that the Giant Sea Wall (GSW) project will be constructed across 25 regencies/cities along Java’s northern coast lane with the total investment reaching US$100 billion. The construction will be partially funded by the State Budget (APBN)... [read more]

As of January 2026, Indonesia’s fiscal deficit was recorded at Rp54.6 trillion or equal to 9.21% of the Gross Regional Product (GDP) and 7.9% of the State Budget limit (APBN). The government set the expenditure at Rp809 trillion for 2026 with realization in January 2026 recorded at Rp227.3 trillion... [read more]

The Jakarta MRT Phase 2A project which runs north-south from Bundaran HI to Kota, has reached 56.88% completion with its full operation targeted in 2029. This phase will connect Bundaran HI Bank Jakarta Station to Kota which spans the total of 5.8 kilometers and comprising seven subway stations. Thi... [read more]

The Governor of Central Java Ahmad Luthfi stated that nine regencies/cities in Central Java will submit proposals for the development of industrial estates. The regencies/cities includes Rembang, Demak, Semarang City, Kendal, Batang, Brebes, Cilacap, Banyumas, and Kebumen with the development adjust... [read more]

PT Matahari Putra Prima Tbk (MPPA) of Lippo Group, aggressively expanding this early 2026 by acquisitioning a number of lands and buildings in various places in Java Island for its outlets. The total transaction as of 18th February 2026 reached Rp780 billion. The transactions were material as MPPA’s... [read more]