PT Metropolitan Land Tbk (MTLA) achieved a total marketing sale of Rp1.3 trillion as of October 2023, or 73% of the targeted total of Rp1.8 trillion. Entering the second semester of 2023, MTLA also recorded Rp301 billion in net profit, an increase of 12% from the previous period of Rp269 billion. MT... [read more]

The Cinere - Jagorawi Toll Road (Cijago) Section 3B Krukut - Limo has completed the functional test process and will soon be operational. The toll project which connects the west and east region from Jakarta Outer Ring Road (JORR) 2 has a total length of 14.64 kilometers. It comprises three sections... [read more]

The Jakarta Elevated Outer Ring-Road (JORR) Cikunir-Ulujami toll road project may start construction in February-March 2024, earlier than the previous target. Previously, the construction based on Toll Road Management Agreement (PPJT) was planned to last for 33 months starting from July 2024 until M... [read more]

Indonesia Central Bureau of Statistics (BPS) reported the October 2023 trade balance was recorded with US3.48 billion surplus, or increased from US$3.41 billion in September 2023. Cumulatively, the total trade surplus from early 2023 until October 2023 was atUS$31.22 billion.  [read more]

In the 2024 National Annual Budget Plan (RATBI), the Governor of the Central Bank of Indonesia Perry Warjiyo estimated that the national economic growth in 2024 will be in the 5.00% range. He also projected the inflation rate in 2024 at 3.20 yoy.  [read more]