PT Kawasan Industri Terpadu (KIT) Batang, or Grand Batang City, recorded Rp966 billion sales in 2023. As of now, this achievement is the highest from KIT Batang. The tenants in 2023 are included in the second phase of development on a total land area of 400 hectares. Moreover, investors’ enthusiasm... [read more]

PT Bumi Serpong Damai Tbk. (BSDE) recorded it's marketing sales at Rp9.5 trillion in 2023, surpassing the company's targeted amount of Rp8.8 trillion. BSDE is recorded as the company with the second highest marketing sales after PT Ciputra Development Tbk. (CTRA) who achieved Rp10.2 trillion in the... [read more]

In 2024, PT Surya Semesta Internusa Tbk. (SSIA) successfully sold 20.5 hectares of industrial land,  increasing by 64% (yoy) with a total value of Rp392 billion. PT AKR Corporindo Tbk. (AKR) also recorded a 44.44% sales increase with a total industrial land area of 130 hectares realized in the JIIPE... [read more]

Based on data from the Ministry of Public Works and Public Housing (PUPR), the first phase of Nusantara Capital (IKN) construction progress as a whole has reached 71.47%. The areas included in the first phase comprises the Presidential Residential and ceremonial field whose progress has reached 54.0... [read more]

The Central Bank of Indonesia (BI) predicts Rupiah's exchange rate to rebound to its fundamentals in the second semester of 2024. This prediction is in line with BI’s projection on the key rate interest policy from the Federal Reserve who may lower its key interest rate and resulting in US Dollar de... [read more]