NEWS

The Indonesian government has set the 2026 tax revenue at Rp2,357.7 trillion, reaching a 23% increase from last year’s realization. One of the main sources is the entity value added tax (PPh), which is set at approximately Rp434.42 trillion or 35.16% increase from 2025 realization of Rp321.4 trillio... [read more]

The International Monetary Fund (IMF) estimated that Indonesia’s economy may grow 5% in 2025 and 5.1% in 2026. This estimation is higher than the estimation in the October 2025 Edition of World Economic Outlook report at 4.9% for 2025 and 2026. IMF also stated that core inflation to be well-maintain... [read more]

Sinar Mas Land is confident to realize 90% of its 2025 marketing sales target. This optimism is supported with the achievement of approximately 72% realization of the targeted Rp10 trillion as of September 2025, and conducive funding conditions. However, Sinar Mas Land has not set its marketing sale... [read more]

PT Intra Golflink Resorts Tbk continued the development of the New Kuta Golf area in Bali with the launching of Cluster 2 Type 2 The Links Golf Villa comprising 43 villa units in New Kuta Golf, Bali. The construction is carried out by its subsidiary, PT New Kuta Golf and Ocean View with the topping... [read more]

The Head of DKI Jakarta Region Revenue Agency (Bapenda) Lusiana Herwati stated that the region tax revenue from Land and Building Rights Ownership Duty (BPHTB) only reached 57.98% realization or at Rp6.01 trillion from the targeted Rp10.37 trillion for 2025. This achievement was lower than other tax... [read more]