In the official announcement, Agung Sedayu and Salim Group, PT Pantai Indah Kapuk Dua Tbk (PANI or PIK2), the Kamal-Teluknaga-Rajeg Toll Road Project (Kataraja) which has the total length of 39 kilometers, is planned to start operation in early 2025. This toll road will connect PIK2 with Soekarno-Ha... [read more]

The International Monetary Fund (IMF) ranked Indonesia in the seventh largest economy with GDP at US$4.98 trillion. The GDP is based on the Purchasing Power Parity (PPP). The first position was filled by China with GDP at US$39.44 trillion. Based on IMF World Economic Outlook (WEO), Indonesia’s econ... [read more]

The Asian Development Bank (ADB) projects Indonesia's economic growth to reach 5% in 2025, lower than the government target of 8% for the 2025-2026 period. Furthermore, the manufacturing sector in Indonesia is estimated to enter the expansive level by the end of this year. [read more]

PT PP Properti Tbk (PPRO) presents one of its flagship projects designed with the concept of a student residence, the Evenciio Apartment in Depok, which offers exclusive living spaces to cater the lifestyle needs of modern students and supporting their academic and social development. The apartment... [read more]

PT Pantai Indah Kapuk Dua Tbk (PANI), the developer of Pantai Indah Kapuk 2 (PIK 2), achieved Rp6.01 trillion, or 100.3% higher than the target for 2024. PANI previously set its marketing sales target from Rp5.5 trillion to Rp6 trillion. This achievement increased by 156% from Rp2.4 trillion in 2023... [read more]