The government plans to provide incentives to housing property developers who build balanced housing in the Nusantara Capital City (IKN). One of the implementations of the incentives are for business actors who carry out development outside the IKN region and have not yet implemented balanced housin... [read more]

The government has prepared a master plan for the development of Gelora Bung Karno (GBK) area following the clearing of Sultan Hotel on Wednesday, October 4, 2023. Previously, the GBK management, accompanied by the police, issued an official warning to PT Indobuildco, a company owned by Pontjo Sutow... [read more]

PT Summarecon Agung Tbk. (SMRA) officially opened a new shopping center called Summarecon Villagio Outlets or Villagio in Karawang with the first-phase investment valued at IDR 500 billion. SMRA President Director Adrianto P. Adhi said that Indonesia's stable economic growth of 5.17 percent (year-on... [read more]

President Joko Widodo (Jokowi) has set a target to finish 61 reservoir projects by 2024 in support of food sovereignty initiatives. Jokowi emphasized the need for Indonesia to develop a strategic vision that outlines detailed action plans for the next five to ten years concerning food sovereignty pr... [read more]

As of September 25, 2023, the first phase of the Kuala Tanjung - Tebing Tinggi - Parapat Toll Road (Kutepat) is nearly 91% complete. Ergy Pramadipta, Corporate Secretary of PT Hutama Marga Waskita (HMW), shared that the Tebing Tinggi - Indrapura section of the Kutepat Toll Road is the only segment t... [read more]