The construction of Probolinggo-Banyuwangi (Probowangi) Toll Road with the total length of 172 kilometers will be completed in stages as its low traffic may burden the developers and to assure the return of investment. Another challenge also comes from the financial burden to have a required specifi... [read more]

The Ministry of Public Works and Public Housing (PUPR) aims to complete 19 toll roads of 427 kilometers in length by the end of 2021, totalling the length of 2,764 kilometers in Indonesia. Currently, the operating toll roads have reached 2,391 kilometers, including Suramadu. Since January until Apri... [read more]

The Central Bureau of Statistics (BPS) recorded Indonesia’s trade balance with a surplus of US$ 2.36 billion or approximately Rp 33.89 trillion in May 2021. The May 2021 export recorded at US$ 16.60 billion or declining by 10.25% from exports in April 2021. Compared to May 2020, the exports increase... [read more]

PT Intiland Development Tbk (DILD) continued to launch new residential clusters in Surabaya. After launching commercial products within its Tierra Mixed-Use and High-Rise integrated area, DILD will launch three new clusters in the Graha Natura residential, comprising Alamanda, Edenia Extension, and... [read more]

PT Metropolitan Land Tbk (MTLA) will focus on developing its existing projects this year and to launch new product clusters in the existing projects. Several new projects to be released this year are located in Metland Cybercity and Metland Puri projects which will rely on the digital marketing effo... [read more]