From the targeted 119 companies, 29 companies from Taiwan potentially relocate their factories to Indonesia as production base diversification. The potential investment from the 119 companies reach US$41.39 billion (Rp608 trillion). Before the Covid-19 pandemic, Taiwanese companies based their produ... [read more]

PT Puradelta Lestari Tbk. is confident to achieve a positive performance this year due to the high inquiry level of approximately 130 hectares. This year, DMAS aims to obtain Rp2 trillion of marketing sales. As of June 2020, it has achieved Rp1.05 trillion or 53% of the target with sales dominated b... [read more]

The budget realization of six groups in the national economic recovery reached Rp182.55 trillion or 26.2%, as reported by the Covid-19 Mitigation and National Economic Recovery Committee (Komite PC-PEN) after a one-month evaluation of the committee’s assignment. In the July-August 2020 period, the b... [read more]

In the first semester of 2020, PT Pakuwon Jati Tbk. (PWON) recorded Rp501 billion of its marketing pre-sales. The landed house project named Grand Pakuwon in Surabaya contributed the most with 20% of the total sales. The pre-sales achievement is equal to 47% of the total target of Rp1.06 trillion in... [read more]

PT Agung Podomoro Land (APLN) reported that Covid-19 pandemic significantly lowered its average daily traffic in its malls. The average daily traffic in Neo Soho declined from 25,000 in 1H-2019 to 16,000 in 2H-2020. The Senayan City Mall recorded a decline from 52,000 in 1H-2019 to 23,000 in 2H-2020... [read more]