NEWS

Sinarmas Land officially launched Grand City Samarinda, the first township development in the capital of East Kalimantan. The project resides on a total land area of more than 70 hectares by integrating residential, commercial, and open green space functions by preserving three natural lakes in the... [read more]

The Indonesian Hotel and Restaurant Association (PHRI) recorded hotel occupancy rate increased by approximately 20% to 30% to 70% to 80% during the 2026 school holiday compared from 40% to 50% during regular days. One of the driving factors amidst the sluggish economy recovery was Rupiah depreciatio... [read more]

The Ministry of Public Works (PU) revealed that the Serpong-Balaraja Toll Road will soon have new accesses, namely Simpang Susun Industri and On/off Ramp Raya Serpong. Based on the report from the Toll Road Management Agency (BPJT), both of the accesses are currently under Functional and Operational... [read more]

PT Jakarta Propertindo (Perseroda) (Jakpro) announced that the girder installation along the Velodrome-Manggarai corridor of LRT Jakarta Phase B project has reached 100% completion, thus the progress as of the fourth week of June 2026 reached 94.06%. The project will focus on the continuation and se... [read more]

ESR and PT MC Urban Development Indonesia (MCUDI), a subsidiary of Mitsubishi Corporation, expand their strategic partnership in Indonesia with the construction of two modern logistics and industrial facilities in the Greater Jakarta Area with the total assets value of more than US$80 million. The f... [read more]