PT Kereta Api Indonesia (KAI) reported that the progress of Jabodebek Light Rail Transit (LRT) project has reached 94.36% as of September 2021 with operation aimed to start in the middle of 2022. Furthermore, to ascertain LRT Jabodebek timely completion, KAI has been proposed to receive State Capita... [read more]

The Governor of the Central Bank of Indonesia (BI) Perry Warjiyo is optimistic that the third quarter of 2021 economy will grow in the positive zone and even touch the highest level of 5% yoy. The economic recovery is estimated to continue with the acceleration of vaccination, robust export performa... [read more]

The Central Bank of Indonesia (BI) decided to hold the benchmark interest rate of BI 7-day Reverse Repo Rate (BI7DRR) at the level of 3.50%, the eight in 2021. BI also maintained the deposit facility and lending facility rates at 2.75% and 4.25%, respectively. These decisions are in line to maintain... [read more]

PT Jaya Real Property Tbk launched its latest premium cluster named Dammara @CBD Silk Town available in 68 units on a total development area of 1.7 hectares in Graha Raya, Serpong, South Tangerang, Banten. The latest cluster is surrounded by Bintaro Jaya and Alam Sutera and is priced starting from R... [read more]

Teratai Grand Village land plot in Canggu, Bali has been 85% sold from the total of 55 land plots before the official launch on 9 September 2021. The project from PT Teratai Agung Kencana (Teratai Group) is developed on a total land area of 2.5 hectares with 1.5 hectares allocated for residential pr... [read more]