President Prabowo Subianto aims to establish a special economic zone (SEZ) in every province across Indonesia to strengthen the country's economic foundations. He stated that this initiative is part of the government’s broader plan to develop an industry-based economy nationwide. According to him, t... [read more]

Sinar Mas Land, through PT Cisadane Perdana, and Vasanta Group, through PT Vasanta Daria Development, officiate the establishment of their joint company, PT Sinergi Sinar Vasanta to develop a residential project and commercial areas on a total land area of more than 28 hectares in Depok, West Java.... [read more]

President Prabowo Subianto is scheduled to visit the Industropolis Special Economic Zone (KEK) in Batang. In addition, the president will also monitor the investment plan from China for the ‘Twin City, Twin Parks’ in KEK Batang. The government aims to achieve Rp75.8 trillion in investment by the nex... [read more]

Five investors will soon start the construction of office towers to mixed use areas in Nusantara Capital (IKN). The total investment value from these five investors reached Rp2.42 trillion. The Land Utilization and Land Asset Allocation Agreement in Ownership (ADP) OIKN and the Notary Deeds were com... [read more]

The Central Bank of Indonesia (BI) has decided to maintain its benchmark interest rate, the BI Rate, at 5.75% in the 18th to 19th March 2025 period Board of Governors Meeting (RDG). Furthermore, the deposit facility was also kept at 5.00% and the lending facility at 6.5%. [read more]