The government wants the discussions in the legislature over the drafts of the first two omnibus bills to start by mid-January so they can be passed into law by April. Coordinating Economic Minister Airlangga Hartarto said the omnibus bills on … Continue reading →
A series of new digital infrastructure projects are strengthening Indonesia’s information and communications technology (ICT) sector as the country prioritizes the digital economy as an area of growth. In late September, Japanese telecom giant NTT announced it would invest US$500 … Continue reading →
Keppel Land, the real estate arm of Singapore-based conglomerate Keppel Corp, signed a conditional sales and purchase agreement with Indonesia’s Bank Central Asia, or BCA, to acquire a central business district area in Jakarta. According to a company statement released … Continue reading →
China Communications Construction Group (CCCG) through its subsidiary PT China Harbor Jakarta Real Estate Development officially started the construction of Daan Mogot City or Damoci in West Jakarta. The first phase of investment fund of Rp 4 trillion is prioritized … Continue reading →
A number of businesses experts provided an evaluation on the performance of subsidized housing development. Experts asserted that the low percentage of housing construction achievement is mainly caused by a number of obstacles faced in the beginning of 2017. Chairman … Continue reading →