Lippo Malls Indonesia Retail Trust (LMIRT) recorded a higher annual lease revenue and gross revenue at US$ 29.6 million (Rp 315.5 billion) and US$ 49.7 million (Rp 529.7 billion), respectively from previously US$12.6 billion (Rp 134.3 billion) and US$ 27.4 million (Rp 292 billion) in the second quar... [read more]

PT Puradelta Lestari Tbk (DMAS), recorded Rp 580 billion in revenue in the first semester of 2021 or 129.5% higher than in the same period last year of Rp 253 billion. DMAS recorded a higher profit at Rp 255 billion from Rp 72 billion or increasing by 44% in its profit margin from the same period in... [read more]

PT Agung Podomoro Land Tbk (APLN) recorded its landed house units’ sales increased during the first semester of 2021 with Podomoro Park Bandung, Podomoro golf View, Vimala Hills, and Kota Kertabumi contributed 40% of the total marketing sales. Currently, its flagship product of Burgundy and Kenanga... [read more]

Pressures to the economy have been escalating in the last month. As a result, it has prompted the economists to forecast that the Central Bank of Indonesia will keep the 7 Day Reverse Repo Rate at 3.5% in the coming Board of Governor Meeting. [read more]

The Ministry of Investment/Investment Coordinating Board (BKPM) revealed that there are 162 companies from 10 countries with a total investment plan of US$ 84.18 billion (Rp 1,222 trillion) are interested in relocating or expanding their businesses to Indonesia. Twenty-three of them with the total i... [read more]