Through its subsidiary, PT Saka Industrial Arjaya (SIA), Astra Property has signed a conditional agreement to acquire a majority stake in PT Mega Manunggal Property Tbk (MMP). Based on the Conditional Share Transaction Agreement, SIA will acquire approximately 83.67% of MMP’s shares. This expansion... [read more]

The Ministry of Public Works expedites the construction of Patimban Access Toll Road to connect the Trans Java Toll Road with the Patimban International Port in West Java. The toll road which spans the total of 37.05 kilometers will directly be connected with the Cikopo-Palimanan (Cipali) Toll Lane.... [read more]

The Minister of Coordinating Minister for Economic Affairs Airlangga Hartarto reported that the import tariff cut from the United States from 32% to 19% can be implemented before the first of August 2025. The tariff implementation will depend on the issued bilateral joint statement. However, the bas... [read more]

The Bank of Indonesia (BI) will launch Payment ID on Indonesia's Independence Day on 17th August. Payment ID is a unique code integrated with the National Identification Number (NIK) and is designed to optimize granular data and is a part of 2030 Indonesia Blueprint Payment System (BSPI). Payment ID... [read more]

PT Asia Mas Realty officially launched Canggu Hills, an integrated development project on a total land area of ±10 hectares by adopting the concept of “Freedom Defined by You,”  where the consumers are free to choose and express the architectural style of their units. This project is designed to pre... [read more]