The Central Bank of Indonesia cuts the key interest rate to 3.75% to support the national economic recovery as the global economic uncertainty is easing down and Indonesia recorded an improved economic contraction in the third quarter of 2020. According to the Central Bureau of Statistics (BPS), Ind... [read more]

PT Jasa Marga (Persero) Tbk. through PT Jasamarga Related Business (JMRB) develops the Taman Mini Indonesia Indah (TMII) Transit Oriented Development (TOD) project in collaboration with PT Integrasi Transit Jakarta (ITJ). The project will comprise a hotel, a retail, an auditorium and a medical cente... [read more]

PT Kawasan Berikat Nusantara (Persero) (KBN) will synergize and coordinate with the government and other stakeholders to develop the Takalar Integrated Industrial Estate (TIIE) in South Sulawesi which lies along the international sea route. TIIE is to be constructed on a total land area of 3,500 hec... [read more]

The Coordinating Minister of Economy Airlangga Hartarto estimates the economy in the fourth quarter to be in a positive trend ranging from minus 1.6% to 0.6% after the recovery in the third quarter. Another positive indicator is the cumulative trade balance from January to October which recorded at... [read more]

A subsidiary of PT Diamond Citra Propertindo Tbk, PT Kalibata Inovasi Maju establishes a partnership with PT Java Teakfurn to develop the Apple3 Condovilla, inaugurated with the groundbreaking at Lebak Bulus, South Jakarta. The project has six 4-storey towers with the total units of 530. The project... [read more]