NEWS

Mitsubishi Estate and Kura Kura Bali present Sira Village – Gran Outlet Bali, the largest outlet shopping center in Bali, located in KEK Kura Kura Bali. More than just a tourist destination, this project is also an international-class destination which offers the combination of lifestyle, culture, a... [read more]

PT MRT Jakarta aimed to complete the development of MRT route to Monumen Nasional (Monas) by the end of 2027. Before the operational, a number of tests will be done in the middle of 2027 before the official launch in the end of 2027. The project is a part of the MRT Jakarta phase 2A project which co... [read more]

The Statistics Indonesia (BPS) recorded Indonesia’s inflation in at 3.08% yoy in May 2026 and 0.28% mtm. The core inflation component was recorded with 0.22% inflation, government controlled prices with 0.52%, and volatile prices with 0.22%. This year, the Bank of Indonesia (BI) aimed the inflation... [read more]

The Indonesian Industrial Estate Association (HKI) reported that the industrial estate business remained in the positive growth trend until April 2026, specifically in the Greater Jakarta Area, West Java, Central Java, Batam, and East Java’s industrial corridor amidst cautious global situation. The... [read more]

The Indonesian government issued Government Regulation (PP) No. 20 of 2026, revising the Final Income Tax (PPh Final) at 0.5% for micro, small, and medium-sized businesses (UMKM) as of 22nd April 2026. This regulation specifically aimed at entity Tax Subject (WP), namely individual entity establishe... [read more]