President Joko Widodo (Jokowi) has set the target of travel time between Sultan Aji Muhammad Sulaiman Sepinggan in Balikpapan and New Capital City (IKN) Nusantara at 30 minutes. Thus, the Ministry of Public Works and Public Housing (PUPR) through Bina Marga Directorate General (Ditjen) have decided... [read more]

PT Diamond Citra Propertindo Tbk (DADA), through its subsidiary Diamondland Development, has entered into a strategic partnership with PT KAI Properti to develop the Kemayoran Station TOD Development in Jakarta. The TOD project resides on a total land area of 1,800.85 square meters on Jalan Garuda,... [read more]

Easton Urban Kapital launched a new housing project, named Memora House, on a total land area of two hectares in Pamulang, South Tangerang, its largest project in the Greater Jakarta Area. The project will comprise three clusters, comprising Momentum, Milestone and Miracles clusters with a total of... [read more]

PT Matahari Department Store Tbk (LPPF) will open 10 new outlets this year as the recovery in economy and public mobility resumes. LPPF has allocated Rp400 billion in capital expenditure to open new outlets and its strategic omni channel. Additionally, LPPF recorded Rp1.3 trillion in EBITDA in the f... [read more]

Pelangi Hotel Internasional (PHI) Group, the owner and operators of several hotels in Indonesia, signed a memorandum of understanding (MoU) with four hotels, namely Hotel Pelangi Inn Malang, Hotel The Forest Cisarua Bogor, Grand Pelangi Bontang and Hotel Weta Internasional Surabaya. "PHI is aiming t... [read more]