The construction progress of Jakarta - Bandung high speed train project has reached 60%. HSR PT Kereta Cepat Indonesia China (KCIC) continues to complete the construction based on the safety and quality standard and aims to complete the project as scheduled. Currently, the project is installing box... [read more]

PT Intiland Development Tbk. (DILD) plans for new clusters in its property projects in the second semester of 2020 and aiming to achieve Rp2.5 trillion in marketing sales in 2020. DILD will add new clusters in its landed house projects including Serenia Hills, Talaga Bestari and Magnolia with prices... [read more]

Kingland Avenue has officially conducted the topping off ceremony of its project named The Venetian on Jalan Raya Serpong Km 8, Pakulonan, South Tangerang. The project is part of the residential towers built in the Kingland Avenue area. The project is a joint venture between PT Hong Kong Kingland an... [read more]

The government aims to reach 4.5% to 5.5% ranges of economic growth in 2021. The Minister of Finance Sri Mulyani Indrawati explained this is a moderate target considering the uncertainty in the current market due to Covid-19 pandemic. Furthermore, IMF projects Indonesian economy to grow at 6.1% whil... [read more]

The Central Bureau of Statistics (BPS) reported the August 2020 Consumer Price Index (IHK) contracted by 0.05%, resulting in 0.93% year to date IHK. Meanwhile, the annual IHK recorded at 1.32% YOY inflation. The slowing inflation was in line with the decrease in August core inflation which reached 0... [read more]