The pandemic has not prevented consumers from investing in foreign real estate. This could be seen by the Sydney-based developer company Crown Group, which successfully made a sale transaction of Mastery by Crown Group from Indonesia amounting to IDR 106 billion. "Mastery by Crown Group has managed... [read more]

Agung Podomoro Group accelerates construction of its top residential clusters in Samarinda, namely The Premiere Hills and Bukit Mediterania Samarinda. This is to catch up with the construction of the new capital city in Penajam Paser Utara, East Kalimantan. General Manager of Marketing for The Premi... [read more]

The Central Bank of Indonesia’s Consumer Survey in August 2022 indicated that consumer confidence in the domestic economy had increased. This was reflected in the August 2022 Consumer Confidence Index (IKK) that reached 124.7 from 123.2 in July 2022. [read more]

The government is confident that Indonesia’s economy will grow in the 5.1%-5.4% range this year. The increase in subsidized and unsubsidized fuel prices is estimated to affect the economic growth relatively low, at approximately 0,09%. Currently, Indonesia’s economy continues to show a strong recove... [read more]

PT Jasa Marga (Persero) Tbk. through PT Jasamarga Bali Tol (JBT) completed the finishing phase of the Bali-Mandara Toll Road, the main transportation infrastructure for the delegates and invitees of the G20 Summit, in August 2022. Photovoltaic power plants (PLTS) who collaborate with PT Bukit EWener... [read more]