PT Waskita Karya (Persero) Tbk is reported to postpone the initial public offering of its subsidiaries, namely PT Waskita Karya Realty (WTR) and PT Waskita Karya Infrastruktur (WKI) due to the Covid-19 pandemic. Waskita Karya is also reported to successfully negotiate with 21 banks for the holding c... [read more]

In 2021, PT Puradeltamas Lestari Tbk aimed for Rp 2 trillion in marketing sales and in the first semester of 2021 has achieved Rp 905 billion in marketing sales or 45.2% of the targeted. Furthermore, Sinar Mas Land through PT Puradelta Lestari Tbk (DMAS), the developer of Deltamas City was awarded a... [read more]

PIK 2 is planning to develop a sport center near the Rumah Milenial area and Pasir Putih Residences PIK 2. The sport center will be constructed on an approximate 43 hectares of land area next to a lake with 20 badminton courts. The project will also have tribunes for spectators and fit for national... [read more]

The Salim Group is in talks to acquire bank funding of US$500 million for a digital infrastructure development with US$ 100 million of the total to be allocated for the development and operational of a data center in its industrial estate. Meanwhile, PT DCI Indonesia Tbk (DCII) has announced the con... [read more]

PT Bank Tabungan Negara (BTN) is developing a residential digital platform as one of its strategies to be the one-stop financial inclusion for the public to access mortgage (KPR). Currently, BTN is acquiring venture capital for the digital platform development and after the acquisition the platform... [read more]