The Head of Infrastructure Development Operation Task Force Implementation of Nusantara Capital (IKN) Danis Hidayat Sumadilaga, stated that the First Phase of IKN development to be completed in 2024. This phase comprises the basic infrastructure development for the 2022-2024 duration. The first phas... [read more]

PT Sentul City Tbk. (BKSL) recorded positive performance with positive net profit attributable to the holding entity throughout 2023 at Rp332.3 billion. BKSL also recorded significant positive revenue of 115.56% increase to Rp1.72 billion as of 31 December 2023. In 2022, BKSL recorded its revenue at... [read more]

In 2023, PT Jababeka Tbk (KIJA) records it real estates marketing sales at Rp2.21 trillion or 11% higher than its target of Rp2 trillion in early 2023, and 29% higher than its achievement in 2022 of Rp1.72 trillion. KIJA also recorded its net profit surged to Rp528.6 billion in 2023 from Rp41 billio... [read more]

The Central Bank of Indonesia (BI) reported that Indonesia’s Financial System Stability (FSS) has been well maintained despite the continuation of the global uncertainty since 2023. Indonesia’s financial system resilience was reflected by adequate liquidity, lower credit risk and stronger capitaliza... [read more]

PT Pakuwon Jati (PWON) recorded its 2023 net profit with 30.2% growth to Rp2,3 trillion, compared to from the previous year when it was recorded at Rp1.8 trillion. The net profit came from its annual net revenue in 2023 when it grew by 3.6% to Rp6.2 trillion from Rp5.9 trillion in the previous year.... [read more]