PT Bekasi Fajar Industrial Estate Tbk. (BEST) and PT AKR Corporindo Tbk. (AKRA) will focus on their industrial estate businesses. BEST has allocated Rp300 billion to Rp350 billion for a land acquisition and infrastructure developments in its industrial estates in 2021. As of May 2021, Rp55 billion o... [read more]

Crown Group will expand its business in several cities, including Sydney while also observing investment potentials in Melbourne, Brisbane and Indonesia. While focusing in Australia, Crown is also interested to expand to Indonesia as it is one of the top five largest countries in GDP based on the Wo... [read more]

PT Puradelta Lestari Tbk (DMAS) secured Rp 905 billion in marketing sales in the first semester of 2021 or equal to 45.2% of its marketing sales target for 2021 of Rp 2 trillion. Most of the marketing sales were contributed by industrial land plots sales of 43.3 hectares. To achieve its target for 2... [read more]

The Central Bureau of Statistics (BPS) recorded June 2021 inflation at 0.14%, lower than in May 2021 of 0.24%, but it remained higher than in June 2020. Annually, BPS recorded the core inflation in June 2021 at 1.49% (yoy), higher than in the previous month. [read more]

The Ministry of Finance Sri Mulyani Indrawati estimated that the growth in the second quarter of 2021 will range between 7.1% and 7.5% yoy. This estimation was corrected from the previous estimation of 7.1% to 8.3% yoy range. The Minister predicted that the economic correction may be realized in the... [read more]