PT Wijaya Karya (Persero) Tbk (Wika) continues the construction of the Semarang-Demak Toll Road Section 1B which spans the total of 6.67 kilometers. The project has reached 50% completion and is targeted to be completed by mid-2027. This section will be Indonesia's first sea toll road integrated wit... [read more]

PT Lippo Karawaci Tbk (LPKR) achieved Rp6.01 trillion in marketing sales in 2024 or increased by 17% from the previous year. Residential products remained as the main contributor which covered 65% of the total marketing sales. LPKR aims to achieve Rp6.25 trillion in marketing sales in 2025, or 16% i... [read more]

PT Vastland Indonesia Tbk. (VAST), is optimistic to achieve its annual revenue target after recording 98.09% occupancy rate in 2024. VAST aims to achieve 30% growth in revenue for 2024. In the first nine months of 2024, VAST recorded a 48.2% increase in revenue from the same period last year, while... [read more]

The Finance Minister Sri Mulyani Indrawati reported that at least 655 investors have taken advantage of the tax incentives provided by the government to encourage investment. Tax holiday has been provided to 221 tax payers and gained approximately Rp421.94 trillion in investment and US$479 million (... [read more]

The Ministry of Public Works (PU) will optimize the Public-Private Partnership (KPBU) scheme to complete national infrastructure projects after the efficiency measures set in the 2025 State Budget at Rp81.38 trillion. The funding for the 2025-2029 KPBU is aimed to reach Rp544.48 trillion. This fund... [read more]