PT Winner Nusantara Jaya Tbk (WINR) increased its land bank by acquiring land in Batam and Bogor, funded by its Initial Public Offering (IPO) in Indonesia Stock Exchange of Rp150 billion. Approximately Rp100 billion will be allocated for the 10 hectares’ land acquisition in Batam City and Rp30 billi... [read more]

The Central Bank of Indonesia (BI) in the march 2022 Money in Circulation Analysis reported that the loan disbursement was in the positive trend at Rp5,848.7 trillion or growing by 6.4% yoy, higher than the growth in the previous month of 6.1% yoy. [read more]

SCC Corporation Tbk has launched the Aparkost ITERA Lampung as the pilot project of Apartkost project in Sumatra in 2022-2025 period. Aparkost is a boarding house with an apartment concept developed by SCC Corporation Tbk in Makassar first named the “Padi Green Resort.” The expansion in Sumatra is a... [read more]

PT Jasa Marga (JSMR) held its Annual General Meeting (RUPST) for the 2021 financial year on 27th April 2022.  One of the decisions from the meeting is the approval of the spinoff of Trans-Java lane to PT Jasamarga Transjawa Tol (JTT) through the restructuring program of State-Owned Enterprises. [read more]

Pelita Air has launched its initial flight of Jakarta – Bali – Jakarta route with Airbus A320-200 from Terminal 3 in Soekarno-Hatta Airport to I Gusti Ngurah Rai Bali Airport on 28 April 2022. Currently, Pelita Air Service has 2 units of Airbus A320-200 aircraft which arrived in Jakarta on 11 April... [read more]