The Directorate of Funding and Risk Management (DJPPR) of the Minister of Finance stated that the government has prepared plans to counter the deficit of Rp1,006.4 trillion or 5.7% of the Gross Domestic Product in 2021. The government will issue a government bond (Surat Berharga Negara) aimed at obt... [read more]

Cendana Icon cluster in Lippo Village, North Karawaci, Tangerang, Banten, from PT Lippo Karawaci Tbk. (Lippo) has sold 85% from the total 700 house units offered in one day. The Cendana Icon comprises landed houses with a millennial design and they are available in three types namely Icon Villa, Ico... [read more]

PT Angkasa Pura I (Persero) aims for Sultan Hasanuddin Makassar Airport, Juanda Airport, Surabaya, Lombok Praya and Sam Ratulangi Manado Airport to be completed in 2021 to support the air traffic and increase the freight and logistics capacity in the central and eastern areas of Indonesia. It is als... [read more]

As of 1 March 2021, PT Pelabuhan Indonesia IV (Persero) has completed 66.70% of the construction of the Makassar New Port’s (MNP) 2019–2022 advanced stage development. Makassar New Port is one of the National Strategic Projects (PSN) aimed to be the largest port in eastern Indonesia. On 2 November,... [read more]

The National Land Agency (ATR/BPN) confirmed that the digital land certificate will be implemented in phases with Jakarta and Surabaya first in line. Currently, ATR/BPN is preparing the technical detail of the certificate, comprising the electronic document, land data validation, the land law basis... [read more]