In the launching ceremony of Coretax in the Ministry of Finance Office on Tuesday (31st December), President Prabowo Subianto reiterated that the 12% VAT must be implemented specifically on luxury goods and services. The reasons for this implementation including the public interest and to put fort t... [read more]

Winner Group collaborates with Artotel Group to manage three hotels in Batam. The hotels comprising Artotel Trans Barelang Batam, Artotel Casa Tiban Batam and ROOMS INC Baloi Batam. Two of the three hotels have started their construction in January 2025, while the last one to start operation in Marc... [read more]

The Head of the Nusantara Capital City Authority (OIKN) Basuki Hadimuljono, announced that the 9th groundbreaking ceremony in Nusantara Capital City (IKN) is planned for January 2025. The investment value of this groundbreaking reaches Rp6.5 trillion from domestic and international companies. There... [read more]

PT Sentul City Tbk (BKSL) is optimistic that the property market will positively grow in 2025, supported by its marketing sales achievement which reached Rp3.4 trillion as of December 2024. In the January-September 2024 period, BKSL recorded Rp426 billion in revenue with the gross profit recorded at... [read more]

Sahid Hotels & Resorts will expand to Tasikmalaya by launching a 4-star villatel aimed to operate starting the first semester of 2026. This expansion is in collaboration with Andalusia Resort Managed by SAHID. The villatel will have the total of 50 units comprising types including 1 bedroom, 2 bedro... [read more]