Jakarta to Revitalize Historic Districts with MRT Project and 'Myeongdong'-Inspired Development
The Governor of Jakarta has announced plans to connect the historic districts of Pasar Baru, Glodok Chinatown, and Kota Tua through an MRT (Mass Rapid Transit) construction project. Pasar Baru, in particular, aims to become a 24-hour culinary hub, emulating the vibrancy of Seoul's 'Myeongdong'.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- MSCI Downgrade Threat Shakes Indonesian Market, Domestic Players Fight Back
Indonesia's capital market shows signs of recovery following an MSCI downgrade threat, with domestic investors stepping in to buy, according to the OJK. However, strengthening law enforcement remains a key challenge.
- Indonesia's Antam Gold Price Forecasted to Fluctuate on October 24, 2026
PT Antam Tbk (ANTM) gold bar prices are predicted to fluctuate on Saturday, October 24, 2026. Experts suggest support levels if prices fall and target prices if they rise.
- AKRA Posts 32.61% Profit Growth Driven by JIIPE, Analysts Set Price Target
PT AKR Corporindo Tbk (AKRA) reported a 32.61% year-on-year profit increase, driven by its sales volume expansion strategy for the second half of 2026. The Java Integrated Industrial & Port Estate (JIIPE) in Gresik was a key contributor, with analysts setting a price target of Rp 1,590.
- Indonesia Faces Potential Loss of Over $1 Billion in Digital Tax Revenue
Indonesia's potential income tax (PPh) revenue from foreign digital companies is estimated at Rp16.43 trillion annually, but much of it may be going uncollected. Experts point to gaps in tax regulations and enforcement as key issues.