PT Kereta Cepat Indonesia China (KCIC) as the consortium contractor of Jakarta-Bandung High Speed Train Project has completed the Tunnel One of 13.2 meters in diameter and 1,885 meters in length. The construction was completed by utilizing TBM drill, the largest drill in Southeast Asia without distu... [read more]

PT Mas Murni Indonesia Tbk. plans to complete the construction of its mixed-use project in Embong Malang, Surabaya through one of its subsidiaries, PT Anugerah Mitra Lestari in 24 months since the construction continuation in 2021. In addition, PT Mas Murni Indonesia Tbk. has also acquired 19 hectar... [read more]

PT PP Properti Tbk. is developing the Grand Kamala Lagoon area on a 28-hectare land area with the concept of a floating city in Kalimalang-Bekasi, near the West Bekasi Toll Gate. The project is the first mixed-use project of PP Properti, designed by the Development Design Group, comprising more than... [read more]

PT Adhi Karya (Persero) Tbk. reported that the Greater Jakarta LRT project current completion has reached 80%, including Cawang-Cibubur Lane 1 at 92.4%, Cawang-Kuningan-Dukuh Atas Lane 2 at 76.6% and Cawang-East Bekasi Lane 3 at 88.7%. Adhi Karya as the project contractor, aims to operate the Greate... [read more]

The Central Bureau of Statistics (BPS) reported a surplus for the November 2020 trade balance at US$2.62 billion. The November 2020 export was recorded at US$15.28 billion or 6.36% mom higher than in November 2019 and increasing by 9.54% yoy. Meantime, the November 2020 import was recorded at US$12.... [read more]