PT Agung Podomoro Land Tbk. (APLN) welcomes the Nusantara Capital (IKN) by launching Borneo Bay Residences in Balikpapan and The Premier Hills in Samarinda. The Borneo Bay Residence itself adopts the concept of superblock and is offering 2 years Rental Guarantee program for 1-bedroom type and fully... [read more]

Mega Agung Sembada (MAS Group) collaborates with Japanese developer, Fujiken Co Ltd to develop Seion Tangerang, Banten through the joint venture company, PT Mas Fujiken Indonesia. The Project resides on a total land area of 5.5 hectares and is a part of the Sutera City project which has the total la... [read more]

The Solo-Yogyakarta-YIA Kulonprogo Toll Road project is currently in the final stages of construction, specifically for Section 1 Solo-Purwomartani, which spans a total of 42.38 km. The construction of Section 1 comprises Package 1.1 Solo-Klaten, covering the total length of 22.30 km, and Package 1.... [read more]

The Indonesian Retailers Association (Aprindo) estimates that the modern retail sector will grow 4.8% to 4.9% in the first semester of 2024 with the potential of further decline considering the declining purchasing power which has been shown by several indicators. One of the indicators is the deflat... [read more]

As of July 2024, the State Budget (APBN) shows a deficit of Rp 93.4 trillion of the Gross Domestic Product (GDP). The deficit widens from Rp 77.3 trillion or 0.34% against GDP in June 2024. Cumulatively, the 2024 State Budget was capped at Rp 522.8 trillion or 2.29% of GDP, as projected by the gover... [read more]