PT Intiland Development Tbk. launched its latest promotional program, Intiland Story: Fabulous Friday which will run for three months from early October to end of December 2020. The event includes Intiland’s 17 best properties located in Jakarta, Tangerang and Surabaya for all property types, compri... [read more]

Waskita Realty, a subsidiary of PT Waskita Karya (Persero) Tbk., launched it latest hotel, Teraskita Hotel Makassar under the management of PT Dafam Hotel Management. The three-star hotel comprises 125 rooms, residing on a total land area of 1,829 square meters with the facilities of an Infinity Swi... [read more]

As of 25 September 2020, PT Adhi Karya (Persero) Tbk. (ADHI) reported that the progress of Greater Jakarta LRT Project Phase I has reached 77.3%, including the service line 1 Cawang-Cibubur at 91.2%, service line 2 Cawang-Kuningan-Dukuh Atas at 73% and service line 3 Cawang-East Bekasi at 70.7%. ADH... [read more]

The Central Bureau of Statistics (BPS) reported a three-month consecutive deflation of 0.10% in July, 0.05% in August and 0.05% in September 2020. The annual inflation in September was recorded at 1.42%, increasing from 1.32% in August. However, this was lower than in July when it was recorded at 1.... [read more]

The House of Representatives (DPR) has ratified the Stamp Duties Regulation Draft (RUU), canceling the Rp3,000 and Rp6,000 stamp duties into a single Rp10,000 stamp duty. The regulation is effective starting from 1 January 2021, thus documents with value equal to or less than Rp5 million will no lon... [read more]