The Head of the Nusantara Capital City Authority (IKN), Basuki Hadimuljono, stated that the development of IKN will continue. All incomplete extension projects will be completed by the ministries. The List of Project Implementation Budget (DIPAL) of IKN Authority for new project development has been... [read more]

PT Puradelta Lestari Tbk. (DMAS), achieved Rp466 billion in marketing sales in the first quarter of 2025. This achievement is equal to approximately 26% of the targeted marketing sales for 2025 of Rp1.81 trillion. DMAS’s marketing sales in early 2025 mainly came from the sales of industrial estates. [read more]

PT Metropolitan Land Tbk. (MTLA), or Metland, recorded Rp2.021 trillion in business revenue, or growing by 18.52% from the same period last year (yoy) of Rp1.75 trillion. Similarly, net profit to be attributed to the holding entity in 2024 was recorded at Rp469 billion or growing by 12.37% from the... [read more]

Bank Indonesia reported the national foreign exchange reserve by the end of March 2025 was at US$157.1 billion. This reserve increased from February 2025 when it was recorded at US$154.5 billion. This amount is equal to 6.7 months of import or 6.5 months of import and government debt payment and app... [read more]

PT Hutama Karya (Persero) reported the progress of Section 1 Betung-Tungkal Jaya Toll Road which spans the total of 62.38 km has reached 15.29% in construction and 25.47% in land acquisition, meanwhile Section 2 of Tungkal Jaya-Bayung Lencir which spans the total of 54.32 km has reached 4.79% in con... [read more]