The High Speed Train Whoosh Karawang to start operation on Tuesday (24th December) as an effort to increase services during the 2024 Christmas and 2025 New Year holidays. In the first phase, the station will serve 20 travels comprising 10 departures from Whoosh Halim Station and Whoosh Tegalluar Sum... [read more]

In the 2024 National KEK Work Meeting in Jakarta held on Friday (20th December), the Special Economic Zones (KEK) in Indonesia are aimed to attract a total of Rp76.8 trillion in new investments in 2025. The optimism is supported by the cumulative achievement of Rp256.7 trillion recorded in November... [read more]

PT Bakrieland Development Tbk (Bakrieland) through PT Mutiara Masyhur Sejahtera (MMS) has acquired PT Graha Istana Nirwana (GIN), the owner of Aston Sidoarjo City Hotel & Conference Center (Aston Sidoarjo), through a debt-to-equity conversion. The amount of debt converted reaches Rp93.6 billion. Wit... [read more]

PT Putragaya Wahana is optimist that the occupancy rate in the shopping and office center Thamrin Nine Complex will increase and reach 100% in 2025. The multifunction development complex becomes the residential of the tallest building in Indonesia, namely the Autograph Tower which stands the total h... [read more]

The Coordinating Minister for Economic Affairs, Airlangga Hartarto, stated that the Minister of Finance Regulation (PMK) governing luxury goods and services subject to the 12% Value Added Tax (PPN) will be issued before January 2025. In this regulation the government will regulate the category for l... [read more]