TerasX and Bank BTN collaborate in launching Teras Osaka City which adopts the concept of “StarUp Village & Mnimalism” at prices below Rp200 million in Jayalaksana, Cabang Bungin District, Bekasi Regency. In the first phase, a total of 300 houses of 70 square meters in size will be constructed to su... [read more]

PT Perintis Triniti Properti Tbk to develop three new projects in Sentul, Lampung, and Labuan Bajo with investment value of Rp25 trillion, started with the Soft Launch of Sequoia Hill Sentul last month. The three projects will comprise landed houses in the next 10 years on the total land area of 400... [read more]

Bank Indonesia (BI) increased its key interest rate by 50 bps to 4.25%, the second increase this year after the increase of 25 bps in August. BI also ensured that an aggressive or hawkish policy will not be adopted as several central banks have done, as Indonesia’s inflation is relatively manageable... [read more]

The Asian Development Bank (ADB) has lowered the economic growth projection in Asia and Pacific countries to 4.3% this year. Asian Development Outlook 2022 corrected its projection for the region to 4.9% in 2023, from 5.3% in its April projection. [read more]

President Joko Widodo (Jokowi) will inaugurate two new toll lanes, namely Serpong-Balaraja Section 1 of 4 kilometers in total length in the Jakarta Outer Ring Road (JORR) 3 and Cibitung-Cilincing land in JORR 3. The president will also inaugurate the Cibitung-Cilincing toll road, a part of JORR 2. T... [read more]