Indonesia's September 2023 inflation remained under control at the target range of 3%±1, at 2.28% (yoy). Meanwhile, the core component experienced inflation of 0.12% month to month (mtm) or 2.00% (yoy), which is one of the lowest in the world. Based on Trading Economics' records, Indonesia's core in... [read more]

The Ministry of Public Works and Public Housing held a technical meeting with Batam Authority (BP) to accelerate the development of Rempang Island Estate in Batam, Riau Islands. One of the ministry’s assignments is to prepare a residential site plan which comprises 1,322 families (KK). There will al... [read more]

PT Agung Podomoro Land Tbk. (APLN) through its subsidiary, PT Tiara Metropolitan Land (TMI) has divested one of its assets, namely the Neo Soho Mall Shopping Center, to a Japanese property company, Hanshin Properties Corp through its subsidiary in Indonesia, PT NSM Assets Indonesia (NSMAI) at Rp1.44... [read more]

The Gelora Bung Karno Management (PPKGBK) aims to complete the execution of Block 15 in the GBK Area, also known as the Sultan Hotel from PT Indobuildco before December 2023, based on the legal civil court final decision. The execution is expected to be completed before the Presidential Election in... [read more]

Tokyu Land Indonesia (TLID) officially topped off the BRANZ Mega Kuningan project, the third premium condominium development after BRANZ Simatupang and BRANZ BSD. Residing on a total land area of 1 hectare, the project comprises 482 condominium units, 240 serviced apartment units and retail units. T... [read more]