The development of Greater Jakarta Light Rail Transit (LRT) is aimed to start operation in June 2022 with 31 trainsets to serve up to 500,000 passengers per day. A trial-run from TMII Station to Harjamukti Station has been conducted at 80 kilometers per hour speed with no considerable issues. The op... [read more]

Toll Road Management Agency of PUPR Ministry aims to construct 2,500 km toll roads until 2024 by relying on technology to sustain its toll road investment. The construction of the toll roads will be done in four stages. The first stage is the initiation of toll road business transformation in the 19... [read more]

PT Waskita Karya (Persero) prepares a number of property projects as a part of its expansion plan worth Rp92 trillion for the next few years, including a project to be developed by its subsidiary, Waskita Modern Realty (West Java) by cooperating with Modernland Group to develop 600 hectares land are... [read more]

PT Summarecon Agung Tbk. to cooperate with Toyota Housing Crop Ltd. to develop a Japanese-styled residential in Karawang, West Java in two clusters in Summarecon Emerald Karawang with the total of 550 units. This month, the first cluster named Harumi Homes of 332 units has been officially launched.... [read more]

BI is optimistic that the positive economic recovery trend in the third quarter of 2020 will continue to the fourth quarter, albeit restricted, with the support of government’s spending. The trade balance in the third quarter of 2020 was recorded with US$8.03 billion surplus, improving from US$2.89... [read more]