The Ministry of Transportation (Kemenhub), through the Directorate General of Air Transportation, targets to complete six new airports in 2024. The airports comprise Banggai Laut Airport, Pahuwato Airport, Bolmong Airport, Sobaham Airport, Singkawang Airport and Mandailing Natal Airport. The Secreta... [read more]

The Ministry of National Development Planning (PPN)/Bappenas revealed that the government has set the macro assumptions for 2025 Macro Economic Policies and the Main Fiscal Policies (KEM-PPKF). The inflation in the 2025 KEM-PPKF was set at 2.5±1%, Rupiah exchange rate at Rp15,000-Rp15,400 per US dol... [read more]

PT Hutama Karya (Persero) has completed the Functionality Test (ULF) of the Indrapura-Kisaran Toll Road Section Limapuluh-Kisaran which has the total length of 32.15 kilometers to expedite the operation of one of the lanes of the Trans Sumatra Toll Road (JTTS) and be ready for the Lebaran travel. Th... [read more]

PT Gudang Garam Tbk. (GGRM) will start the construction of Kediri-Tulungagung Toll Road with a total length of 44.17 kilometers in the second quarter of 2024 with the total investment value of Rp9.92 trillion after the signing of Toll Road Management Agreement (PPJT) between the government and PT Su... [read more]

Lippo Karawaci Tbk (LPKR), through LippoLand, has launched the product extension through the Zen Series which comprises Q Livin, improvement XYZ Livin (type X3 and X5), as well as type 2 and type 3 of Cendana Livin in Serpong. Q Livin is an innovative landed house product with the total land area of... [read more]