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]

Astra Property and Hongkong Land will soon celebrate the topping off ceremony of Arumaya Residence in March 2021. Currently, the construction has progressed to level 24. Located in the business area of TB Simatupang, Arumaya Residences is offering an integrated development concept surrounded by two... [read more]

PT Megapolitan Developments Tbk. (EMDE) faces challenges in launching new projects due to Covid-19 pandemic and it has planned only one new project in 2021. A new landed housing project will be launched named Cinere Golf Residence – Exclusive, comprising 85 units. Along with the new launch, EMDE wil... [read more]

The Ministry of Public Work and Housing (PUPR) through the Regional Infrastructure Development Agency (BPIW) will prioritize 230 special economic zones in Indonesia as part of the 2021 RPJMN.  Some of the prioritized economic zones in Sumatra, include the Special Economic Zone (KEK) of Arun Lhokseum... [read more]

The Central Bureau of Statistics (BPS) recorded the trade balance with a surplus of US$1 billion. Specifically, the February 2021 export was recorded at US$15.27 billion. Cumulatively, from January 2021 to February 2021 the surplus was recorded at US$3.96 billion. The surplus was higher than in Janu... [read more]