Based on Bank Indonesia (BI) data until Thursday (4th January), the inflow of foreign investment from 2nd to 4th January 2024 has reached Rp8.61 trillion. As much as Rp5.07 trillion of the total funds entered as National Bonds (SBN). Indonesia’s financial market risk also reflected in the 5 Years RI... [read more]

PT Intiland Development Tbk. (DILD) plans to develop a new industrial estate project in Jombang in line with the completion of its existing projects. The industrial estate is claimed to be one of the keystones of DILD’s portfolio in the future. In addition to the project in Jombang, DIDL will also f... [read more]

According to the Central Bureau of Statistics, the total of foreign tourist visits as of November 2023 was at 10.4 million visits or increased by 110.86% compared to the same period in 2022. Most of the tourists entered through I Gusti Ngurah Rai Airport at the total of 396.2 thousand visits or 43.2... [read more]

PT Bumi Serpong Damai Tbk. (BSDE) acquired a vacant land lot from PT Smart Telecom, a subsidiary of PT Smartfren Telecom Tbk. (FREN), on 27th December 2023 with a transaction value of Rp16.43 billion. The total land area of the plot is 2,134 square meters and it is located on Jalan Pahlawan Seribu,... [read more]

PT Hutama Karya (Persero) (Hutama Karya) stated that a number of toll road feeders in Riau Province and West Sumatra Province are aimed to be completed in 2024. As of 15th December 2023, the construction and land acquisition of Pekanbaru-Bangkinang Toll Road (STA 0-9 Km) have reached 100%. Additiona... [read more]