PT Wulandari Bangun Laksana Tbk (BSBK), the management of Balikpapan Superblock (BSB) estate, recorded a solid financial performance in 2023. The sales and revenue, as well as its net profit were recorded at Rp347 billion and Rp39 billion, respectively in 2023. This year, BSBK plans to pre-launch Ap... [read more]

A subsidiary of PT Adhi Karya (Persero) Tbk. (ADHI), PT Adhi Persada Properti (APP), collaborates with PT Exelly Elektrik Indonesia (Voltron) to develop Public Electric Vehicle Charging Stations (SPKLU) in several property projects developed by APP. This collaboration is expected to significantly an... [read more]

The construction progress of MRT Jakarta Phase 2A Contract Package (CP) 201 Thamrin-Monas Station has reached 74%. As of 25 March 2024, Phase 2A of Bundaran HI Station to Kota Station has reached 33.36% while Thamrin Station to Monas Station has reached 74%. The Jakarta MRT Phase 2A Bundaran HI Stat... [read more]

A subsidiary of PT Hotel Indonesia Natour (HIN) or InJourney Hospitality, namely PT Hotel Indonesia Group (HIG), reported higher room occupancy rate during the Eid Al Fitr Holiday compared to last year by 15%. This increase was supported by the increase in tourist visits, various interesting promos,... [read more]

The Financial Services Authority (OJK), in its latest report as of February 2024, recorded that the net NPL was at 0.82%, increasing from the previous month at 0.79%. Meanwhile, Gross NPL remained unchanged from the previous month, stable at 2.35%. OJK instructed banks to increase their resilience b... [read more]