Industrial Estate Association (Himpunan Kawasan Industri) proposes that industrial land lease can reach 80 years, as applied by other countries with rent decided by business calculation and not by the government to attract factory relocation from China to Indonesia. Previously, the Investment Coordi... [read more]

PT Maha Properti Indonesia Tbk. obtained fresh fund of Rp156.34 billion from its initial public offering. The fund is allocated for three purposes, the first is the construction of Simprug Signature project with 80% of the total fund or Rp125.07 billion, secondly Rp23.45 billion or 15% for the const... [read more]

In the Indonesia Economic Prospect, the World Bank projects zero economic growth for Indonesia this year. Furthermore, the World Bank estimates the recovery process to start gradually despite the weak basis for this projection. Economic growth in 2021 is expected to grow by 4.8%, in line with the gr... [read more]

In the first quarter 2020, PT Kawasan Industri Jababeka Tbk (KIJA) recorded Rp111 billion of marketing sales or declining by 49.77% from Rp221 billion last year due to the physical distancing. The marketing sales were contributed by the commercial segment at 40% of the total, followed by the industr... [read more]

The Investment Coordinating Board (BKPM) is looking to solve the bottleneck of Rp300 trillion (US$20.83 billion) worth of investment commitments in the pipeline as the pandemic slows down the investment realization. Investment realization in the first quarter this year reached Rp210.7 trillion, incr... [read more]