PT AKR Corporindo Tbk (AKRA) aims to sell a total of 130 hectares of land area in the Special Economic Zone (KEK) Java Integrated Industrial and Port Estate (JIIPE) in 2024. This aim is in line with the realized land sales in 2023 which reached 90 hectares, higher than the previous target of 70 to 7... [read more]

Adhi Commuter Properti (ADCP) obtained liquid funding from the issuance of ADCP Series III Bonds 2023 at a total of Rp499.9 billion on 8th December 2023. The bonds are guaranteed by the Credit Guarantee & Investment Facility (CGIF), a representative funding agency  of the Asian Development Bank (AND... [read more]

Ahead the third quarter of 2023, the Bank of Indonesia (BI) recorded that since early October 2023 until 21 November 2023, net foreign capital inflow was recorded reaching US$2.6 billion. This influx is potentially due to the potential for the Federal Reserve (the Fed) to keep its key interest rate... [read more]

The Governor of the Bank of Indonesia (BI) Perry Warjiyo stated that Indonesia's inflation rate in 2024 and 2025 will remain under control within the range of 1.5% to 3.5%. The national economy in 2024 is estimated to grow in the 4.7% to 5.5% range in 2024 and in the 4.8% to 5.6% in 2025 – One of th... [read more]

The Authority of Nusantara Capital City (OIKN) stated that the third phase of the groundbreaking of IKN will be realized in the second week of December 2023. The groundbreaking will include three aspects, including the aspect of preserving the natural biodiversity and resources and the infrastructur... [read more]