NEWS

The MRT extension from Lebak Bulus to South Tangerang (Tangsel) is still awaiting a feasibility study by PT MRT Jakarta (Perseroda) and Sinar Mas Land, expected in December 2026 before being discussed with ministries and regional governments. No funding scheme has been set yet, as it depends on the... [read more]

The Directorate General of Taxes plans to appoint 30 banks and fintech companies as VAT collectors for foreign digital transactions through the SPP-TDLN system by November. Six institutions, including five state-owned banks and LinkAja, have joined so far, while others are preparing their systems. A... [read more]

PT Pakuwon Jati Tbk (PWON) is expected to maintain resilient performance through 2027, supported by recurring income from its malls, hotels, and office leasing portfolio. High interest rates remain a key risk to marketing sales, potentially weakening consumer purchasing power and property demand. Ho... [read more]

Sky House BSD+ has started construction of Tower Esplanade, its seventh residential tower in BSD City, adjacent to AEON Mall BSD City. The development offers studio to three-bedroom apartments alongside two-story SOHO units connected to a Sky Garden and integrated parking facilities. Unit prices sta... [read more]

The Jakarta administration is constructing two retention ponds and one reservoir under the JackTirta Project to help reduce flood risks in South and East Jakarta. The facilities are targeted to begin operations in February 2027 and are expected to significantly improve water management despite not f... [read more]