The Ministry of Finance predicts the national tax revenue to grow 15.3 percent to IDR1.784 trillion this year, from last year, in line with the recovering commodity prices. Head of the Fiscal Policy Agency (BKF), Ministry of Finance, Febrio Kacaribu, said the prediction exceeds the target of IDR1,51... [read more]

The Governor of the Central Bank of Indonesia Perry Warjiyo stated that Indonesia’s economy in 2022 will be in the 4.5% to 5.3% range and in the 4.7% to 5.5% range in 2023. [read more]

Currently, the construction progress of Senen Jaya Wholesale Center at Jalan Pasar Senen, Senen, Central Jakarta has reached 78% and is aimed to be ready for the handover in March 2023. Senen Jaya Block I and II are constructed on a total land area of 2 hectares and comprise 1,693 kiosks with invest... [read more]

Podomoro Golf View (PGV), an exclusive apartment estate, is developing Tower Ekki. The tower is aimed at golf enthusiasts and is surrounded by three golf courses and bordered by the Cikeas River. The tower comprises three unit types namely, studio, two bedrooms, and three bedroom units completed wit... [read more]

PT Intiland Development Tbk (DILD) is working on a new industrial estate project called Batang Industrial Park (BIP) in Batang Regency, Central Java. The 500-ha project is seeking to cash in on an uptrend in demand for industrial property while helping to stimulate the economy and the industrial sec... [read more]