NEWS

The northbound tunnel of MRT Jakarta connecting Bundaran HI Bank Jakarta Station to Kota Station has fully connected with the total length of 5.8 kilometers. As of 25th June 2026, the completion progress of phase 2A project has reached 6.8%. MRT Jakarta aimed to complete the construction and to star... [read more]

S&P Global Ratings has kept Indonesia’s credit ratings at BBB or at the investment grade for long term debt and A-2 for short term loan. In its announcement, S&P also kept Indonesia’s outlook at the stable level with the National Budget (APBN) deficit at 2.9% of the Gross Domestic Product in 2026 an... [read more]

Kawasan komersial baru Paramount Gading Serpong di Manhattan District, yang terdiri dari Hampton Square, Hampton Avenue, Hampton Promenade, dan Hampton Walk, mencatat tingkat okupansi yang melampaui 81% pada akhir Juni 2026. Kawasan ini  dirancang sebagai pusat aktivitas bisnis, kuliner, ritel, hibu... [read more]

Sinarmas Land officially launched Grand City Samarinda, the first township development in the capital of East Kalimantan. The project resides on a total land area of more than 70 hectares by integrating residential, commercial, and open green space functions by preserving three natural lakes in the... [read more]

The Indonesian Hotel and Restaurant Association (PHRI) recorded hotel occupancy rate increased by approximately 20% to 30% to 70% to 80% during the 2026 school holiday compared from 40% to 50% during regular days. One of the driving factors amidst the sluggish economy recovery was Rupiah depreciatio... [read more]