The Ministry of Public Works and Housing (PUPR) continues the construction of the Flood and Rob Management Embankment in Semarang, Central Java. Currently, the progress of the infrastructure project with a total length of 3.6 kilometers has reached 85%. President Joko Widodo stated that the project... [read more]

President Joko Widodo has officiated Setangga Special Economic zone (KEK) through the Government Regulation Number 26 Year 2024 on 13th June 2024. The KEK with the total land area of 668.3 hectares and located in Tanah Bumbu Regency, South Kalimantan will be developed for the smelter, fractionation,... [read more]

The global hotel network, Hilton International will launch four new hotels in Indonesia with the agreement signing ceremony conducted on Tuesday (11th June). The four new hotels comprising Hilton Bandung Padalarang with the completion plan in 2026, Hilton Garden Inn Manado and Hilton Manado in North... [read more]

PT Summarecon Agung Tbk (SMRA) allocates Rp 1 Trillion this year to acquire land banks. Currently, SMRA has acquired a total of 2,000 hectares of landbank. As of the first quarter of this year, SMRA has realized 40% of its total capital expenditure for 2024. SMRA has also inaugurated the constructio... [read more]

PT Adhi Commuter Properti Tbk (ADCO) reported that the construction progress of LRT City Cibubur of bore pile construction for the foundation of LRT City Cibubur Tower, as of June 2024, has reached 100%. The project will be continued with the construction of basement structure. The topping off of th... [read more]