The Ministry of Public Works (PU) announced that the Solo–Yogyakarta–NYIA Kulon Progo Toll Road will be partially operational during the 2025 Eid holiday. The limited operation will be on Prambanan-Purwomartani lane which spans the total length of 6.7 kilometers to ease traffic congestion. [read more]

Five local entities have signed the Cooperation Agreement for land utilization in the National Capital of Nusantara (IKN) with the IKN Authority (OIKN). The value of this cooperation reaches Rp1.2 trillion and comprises various mixed use projects including hotels, offices and universities. Furthermo... [read more]

The Investment Management Agency Daya Anagata Nusantara, or Danantara Indonesia, was inaugurated at the Central Courtyard of the Merdeka Palace on Monday, 24th February 2025. Danantara will directly be involved in the development of high-impact projects and to create significant additional value in... [read more]

The Greenwoods Group has set several strategies to achieve the target of Rp999 billion marketing sales in 2025. In the 2023-2024 period, Greenwoods Group also recorded a significant sales growth. In 2023, the sales of its 15 property projects reached Rp338 billion and increased by 33.8% in 2024 to R... [read more]

Following Bank Indonesia (BI) monthly policy meeting in Jakarta on Wednesday, the key interest rate remained at 5.75%, a decision consistent with the endeavor to maintain inflation. Going forward, BI will pay attention to the development of inflation in determining a BI-Rate reduction with the Rupia... [read more]