Based on the data from the Central Bureau of Statistics (BPS), the Gross Fixed Capital Formation (PMTB) in the second quarter of 2019 was at 5.01% (YOY), lower than in the same period last year of 5.85% (YOY). In the assumption of economic growth in the 2020 State Budget, the Government has set PMTB... [read more]

PAM Group, through its subsidiary PT Wulandari Bangun Laksana, continues its property development in the Coastal Road area which most of the land area are reclaimed land area. The Coastal Road project resides on 55 hectares of land area and is located in the middle of a city and close to Sultan Aji... [read more]

Ciputra Group offers its latest shophouses in the Grandeur Plaza Block, CitraLand Botanical City, Pangkalpinang, Bangka Belitung Islands Province (Babel). The development area of CitraLand Botanical City is 60 hectares of land area that comprise of residential, commercial, and green areas. The lates... [read more]

The Central Bureau of Statistics recorded that July inflation was at 0.31% in 82 surveyed cities. The inflation of the January-July calendar inflation was recorded at 2.36% or 3.32% annually. The inflation rate was below the targeted inflation rate. [read more]

Kuala Tanjung-Tebing Tinggi-Parapat Toll Road is aimed to be completed in phases in 2020. The project is part of the Trans-Sumatera that will have six sections. Currently, the construction has been started for Section I Tebing Tinggi-Inderapura (20.4 km) and Section IV Serbelawan-Pematang Siantar (2... [read more]