PT Perintis Triniti Properti Tbk. (TRIN) reported 125% month to month sales growth in December from November 2020. The largest contributor was the mixed-use project named Marc’s Boulevard in Batam at 53%. In 2021, TRIN will focus on a new project development, including TOD projects, Affordable Housi... [read more]

The Minister of Finance Sri Mulyani projects that economy growth will start to accelerate in the second quarter of 2021 in line with the national economy recovery program amidst the global challenges from the Covid-10 pandemic. In the 2021 State Budget, the state revenue is aimed at Rp1,743.6 trilli... [read more]

According to Indonesian Hotel and Restaurant Association (PHRI), the opportunity loss from the hotel and restaurant business sector in 2020 caused by the pandemic reaches Rp50 trillion, calculated from the hotel occupancies with the total of 800,000 rooms in Indonesia. PHRI is optimistic that the ho... [read more]

Citraland Cibubur launched its latest cluster this year, Monterrey Cluster, a landed housing with the concept of Smart Living after the success its New Areca cluster in 2020. Monterrey Clusters comprises 302 house units with three types ready to market in early February 2021. The project resides on... [read more]

PT Wijaya Karya (Persero) Tbk. will complete the construction of Serang-Panimbang Section 1 Toll Lane in the first semester of 2021. The progress of this project has reached 88% by the end of 2020 and it is estimated to be functional by May 2021. WIKA, through its subsidiary, PT Wijaya Karya Serang... [read more]