NEWS

Ascott Indonesia and Paradise Indonesia have signed a new 30-year agreement covering seven properties with 849 units across Bali, Batam, Jakarta, and Yogyakarta. The agreement forms part of their broader partnership covering nine properties and around 1,310 units, making Paradise Indonesia one of As... [read more]

PT PP (Persero) Tbk (PTPP) is pushing to complete Section 1 of the Kamal-Teluk Naga-Rajeg (Kataraja) Toll Road, which has reached 94.9% progress, with a contract value of Rp1.46 trillion before VAT and completion targeted for October 14, 2026. The toll road will improve Jakarta-Banten connectivity,... [read more]

PT Puradelta Lestari Tbk (DMAS) recorded industrial land demand of 85 hectares, exceeding its 60-hectare land reserve as of June 2026, with around 70–75 percent of demand coming from the data center sector. H1 2026 pre-sales reached Rp1.15 trillion, or 55 percent of its Rp2.08 trillion annual target... [read more]

Pollux Hotels Group has partnered with Wyndham Hotels & Resorts to bring the first Baymont by Wyndham hotel to Indonesia and Southeast Asia. The companies’ third collaboration targets the mid-scale segment, which is seen as having strong growth potential. Wyndham views Indonesia as a key market and... [read more]

BPS recorded 8.97 million foreign tourist arrivals to Indonesia from January to July 2026 the highest volume since 2020 with July alone contributing 1.52 million visits. Tourists from Malaysia (15%), Australia (12.34%), and China (10.28%) were the top contributors, entering primarily via Ngurah Rai... [read more]