Tanrise Property has appointed PT Wijaya Karya Bangunan Gedung Tbk. (Wika Gedung) to be the primary contractor for Kyo Society, a Japanese themed apartment project located at Jl. Raya Panjang Jiwo Permai. Previously, the foundation construction was completed in the end of January 2021 by PT Indonesi... [read more]

The Central Bank of Indonesia (BI) estimated February 2021 inflation rate to remain in a relatively low level or at approximately 0.07% month to month. This projection is lower than the inflation rate in the same period last year of 0.28%. The calendar inflation rate for February 2021 is estimated a... [read more]

PT Jasa Marga (Persero) Tbk. through its subsidiary, PT Jasamarga Kunciran Cengkareng (JKC) continues the construction of Cengkareng-Batuceper-Kunciran Toll Road which is expected to operate soon. As of 14 February 2021, the construction progress or the physical construction has reached 93.06% with... [read more]

PT Puradelta Lestari Tbk. (DMAS) aims for Rp2 trillion in marketing sales this year or 16.31% less than its marketing sales in 2020 of Rp2.39 trillion. This target will be supported by the sales of industrial estates as the potential in this sector remains positive in 2021 in line with the high dema... [read more]

The Central Bank of Indonesia (BI) decided to lower the key interest rate or BI 7 Days Reverse Repo Rate by 25 basis points (bps) to 3.5%. In addition, BI also lowered the deposit facility interest rate by 25 bps to 2.75% and lending facility to 4.25%. [read more]