NEWS

The government has implemented the Foreign Digital Transaction Tax Collection System (SPP-TDLN) effective September 10, 2026, with PT Jalin Pembayaran Nusantara appointed as the system operator. Banks will collect, remit, and report VAT on foreign digital services purchased by Indonesian consumers.... [read more]
PT Jasa Marga (JSMR) targets completion and operation of the 5.21-km Ambarawa–Junction Bawen section of the Yogyakarta-Bawen Toll Road by end-2026. Construction is 99.54% complete and land acquisition 98.92% complete, with the segment now undergoing feasibility and operational testing. Once connecte... [read more]
Paramount Gading Serpong has begun the phased handover of 83 premium units at Grand Pasadena Village in Pasadena Central District. Located within a 40-hectare mixed-use commercial hub and connected to the ROW 45 boulevard linking Gading Serpong with BSD, the development offers access to two toll roa... [read more]
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]
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