The Ministry of Public Works and Public Housing (PUPR) has announced that the groundbreaking of Phase 5 Nusantara Capital (IKN) project will take place on the 29th February 2024. Based on the sector, the groundbreaking will include several financial industries such as PT Bank Mandiri (Persero) Tbk.... [read more]

In the plenary cabinet meeting, the Ministry of National Development Planning/Head of National Development Planning (Bappenas) Suharsono Monoarfa stated that the Indonesian government plans to achieve 5.3%-5.6% economic growth in 2025. In addition, the government also plans to escape the middle inco... [read more]

Sinar Mas Land aims to record a total of Rp2.8  trillion transaction value through its program ‘Infinite Living’ launched on Thursday (22nd February). From this program, approximately 1,400 property units are targeted to be sold to contribute up to 30% of its marketing sales of Rp9.5 trillion this y... [read more]

PT Metropolitan Kentjana Tbk. (MKPI) is optimistic on a better prospect of property business this year, although the Value Added Tax Borne by the Government (PPN DTP) incentive in general, has not greatly impacted its sales.  In 2024, MKPI will focus on areas including the currently utilized Ranch M... [read more]

President Joko Widodo (Jokowi) has inaugurated the Makassar New Port in South Sulawesi. The Makassar New Port was developed as the old Makassar Port has optimized its capacity. The national strategic project was fully funded by Pelindo with Rp5.4 trillion investment and will further enhance in stage... [read more]