PT Pakuwon Jati Tbk. (PWON) reported that its current occupancy rate remained in the safe level or above 90% for malls in Jakarta and Surabaya in its management. The visit number of PWON’s mall in Surabaya is also reported to return to its normal level between 85% and 90%. However, the number of vis... [read more]

PT Puradelta Lestari Tbk. (DMAS) owns 1,276 hectares of land bank in Kota Deltamas as of 30 September 2020, comprising 406 hectares for industrial, 494 hectares for commercial and 377 hectares for residential. The industrial project of DMAS named Greenland International Industry Center (GIIC) reside... [read more]

BPS reported the 2020 inflation at 1.68%, the lowest since it started the inflation data compilation back in 1966. Compared to 2014, 2020 inflation was at the low level. In 2014, inflation was recorded at 8.3%, then it declined to 3.35% in 2015. In 2016, inflation was recorded at 3.02% and in 2017 a... [read more]

The Central Bureau of Statistics (BPS) reported that the number of foreign tourist visits to Indonesia in November 2020 has reached 175,300 visits, a sharp decline by 86.31% from November 2019. However, the number of visits grew by 13.9% from 153,900 visits in October 2020. [read more]

Canada Pension Plan Investment Board and logistic specialist real estate company, LOGOS announced the establishment of a new modern logistics facility in the Greater Jakarta Area, Indonesia with the investment of US$200 million. This joint venture will develop a portfolio of facilities aiming for th... [read more]