The global hotel network, Hilton International will launch four new hotels in Indonesia with the agreement signing ceremony conducted on Tuesday (11th June). The four new hotels comprising Hilton Bandung Padalarang with the completion plan in 2026, Hilton Garden Inn Manado and Hilton Manado in North... [read more]

PT Summarecon Agung Tbk (SMRA) allocates Rp 1 Trillion this year to acquire land banks. Currently, SMRA has acquired a total of 2,000 hectares of landbank. As of the first quarter of this year, SMRA has realized 40% of its total capital expenditure for 2024. SMRA has also inaugurated the constructio... [read more]

PT Adhi Commuter Properti Tbk (ADCO) reported that the construction progress of LRT City Cibubur of bore pile construction for the foundation of LRT City Cibubur Tower, as of June 2024, has reached 100%. The project will be continued with the construction of basement structure. The topping off of th... [read more]

The Governor of the Central Bank of Indonesia Perry Warjiyo stated that the current exchange rate of Rupiah cannot be observed partially and must be observed as a whole. Compared to its condition in the end of 2023, Rupiah’s current condition is better than Korea, the Philippines, Thailand and Japan... [read more]

Several domestic private investors have committed to invest in developing several residentials and malls in Nusantara Capital City, East Kalimantan. PT Agung Podomoro Land (APLN) has signed a cooperation agreement with the Authority Business Agency (BUO) PT Bina Karya (Persero) for the Development o... [read more]