NEWS

PT Pengembangan Pariwisata Indonesia (ITDC) officially signed the Land Utilization and Development Agreement (LUDA) with PT Kleo Mandalika Resort to develop the total land area of 101,185 square meters on Monday (21 April). The land located in Lot TTA3-A, the Tanjung Aan Beach area, eastern side of... [read more]

The Head of the Nusantara Capital Authority (OIKN) Basuki Hadimuljono, reported that a total investment of Rp132 trillion will flow into Nusantara Capital City (IKN) through the Private Public Partnership. The public companies who invest in IKN through this scheme will be granted with ten to 20 year... [read more]

The Bank of Indonesia (BI) decided to kept the key interest rate or BI Rate at 5.75% in a meeting held on 23-23 April 2025. This decision was taken to keep the interest rate within the targeted range, to maintain Rupiah exchange rate, and to support economic growth. [read more]

Astra Property to develop a modern warehouse estate in Cibinong, Bogor, West Java with the total land area of 8 hectares in two phases. For this project, Astra Property will collaborate with ESR Logos, similar to the existing warehouse project in Cikarang, Bekasi, West Java. Astra aims to develop Gr... [read more]

PT Waskita Karya (Persero) Tbk. Reported that the construction progress of the LRT phase 1B Velodrome-Manggarai project has reached 51.19% as of April 2025, faster than the target of 50.54% planned for this month. The total development funding of the project of Rp4.1 trillion came from the Regional... [read more]