The construction project of Jakarta LRT Phase 1B, Velodrome–Manggarai route with the total length of 6.4 kilometers on Jalan Pemuda, Jakarta, reached 47.13% progress on 9th April 2025. The progress includes the structural construction of the elevated lanes which focused on the foundation, the constr... [read more]

The Statistics Indonesia (BPS) reported that the Room Occupancy Rate (TPK) of star-rated hotels reached 48.38% in January 2025, declining by 9.68% from the previous month but increasing by 1.66% annually. In February, TPK was recorded at 47.21%, declining both monthly and annually at 1.17% and 2.24%... [read more]

The Statistics Indonesia (BPS) reported March 2025 Consumer Price Index (CPI) with 1.65% mtm inflation to 107.22 from 105.48 in February 2025. Indonesia’s year on year inflation was recorded with 1.03% increase and the calendar inflation rate with 0.39% increase.  [read more]

PT Summarecon Agung Tbk (SMRA) recorded Rp300 billion in sales from City Hub Commercial, the business units of Summarecon Serpong. The first launch of Summarecon Serpong’s premium commercial product has sold 19 units at prices starting from Rp15 billion to Rp24 billion. The City Hub Commercial offer... [read more]

Throughout 2025, the Ministry of Public Works (PU) targets to complete the total length of 203 kilometers of toll roads for operation. As of March 2025, a total of 45.2 kilometers has completed the feasibility study with the target to be operational in May 2025. [read more]