NEWS

Indonesia's investment realization in the first quarter of 2025 reached Rp465.2 trillion or equal to 24.4% of the total investment target for 2025 of Rp1,905.6 trillion. Annually, the investment in the first three months of 2025 increased by 1.59% yoy from the same period last year of Rp401.5 trilli... [read more]

PT Waskita Karya (Persero) Tbk. Reported that the progress construction of the Light Rail Transit (LRT) Jakarta Phase 1B of Velodrome-Manggarai Route has reached 51.19% as of April 2025, or faster than the targeted 50.54%. [read more]

The Bank of Indonesia estimated that April 2025 retail sales to contract by 6.9% from March, when it was recorded with 13.6% growth. The contraction is due to the normalization phase after the increase during the Eid al Ftr national holiday. BI projects April Real Sales Index (IPR) to reach 231.1, p... [read more]

PT Summarecon Agung Tbk (SMRA) expands its portfolios with the launch of Onyx Residence, a family premium residential in Summarecon Mutiara Makassar (SMM). The project is strategically located and accessible through exit toll near an airport and port. The project adopts the concept of contemporary a... [read more]

The International racing team Absolute Racing has officially partnered with InJourney Tourism Development Corporation (ITDC) to develop a luxurious residential and garage facility in the Mandalika Circuit estate, West Nusa Tenggara. One of the members of GT World Challenge Asia invested Rp4.7 billio... [read more]