Based on the June 2024 Survey of Bank Indonesia, the Consumer Confident Index (IKK) was at 123.3, or lower than the level in May 2024 of 124.2. However, this level remains in the optimistic zone. [read more]

The C toll lane with the total length of 26.18 kilometers has been operational for the public. The toll lane is a part of the Jakarta Outer Ring Road (JORR) 2 network under PT Cimanggis Cibitung Tollways management as the toll road right concession holder. The toll lane is aimed to increase the tran... [read more]

Ciputra Group launches its recreational and culinary area named WoodLand in the CitraLand Cibubur area, Transyogi. WoodLand resides on a total land area of 1.93 hectares and will be developed in two phases. In the first phase, a total land area of 1.16 hectares comprising 17 tenants will be develope... [read more]

PT Summarecon Agung Tbk. plans to launch New Block from Crystal Boulevard Signature Commercial Summarecon Bekasi on 20th July 2024 at prices starting from Rp3.6 billion per unit. The shophouse units of three and four stories will only be available in 36 units with high ceiling design to provide luxu... [read more]

Indonesia’s tax system is entering a new era. The Tax Directorate General Information System (SIDJP) will be replaced with the Core Tax Administration System (CTAS) or Sistem Inti Administrasi Perpajakan (SIAP). Currently, SIAP system is under the trial phase. The system is expected to make the taxa... [read more]