After construction delays due to weather conditions, the government is optimistic that Nusantara Capital (IKN) Airport in East Kalimantan will be ready for limited operation by early September 2024. The Minister of Transportation, Budi Karya Sumadi, stated that the Ministry of Transportation and the... [read more]

The Ministry of Public Works and Housing (PUPR) aims to complete the Patimban Access Toll Road, which has an investment value of Rp 5.02 trillion, by 2025. One of the National Strategic Projects (PSN) has the total length of 37.05 km and will be connected to the Cikopo-Palimanan (Cipali) Toll Road a... [read more]

Digital transaction performance is estimated to grow 14 folds, driven by the potential growth of the national economy to 10.05 billion transactions from 600 million transactions recorded in 2023. The three strategic environmental aspects to accelerate the growth including demographic shifts, digital... [read more]

The management of Kertajati Industrial Estate Majalengka (MEM) claims that seven investors have invested in the industrial estate located near the Kertajati Airport, Majalengka Regency, West Java with investment value reaching Rp 40 billion in 2024. This latest industrial estate in Majalengka has th... [read more]

PT Bumi Serpong Damai Tbk. (BSDE) achieved Rp 2.33 trillion in net profit during the first semester of 2024, growing by 94.28% annually (yoy). The growth in net profit was driven by its business performance which reached Rp 7.34 trillion during the January-June 2024 period, or growing by 46.99% from... [read more]