PT Kereta Api Indonesia (Persero) or KAI plans to develop the Sudirman area, Central Jakarta into a Transit Oriented Development (TOD) with collaboration with the Government of DKI Jakarta Province, PT MRT Jakarta (Perseroda), and the Indonesia Australia Infrastructure Partnership (KIAT). In the nex... [read more]

PT Lippo Karawaci Tbk. (LPKR) recorded revenue growth from its lifestyle segment, which includes hotels and malls with 13% yoy growth to Rp322 billion. In the first quarter of 2025, LPKR achieved Rp169 billion in net revenue from Rp2,06 trillion in revenue. The EBITDA was recorded at Rp375 billion a... [read more]

Indonesia's investment realization in the first quarter of 2025 reached Rp465.2 trillion or equal to 24.4% of the total investment target for 2025 of Rp1,905.6 trillion. Annually, the investment in the first three months of 2025 increased by 1.59% yoy from the same period last year of Rp401.5 trilli... [read more]

PT Waskita Karya (Persero) Tbk. Reported that the progress construction of the Light Rail Transit (LRT) Jakarta Phase 1B of Velodrome-Manggarai Route has reached 51.19% as of April 2025, or faster than the targeted 50.54%. [read more]

The Bank of Indonesia estimated that April 2025 retail sales to contract by 6.9% from March, when it was recorded with 13.6% growth. The contraction is due to the normalization phase after the increase during the Eid al Ftr national holiday. BI projects April Real Sales Index (IPR) to reach 231.1, p... [read more]