NEWS

PT MRT Jakarta aimed to complete the development of MRT route to Monumen Nasional (Monas) by the end of 2027. Before the operational, a number of tests will be done in the middle of 2027 before the official launch in the end of 2027. The project is a part of the MRT Jakarta phase 2A project which co... [read more]

The Statistics Indonesia (BPS) recorded Indonesia’s inflation in at 3.08% yoy in May 2026 and 0.28% mtm. The core inflation component was recorded with 0.22% inflation, government controlled prices with 0.52%, and volatile prices with 0.22%. This year, the Bank of Indonesia (BI) aimed the inflation... [read more]

The Indonesian Industrial Estate Association (HKI) reported that the industrial estate business remained in the positive growth trend until April 2026, specifically in the Greater Jakarta Area, West Java, Central Java, Batam, and East Java’s industrial corridor amidst cautious global situation. The... [read more]

The Indonesian government issued Government Regulation (PP) No. 20 of 2026, revising the Final Income Tax (PPh Final) at 0.5% for micro, small, and medium-sized businesses (UMKM) as of 22nd April 2026. This regulation specifically aimed at entity Tax Subject (WP), namely individual entity establishe... [read more]

The luxurious residential project Savyavasa in Dharmawangsa, South Jakarta developed by Swire Properties and PT Jakarta Setiabudi Internasional Tbk (JSPT) or the JSI Group has officially entered the unit handover phase. Residing on a total land area of 2.8 hectares and comprising the total of 402 un... [read more]