The Ministry of Industry (Kemperin) is in the effort to increase the number of industrial estates in Indonesia by aiming to develop approximately 156 industrial estates in Indonesia with approximately 65,000 hectares of land areas. As of June 2020, there were 118 industrial estates with approximatel... [read more]

The Krian-Legundi-Bunder (KLB) Toll Road construction connecting Sidoarjo Regency and Gresik Regency has reached 99% with an estimated completion by the end of October 2020. The remaining construction work is currently on the road paving for lanes that cross Surabaya-Mojokerto (Sumo) Toll Road of 20... [read more]

In the first semester of 2020, the manufacturing sector increased to Rp129.6 trillion or 23.9% from the same period in 2019 when it was recorded at Rp104.6 trillion. Based on the data from the Coordinating Board of Investment (BKPM), the manufacturing sector significantly contributed to the foreign... [read more]

PT Ciptadana Asset Management plans to delist the DIRE Ciptadana Properti Perhotelan Padjajaran (XCIS) on the Indonesian Stock Exchange (BEI) during the General Meeting of Shareholders for the DIRE Ciptadana Properti Perhotelan Padjajaran. The DIRE of Ciptadana Properti Padjajaran owns assets of Sal... [read more]

In the first period of Move-in-Quickly, Sinar Mas Land achieved Rp635 billion through the sales of Jadeite, Golden Vienna and BSD Autoparts in BSD City and Nebraska residential in Kota Wisata Cibubur which were sold out. In Jakarta, Sinar Mas Land is offering the two-tower apartment named The Elemen... [read more]