To welcome the fiscal incentive in the property sector and residential which effectives in November 2023, Agung Sedayu Group and Salim Group, and PT Pantai Indah Kapuk dua Tbk (PANI) develop houses, apartments, shophouses at prices less than Rp2 billion and below Rp5 billion. The incentives of Gover... [read more]

Agung Podomoro Land (APLN) expands its property business into the Sumatra region through its collaboration with Capital Group, Podomoro City Deli Medan, by aiming the potential of the property market in Pekanbaru, Riau. APLN business unit is currently one of the fastest growing properties due to its... [read more]

PT Lippo Karawaci Tbk (LPKR) welcomes the government's policy to provide tax incentives for houses priced below Rp2 billion by boosting its landed house sales in the fourth quarter of 2023. As of the third quarter of 2023, LPKR recorded its marketing sales reaching Rp3.36 trillion or 68.5% of the 20... [read more]

The Central Bureau of Statistics (BPS) reported that October 2023 inflation was at 0.17% mtm or 2.56%. Annually, the inflation rate was recorded at 2.56% yoy or 1.80% year to date. [read more]

The government has officially started the construction of Jakarta LRT Phase 1B Velodrome-Manggarai which spans a total length of 6.4 km on Monday (10 October) by conducting the groundbreaking ceremony attended by the Minister of Transportation Budi Kaya Sumadi and the Governor of DKI Jakarta Heru Bu... [read more]