The Central Bank of Indonesia (BI) projects July 2020 inflation at 0.04% Month-to-Month (MTM) based on price monitoring survey in the first week of this month which was recorded lower than in the previous month. Based on the calendar year, July 2020 inflation is projected at 1.13% Year-to-Date (YTD)... [read more]

PT MRT Jakarta and PT Transportasi Jakarta (Transjakarta) will establish a joint venture named Integrasi Transit Jakarta (ITJ) to develop areas around Blok M-Asean, Fatmawati, Lebak Bulus, Dukuh Atas and Istora Mandiri Stations to be Transit Oriented Development (TOD) areas. The areas around Blok M-... [read more]

The Real Estate Indonesia (REI) states that there are 15 large scale developers entering the eastern corridor of Jakarta, there is also a consortium of nine well-known developers. According to data from REI, the eastern corridor which stretches from Bekasi, Cikarang, to Karawang have been rapidly gr... [read more]

PT Adhi Commuter Properti, a subsidiary of PT Adhi Karya Tbk, is optimistic that the sales in the second semester of 2020 will recover after in May 2020 it achieved 20% of its set target for 2020 of Rp2.2 trillion or Rp440 billion after in the second quarter of 2020 declined at approximately 40%-50%... [read more]

PT Hutama Karya (Persero) states that Sigli-Banda Aceh Section 4 Toll Road Indrapuri-Blang Bintang of 14 kilometers is ready for operation after obtaining the feasibility certificate and currently is scheduled for inauguration by the Ministry of Public Work and Public Housing (PUPR), which is estima... [read more]