NEWS

The Bank of Indonesia (BI) projects 2026 economic growth at 5.33% in 2026, slightly below the government and legislative target of 5.4%. This projection is based on the global and domestic economic developments. Meanwhile, the Organization for Economic Cooperation Development (OECD) projects Indones... [read more]

PT Metropolitan Land Tbk. (MTLA) achieved Rp1.34 trillion in marketing sales as of September 2025, or 67% of its annual target of Rp2 trillion. Most of this achievement was contributed by the sales in landed house units in Metland Transyogi, Metland Cikarang, and Metland Cibitung. Furthermore, its n... [read more]

The East–West Line Phase 1 Stage 1 of the Jakarta Mass Rapid Transit (MRT) project, spanning 24.5 kilometers from Tomang, West Jakarta, to Medan Satria, Bekasi, is targeted to start the construction in 2026. This project will be funded through the co-financing funding scheme between the Japan Intern... [read more]

PT Jasa Marga (Persero) Tbk. (JSMR) reported that the construction progress of Jakarta-South Cikampek II Toll Road Project has reached 62 kilometers or 72.94% completion. The alternative land to Bandung via the south side also recorded its land acquisition progress reaching 81.53%. In detail, JSMR s... [read more]

The government aims to develop three Transit Oriented Development Projects in Jakarta soon. The three locations are in Tanah Abang, Manggarai, and Sudirman-BNI City-Karet. The Detail Engineering Design of these (DED) projects are aimed to be completed in the next two years. These development project... [read more]