NEWS

PRISM, the parent company of OYO Indonesia, continues to expand its presence in Nusa Penida, Bali, and now manages 11 properties across the destination. The expansion supports growing demand for longer-stay travel experiences while strengthening the company's portfolio of premium hospitality brands... [read more]

Sumitomo Forestry Indonesia is accelerating its residential development projects in Sawangan, Depok, through the 250-hectare Gardens at Candi Sawangan township. The initiative seeks to capitalize on rising property demand driven by improving infrastructure connectivity, including access to major tol... [read more]

PT Citra Marga Nusaphala Persada Tbk (CMNP) is targeting completion of the Harbour Road II Elevated Toll Road by the first quarter of 2028. The Rp15 trillion project has reached more than 44% construction progress and is expected to improve traffic flow across northern Greater Jakarta. Once complete... [read more]

Djarum Group, through PT Dwimuria Investama Andalan, and Prajogo Pangestu-owned PT Chandra Asri Pacific Tbk (TPIA) are shareholders of c, a property and industrial estate company. As of August 31, 2026, Dwimuria held 482 million SSIA shares, or 10.24%, unchanged from July. TPIA held 215.4 million sh... [read more]

Bank Indonesia is expected to keep the BI Rate at 5.75% in September despite the Federal Reserve raising its policy rate by 25 bps to 3.75–4%. UOB economist Enrico Tanuwidjaja said BI has already tightened policy by 100 bps and is ahead of the Fed, while current domestic inflation is largely supply-... [read more]