State-owned construction firm PT Hutama Karya (Persero) booked Rp 8.45 trillion worth of contracts in 2021, comprising Rp4.42 trillion in joint operation agreement (KSO) and Rp 4.03 trillion in non-KSO contracts. As of September 2021, earnings before interest, taxes, depreciation and amortization (E... [read more]

PT Daya Property Services (DPS) launched a property buying and selling site, especially the primary market segment, RoomA21.com to anticipate the increasing public interest in searching for properties online. Founder of Real Estate & Mortgage Institute (REMI) and Rooma21.com, Djoko Yoewono said, the... [read more]

The Ministry of Public Works and Public Housing targets the construction of the Bekasi-Cawang-Kampung Melayu (Becakayu) Toll Road to be completed by 2024. The government will support the completion of the 23.68 km road by helping the developer resolve the land and funding issues. [read more]

Toll Road Authority announces the construction plan for the second toll road in Borneo Island, I.e. in West Kalimantan, which will connect Pontianak and Kijing Port. This project is expected to become part of development plan for industrial estate, and accommodate distribution of commodity and traff... [read more]

The Central Bank of Indonesia (BI) will hold a low interest rate policy in 2022. The current benchmark BI-7 Day Reverse Repo Rate (BI7DRR) is at 3.5%, record lowest, and will be kept at least until the end of the first semester of 2022.  [read more]