The consortium of PT Angkasa Pura I (Persero), Incheon International Airport Corporation (IIAC) and PT Wijaya Karya (Persero) Tbk. plans to develop Hang Nadim Airport, Batam into a domestic and international cargo hub and the transit alternative for national airlines to explore specific cargo route... [read more]

PT Intiland Development Tbk. (Intiland) has started the development of Tierra project, a new integrated develpment in the Segi Delapan Area, West Surabaya to anticipate the recovering property marketo. The mixed-use and high rise development resides on a total land area of 7.5 hectares and it integr... [read more]

Despite the on-going Covid-19, mortgage (KPR) application has shown signs of recovery. As of January 2021, the Central Bank of Indonesia (BI) recorded that KPR has grown 3.6% annually (yoy) to Rp521,2 trillion driven by banks who gradually cut mortgage interest rates and provide various promotions. [read more]

President Joko Widodo (Jokowi) is optimistic that tourism in Tana Toraja Regency (Tator) and the mobility of goods and people in South Sulawesi will grow rapidly after the inauguration of Toraja Airport on the 18th of March. The president also inaugurated the Pantar Airport in Alor Regency, East Nus... [read more]

PT Jasa Marga (Persero) Tbk. is confident to inaugurate the Serpong-Cinere Toll Road and Cengkareng-batuceper-Kunciran Toll Road by the end of March 2021. The two toll roads are part of the Jakarta Outer Ring Road (JORR) II toll network which will be an alternative to access the Soekarno-Hatta Inter... [read more]