PT Metropolitan Land Tbk (Metland) estimates its recurring income may reach 30% of the total revenue in 2024. In 2023, Metland obtained Rp 1.70 trillion in recurring income from the real estate sector as the main contributor at Rp 1.22 trillion or 72% of the total revenue. The remaining came from th... [read more]

The government, through the National Council for Special Economic Zones (KEK), has approved the proposal to establish six new KEKs with the total targeted investment value reaching Rp 1,069.8 trillion to boost investment, domestic economic growth and opening new job creations. Currently, the Governm... [read more]

The Central Bank of Indonesia estimated that Indonesia’s economic growth may grow in the range of 4.7% to 5.5% until the end of 2024. In 2025, the economic growth is estimated to increase in the 4.8% to 5.6% range. [read more]

President Joko Widodo stated that the construction of Nusantara Capital Toll Road in East Kalimantan might be completed by the end of this year or by the middle of next year at the latest. With this toll road, the travel time from Nusantara Capital City (IKN) from Nusantara Airport will only take ap... [read more]

The Ministry of Finance reported that the 2024 State Revenue and Expenditure Budget (APBN) recorded a deficit of Rp153.7 trillion as of August 2024, increased from Rp 93.4 trillion in the previous month. Meanwhile, the national revenue as of August 2024 was recorded at Rp 1,777.07 trillion or increa... [read more]