NEWS

PT Waskita Karya (Persero) Tbk. Reported that the progress construction of the Light Rail Transit (LRT) Jakarta Phase 1B of Velodrome-Manggarai Route has reached 51.19% as of April 2025, or faster than the targeted 50.54%. [read more]

The Bank of Indonesia estimated that April 2025 retail sales to contract by 6.9% from March, when it was recorded with 13.6% growth. The contraction is due to the normalization phase after the increase during the Eid al Ftr national holiday. BI projects April Real Sales Index (IPR) to reach 231.1, p... [read more]

PT Summarecon Agung Tbk (SMRA) expands its portfolios with the launch of Onyx Residence, a family premium residential in Summarecon Mutiara Makassar (SMM). The project is strategically located and accessible through exit toll near an airport and port. The project adopts the concept of contemporary a... [read more]

The International racing team Absolute Racing has officially partnered with InJourney Tourism Development Corporation (ITDC) to develop a luxurious residential and garage facility in the Mandalika Circuit estate, West Nusa Tenggara. One of the members of GT World Challenge Asia invested Rp4.7 billio... [read more]

OXO group Indonesia conducted the pre-launching or unveiling of its latest project named OXO The Pavilions on 8th May. Residing on a total land area of 1.9 hectares in Nyanyi area, Tabanan, Bali, specifically in the Nuanu Creative City, the project comprises 24 exclusive villa units and adopts the c... [read more]