The Indonesian government aims to achieve 5.2% annual economic growth by adopting the basic assumption of 2024 macro economy. This target has been set amidst the global uncertainty which is estimated to continue until next year. A number of international financial institution including the World Ban... [read more]

The Central Bank of Indonesia (BI) has observed the potential for a longer El Nino phenomenon or drought in Indonesia which may continue until early 2024. However, BI is optimistic that the inflation rate will remain within the targeted range of 2.5% yoy ±1%. [read more]

The construction of Nusantara Capital City (IKN) mega project is targeted to be completed entirely by 2045 or 22 years from now, coinciding with the centenary of Indonesia's independence. Currently, the construction progress of the First Phase of IKN basic infrastructure has reached 38.1% with all o... [read more]

PT Agung Podomoro Tbk. has launched Green Magnolia Cluster in Kota Podomoro Tenjo, comprising deluxe unit type at prices starting Rp220 million per unit which prioritize the environment aspect. The property product is focused on green and healthy living which invest in the future and long term healt... [read more]

The culinary hub, The Food Village, has been launched simultaneously with the residential development in Summarecon Crown Gading, Bekasi from PT Summarecon Agung Tbk. The Food Village adopts the concept of a food garden which integrates indoor buildings with the open nature. The Food Village will co... [read more]