PT Hutama Karya (Persero) (HK) accelerates the completion of the Phase 2A 203 Mass Rapid Transit (MRT) project for Mangga Besar-Glodok-Kota Route with the total length of 1.44 kilometer. As of early 2024, the construction progress of the Rp3.8 trillion investment project has reached 42.97%.  [read more]

The Coordinating Ministry for Economic Affairs of Indonesia remains optimistic despite the revision of World Bank’s 2024 global economic outlook from 2.6% to 2.4%. Previously, the World Bank estimated Indonesia’s economy in 2024 and 2025 will be stable at 4.9%. The government has anticipated the glo... [read more]

The Pamulang-Cinere-Raya Bogor Toll Road which spans a total length of 14.8 kilometers is officially operational. The investment project of Rp4 trillion will complete the toll network structure in the Jabodetabek Area and provide more options of toll accesses to reach Soekarno-Hatta Airport for thos... [read more]

PT Agung Podomoro Land Tbk (APLN) will focus on completing its existing projects in 2024, including Podomoro Tenjo City, Podomoro Golf View Cimanggis, Podomoro Park Bandung, Bukit Podomoro Jakarta, Podomoro City Deli Medan, Parkland Podomoro Karawang and Borneo Bay City Balikpapan. However, APLN has... [read more]

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]