The government is preparing to develop a high speed train project, connecting Jakarta and Surabaya. The ambitious project is the continuation of the Jakarta-Bandung High Speed Train (Whoosh), which is currently in operational. The plan has entered the feasibility study phase and it is included in th... [read more]

The construction progress of the Mass Rapid Transit (MRT) Phase 2A project of North-South route, continuing the Thamrin route to Kota has reached 51.31% as of July 2025. PT MRT Jakarta (Perseroda) stated that this progress exceeded the targeted 50.23% progress, and further progress by 1.32% by the e... [read more]

The Indonesian government prepares stimulus to drive economic growth after a number of projections from economists estimated that the national economic growth in the second quarter of 2025 will be less than 5%. The government will focus not only on government spending, but also from the supply-deman... [read more]

PT Agung Podomoro Land Tbk (APLN) posted Rp881.5 billion in marketing sales in the first semester of 2025, or increasing by 10.5% from Rp796.3 billion in the same period in 2024. However, its business sales and revenue were recorded with 10.5% decline to Rp1.68 trillion from Rp1.88 trillion, with it... [read more]

PT Pakuwon Jati Tbk (PWON) posted a stellar financial result in the first half of 2025, with net profit soaring by 33% to Rp1.39 trillion from Rp1.05 trillion in the same period last year. Its net revenue also increased by 3% to Rp3.37 trillion, supported by the increase in gross profit of Rp1.88 tr... [read more]