Vasanta Group, Samty Asia Investment, and Sinar Mas Land form a collaboration to launch Shila Laketown, an iconic estate on a total land area of 53 hectares by adopting the vision of Your Ideal Lakeside Living in Sawangan, Depok. This estate is designed to be the green haven which harmonizes nature... [read more]

Astra Property, through PT Saka Industrial Arjaya (SIA), has officially completed the acquisition of PT Mega Manunggal Property Tbk. (MMLP), becoming the majority shareholder with 83.67% ownership or 5.76 billion shares worth Rp3.3 trillion at Rp580.6 per share. This acquisition is in line with the... [read more]

The Indonesian Statistics (BPS) recorded the national inflation in September 2025 at 0.21% mom and at 2.65% yoy, following the 0.08% deflation in August 2025. Meanwhile, the Consumer Price Index (IHK) increased from 185.1 in August 2025 to 187.4 in September 2025. [read more]

The Minister of Coordinating Economic Affairs, Agus Harimurti Yudhoyono (AHY) reported that the currently ongoing development of Harbour Road II Toll Road, constructed by PT Citra Marga Nusaphala Persada Tbk. (CMNP) which is owned by Jusuf Hamka, is aimed to be completed on 31st December 2026. The p... [read more]

The Minister of Finance Purbaya Yudhi Sadewa stated that the e-commerce tax policy will be delayed as the government has not decided the marketplace who will collect the 0.5% Revenue Tax (PPh) Article 22. In addition, this policy will also consider the national economic condition and the impact of t... [read more]