The Statistics Indonesia (BPS) recorded Indonesia’s economic growth reaching 5.05% with the government capital spending reaching 1.42%, lower than the spending in the first quarter of 2024 which was recorded at 19.9%. Based on the Gross Domestic Product (GDP) on the current price, Indonesia’s econom... [read more]

Summarecon will launch its latest product, Cluster Hillary which is strategically located next to Summarecon Mall Bandung on 15th August 2024. The product will be offered limited to 28 houses, comprising basic and premium types. For houses with the size 10x20 meters the prices are offered starting f... [read more]

PT MNC Land Tbk. (KPIG) reported that Lido City Special Economic Zone (KEK) realized Rp 4.67 trillion in investment as of the second quarter of 2024. In this period, the tourism sector KEK also employed 4,351 workers. Furthermore, MNC Lido City KEK will launch a number of new projects this year, inc... [read more]

PT Dana Tabungan dan Asuransi Pegawai Negeri (Persero) (TASPEN), through its subsidiary Taspen Properti, to collaborate with Mitsubishi Estate Co Ltd to hold the brand launching of Oasis Central Sudirman Project titled “Two Sudirman Jakarta.” Through PT Central Sudirman Development, Taspen collabora... [read more]

PT Bumi Serpong Damai Tbk (BSDE), a part of Sinarmas Group, is negotiating with Top Global Limited for the acquisition of PT Suryamas Dutamakmur Tbk (SMDM). BSDE offers to acquire 91.99% of SMDM shares from Top Global Limited’s issued and paid up capital. This plan is in line with BSDE’s strategy in... [read more]