Sahid Group expands into the hospitality industry by collaborating with PT Putra Musi Abadi in transforming Fave Hotel into Sahid Soekarno-Hatta Hotel, a 3-star hotel with only 10 minutes’ drive from Soekarno-Hatta Airport. The hotel offers 175 room units in various types, a restaurant and various f... [read more]

Lippoland launched Cendana Suites in Tanjung Bunga, Makassar following the success of XYZ Livin in Green River View. This product will be developed in the Waterfront city Tanjung Bunga area, a prime location neighbouring the Trans Studio Makassar. The house units will comprise luxurious 3 bedrooms a... [read more]

PT Griya Idola, a subsidiary of Barito Pacific Group, has launched Aspen Cluster in Griya Idola Residence in Tangerang. The project resides on a total land area of 50 hectares with Aspen Cluster offering houses at prices starting from Rp 870 million per unit. There will be three types of houses with... [read more]

The Indonesian Government through the Ministry of Public Works and Public Housing will start the development of Demak to Gresik Toll road in 2025. The budget for the ministry in 2025 was set at Rp 75.6 trillion. Included in the infrastructure development program are the completion of several toll ro... [read more]

The Bank of Indonesia estimated that bank loan growth may reach 10% to 12% range in 2024 and in the 11% to 13% range in 2025. BI is also confident that Indonesian economic prospects in 2025 will improve with higher growth, lower inflation rate and strong exchange rate with the support from growing i... [read more]