The Ministry of Public Housing and Works (PUPR) will issue the revised PUPR Ministry Regulation Number 10/PRT/M/2018 regarding rest areas and service areas along toll roads. The revision is expected to promote business development in rest areas, including the hotel development in their vicinities. T... [read more]

PT Pengembangan Pariwisata Indonesia (Persero) or the Indonesia Tourism Development Corporation (ITDC) aims to complete the construction of Pullman Hotel in the Mandalika Special Economic Zone, The Mandalika, Lombok, West Nusa Tenggara in 2021. The Mandalika is one of the five Super Prioritized Tour... [read more]

ASEAN countries are committed to increase their efforts to boost economic recovery from the effect of Covid-19 pandemic in the virtual 7th ASEAN Finance Ministers and Central Bank Governors' Meeting on 30th March 2021. This summit also presented the views from the Asian Development Bank (ADB), Asian... [read more]

PT Intiland Development Tbk. (DILD) has completed the topping off of City Apartment Fifty Seven Promenade in the business center district, Jalan M.H. Thamrin, Central Jakarta. The Fifty Seven Promenade is a mixed use and high rise project which resides on a total land area of 3.2 hectares. The first... [read more]

The Ministry of Coordinating Economy Airlangga Hartarto stated that Indonesia’s economy is recovering as shown in the Purchasing Managers Index (PMI) of Indonesian manufacture which reached an expansive level of 50. The World Bank, OECD, ADB and IMF also estimate Indonesia’s economy to grow in 2021... [read more]