FOX Hotels, part of TAUZIA Hotels, continues expansion by opening two new properties in Eastern Indonesia, comprising FOX Lite Jayapura and FOX Lite Royal Bay Makassar. Moreover, TAUZIA Hotels will also announce the launch of FOX Lite Cikarang dan FOX HARRIS Pangkalpinang Bangka. [read more]

Several property and construction companies claim that the implementation of new accounting standard, comprising PSAK 71, 72 and 73 will have no significant effect. The reporting regulation which was implemented in 2020 will not affect the reporting of companies’ performance because most of the port... [read more]

Juanda Transpark Bekasi, West Java conducted the topping-off ceremony of its third tower, the Ruby Tower in Bekasi, West Java. Transpark offers 700 to 800 units in each of its towers. The units in Jade Tower have been sold out, Saphire Tower have been 90% sold and Ruby Tower has been 80% sold. Meanw... [read more]

Visitors number to various shopping center in Jakarta has declined in line with the outbreak of corona virus cases in Indonesia and as of Saturday 14 March 2020, it has reached 50% decline. To mitigate the decline, Indonesia Shopping Center Association (Asosiasi Pengelola Pusat Belanja Indonesia/APP... [read more]

Based on the data from the Current Exchange Information (Pusat Informasi Pasar Uang/PIPU), the highest interest rate for time deposit is 6.1% for a three-month tenure from Mayora Bank. While for a six-month tenure, the highest is 5.9% from BTN Bank. For a 12-month tenure, the highest interest is 5.9... [read more]