Despite the on-going Covid-19, mortgage (KPR) application has shown signs of recovery. As of January 2021, the Central Bank of Indonesia (BI) recorded that KPR has grown 3.6% annually (yoy) to Rp521,2 trillion driven by banks who gradually cut mortgage interest rates and provide various promotions. [read more]

PT Jasamarga Related Business (JMRB) aims to maximize the potentials along its toll roads in the Toll Corridor Development (TCD) project. JMRB has signed a joint venture agreement with PT Perintis Triniti Tbk. (TRIN), a subsidiary of PT Triniti Land, to develop properties along toll roads under PT J... [read more]

PT Jasa Marga (Persero) Tbk. is confident to inaugurate the Serpong-Cinere Toll Road and Cengkareng-batuceper-Kunciran Toll Road by the end of March 2021. The two toll roads are part of the Jakarta Outer Ring Road (JORR) II toll network which will be an alternative to access the Soekarno-Hatta Inter... [read more]

President Joko Widodo (Jokowi) is optimistic that tourism in Tana Toraja Regency (Tator) and the mobility of goods and people in South Sulawesi will grow rapidly after the inauguration of Toraja Airport on the 18th of March. The president also inaugurated the Pantar Airport in Alor Regency, East Nus... [read more]

Jakarta Garden Township developed by PT Mitra Sindo Sukses (a subsidiary of PT Modernland Realty Tbk.) is currently marketing and accelerating the development of New Shinano Precast cluster for the consumers to purchase with the incentive of 10% Added Value Tax (PPN) from the government. The houses... [read more]