PT Perintis Triniti Properti (TRIN) recorded Rp11.6 billion in revenue in the first quarter of 2020, lower than in the first quarter of 2019 of Rp75.3 billion. The decline was due to the implementation of PSAK 72. However, its marketing sales revenue in the first quarter was recorded at Rp93.9 billi... [read more]

PT Pembangunan Perumahan (Persero) Tbk (PP) has completed the construction of four Meisterstadt or Pollux Habibie towers in Batam Center, Batam, Riau Islands in two years. The superblock project is constructed on nine hectares of land area by adopting the integrated vertical city concept from German... [read more]

PT Perkebunan Nusantara (PTPN) IX in Batang, Central Java has land to accommodate the relocation of some global companies’ factories to Indonesia. The development of Batang Integrated Industrial Estate will be done in three phases with the first on a 450-hectare of land area. The development will al... [read more]

The government and the Central Bank of Indonesia (BI) are committed to complete the burden sharing scheme regarding the funding of national economy recovery. The latest discussion covers the public funding to be bourne 100% by the central bank, while non-public goods funding to be bourne by the gove... [read more]

PT Lippo Cikarang Tbk (LPCK) has booked the total of Rp574 billion in revenue by the first quarter of 2020 or 44% higher than in the same period last year when it was recorded at Rp399 billion. The growth was contributed mainly from the sales of houses and apartment units worth Rp562 billion in the... [read more]