PT Summarecon Agung Tbk. to cooperate with Toyota Housing Crop Ltd. to develop a Japanese-styled residential in Karawang, West Java in two clusters in Summarecon Emerald Karawang with the total of 550 units. This month, the first cluster named Harumi Homes of 332 units has been officially launched.... [read more]

BI is optimistic that the positive economic recovery trend in the third quarter of 2020 will continue to the fourth quarter, albeit restricted, with the support of government’s spending. The trade balance in the third quarter of 2020 was recorded with US$8.03 billion surplus, improving from US$2.89... [read more]

The construction of Cengkareng—Batuceper—Kunciran Toll Road is aimed to be completed by the end of December 2020 to be an alternative route for Soekarno-Hatta Airport in Tangerang, Banten. Currently, the construction progress has reached 14.19 kilometers. Data from BPJT shows that this project is a... [read more]

The Cimanggis - Cibitung Toll Road Section 1 Starts Trial. The strategic connecting toll road is developed and managed by PT Cimanggis Cibitung Tollways (CCT), a joint venture between PT Waskita Tollroad, PT Bakrie Toll Indonesia, and PT Bakrie & Brothers Tbk. The progress development of Cimanggis—C... [read more]

The Central Bank of Indonesia recorded a positive growth of e-commerce transactions amidst the Covid-19 pandemic. The e-commerce volume in September 2020 was recorded at 150.16 million transactions or 79.38% (yoy) higher from 83.71 million transaction in September 2019 and increasing by 1.7% (mtm) f... [read more]