NEWS

PT Waskita Karya (Persero) Tbk (WSKT) ensured the completion of the Light Rail Transit (LRT) Jakarta construction project Section 1B Velodrome-Manggarai Route in August 2026. The physical construction progress of the Rp4.1 trillion investment project has reached 97.99% and is entering its last const... [read more]

The MRT Jakarta Phase 2A project connecting Bundaran HI to Kota is aimed to be ready for the public in 2029. Currently, the project’s completion has reached approximately 63%. The project spans the total length of approximately 5.8 kilometers and comprises seven underground stations with Transit-Ori... [read more]

The Minister of Finance Purbaya Yudhi Sadwa and the Minister of Coordinating Economic Sector Airlangga Hartarto stated that the Indonesian government is currently finalizing the incentive scheme for electric vehicles aimed at 500,000 electric motorcycles and electric cars. On the other side, there w... [read more]

The property industry grew 3.64% yoy in the second quarter of 2026 from 3.7% yoy in the same period last year. From demand side, the middle class’s purchasing power remained under pressure, with non-subsidized home ownership loan (KPR) also remained relatively high with Bank of Indonesia key interes... [read more]

Based on data from the Bank of Indonesia, loan disbursement in the property or real estate sector slowed to its lowest level in the last 4.5 years at 4.24% yoy as of June 2026 to Rp1,022.47 trillion. From quality side, property loan also recorded non-performing loan at 3.3% in June 2026, increasing... [read more]