The Finance Ministry’s draft of Macroeconomic Projection and Fiscal Policy (KEM-PPKF) projects the economy will grow between 5.5% and 6% in 2025, considerable stronger than the GDP growth of around 5% for the most of the past decade, except the years of the Corona Virus pandemic and subsequent recov... [read more]

PT Gudang Garam Tbk will develop the Kediri-Tulungagung Toll Road project in East Java Province through PT Surya Sapta Agung Tol (SSAT), a joint operation entity with PT Suryaduta Investama. The establishment of SSAT is to comply with the regulation as stated in the Appointment Letter of the Ministr... [read more]

The January 2024 Consumer Survey conducted by the Bank of Indonesia indicates that the consumers’ confidence to the economy increased from the previous month. This is reflected by the January 2024 Consumers’ Confidence Index (IKK) at 125.0, increased from 123.8 in the previous month.   [read more]

PT Kawasan Industri Jababeka Tbk (KIJA) recorded a total of Rp2.21 trillion in marketing sales in 2023. This achievement grew 11% from the initial target of Rp2 trillion. Meanwhile, its annual marketing sales increased by 29% from its last achievement of Rp1.72 trillion. For 2025, KIJA aims to achie... [read more]

Citra Swarna Group (CSG) handed over nearly 1,000 houses in 2023, comprising 465 units to consumers of Kartika Residence in Klari, Karawang, West Java and 490 units to consumers of Citra Swarna Grande in East Karawang. SDG aims to achieve Rp1.7 trillion revenue in 2024 by expanding its existing proj... [read more]