PT Dana Tabungan dan Asuransi Pegawai Negeri (Persero) or PT Taspen, through its business line, Taspen Properti, has signed a cooperation with a Japanese company, Mitsubishi Estate Co. Ltd. to continue the development of Oasis Central Sudirman with the transaction value of Rp10.6 trillion. The proje... [read more]

PT Perintis Triniti Properti Tbk. (TRIN) or Triniti Land recorded its marketing revenue at Rp 608.6 billion as of May 2024. This amount is 50.7% of the 2024 target of Rp1.2 trillion. The largest contribution to TRIN’s marketing revenue came from the Sequoia Hills project reaching Rp3213 billion or 5... [read more]

The Ministry of Transportation (Kemenhub) aims to complete the extended route of LRT Jakarta Phase 1B Velodrome-Manggarai in the third quarter of 2026. As of the second week of June 2024, the construction progress has reached 18.147%. In this phase, the LRT route will be extended by 6.4 kilometers,... [read more]

The Ministry of Finance reported that the State Budget Deficit (APBN) was recorded with a Rp 21.8 trillion deficit or 0.1% of the Gross Domestic Product (DB) as of 31st May 2024.  Meanwhile, the primary balance was recorded with Rp 184.2 trillion surplus. [read more]

The Indrapura-Kisaran Toll Road is officially connected and completed the Trans-Sumatera Toll Network (JTTS) with the operation of Section 2 of Lima Puluh-Kisaran which has a total length of 31.9 kilometers in May 2024. Previously, Section 1 Indrapura-Lima Puluh, which spans the total of 15.6 kilome... [read more]