PT Pelabuhan Indonesia lll (Persero) or Pelindo III accelerates the construction of Labuan Bajo Multipurpose Terminal in West Manggarai, East Nusa Tenggara (NTT). Currently, the construction progress has reached 85%. The construction is done by considering the environment and local wisdoms with the... [read more]

PT Wijaya Karya (Persero) Tbk. will complete the construction of Serang-Panimbang Section 1 Toll Lane in the first semester of 2021. The progress of this project has reached 88% by the end of 2020 and it is estimated to be functional by May 2021. WIKA, through its subsidiary, PT Wijaya Karya Serang... [read more]

Citraland Cibubur launched its latest cluster this year, Monterrey Cluster, a landed housing with the concept of Smart Living after the success its New Areca cluster in 2020. Monterrey Clusters comprises 302 house units with three types ready to market in early February 2021. The project resides on... [read more]

According to Indonesian Hotel and Restaurant Association (PHRI), the opportunity loss from the hotel and restaurant business sector in 2020 caused by the pandemic reaches Rp50 trillion, calculated from the hotel occupancies with the total of 800,000 rooms in Indonesia. PHRI is optimistic that the ho... [read more]

The Central Bureau of Statistics (BPS) reported that 2020 trade balance with surplus at US$21.74 billion, the highest since 2011 when it was recorded at S$26.06 billion. The total export in 2020 reached US$163.31 billion or declining by 2.61% annually (yoy). The 2020 trade balance increase was due t... [read more]