PT Modernland Realty Tbk. (MDLN) held its Annual Shareholders General Meeting (RUPST) in the Club House Jakarta Garden City, East Jakarta (31st May). In this meeting, the company reported its revenue as of 31st December 2023 at Rp1.15 trillion or increasing by 4.86% from the previous year of Rp1,10... [read more]

In 2024, PT Jaya Real Property Tbk will focus on the development of Creativo, the third tower in the Bintaro Plaza Residence. Creativo is a mixed use building which comprises Creative Hub facilities, creative Office (Coffice) development and residential units of Studio, 1 BR, 2 BR and 3 BR types. Th... [read more]

The National Council of Special Economic Zones has approved the proposals for the establishment of Batam International Health Tourism Special Economic Zone (KEK), KEK in Tangerang, and KEK in Morowali in the National Council Meeting in Jakarta on Wednesday, 29th May. With the approvals of this three... [read more]

The Deputy Head of the Jakarta Representative Office of Bank Indonesia (BI), Musni Hardi K. Atmaja, stated that the cumulative transaction volume of the Quick Response Code Indonesian Standard (QRIS) in Jakarta grew by 263% yoy, reaching 462.55 million transactions by April 2024. In 2024, new QRIS u... [read more]

The cashless, contactless, non-stop toll road transaction system or Multi Lane Free Flow (MLFF) will be implemented by the end of 2024 in phases. The President Director of PT Roatex Indonesia Toll System (RITS) Attila Keszeg disclosed this during The 19th ITS Asia Pacific Forum 2024 at the Jakarta C... [read more]