The Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN) has prepared stimulus in the agrarian sector for those who are affected by the Covid-19 pandemic by providing deferment for the extension of Right to Build (HBU) and Right to Cultivate (HGU) expiration until the end... [read more]

Adhi Commuter Properti’s plan to conduct its Initial Public Offering (IPO) in the second quarter of 2020 is postponed until the Covid-19 pandemic shows signs of subsiding and the economy recovery runs smoothly. Adhi Commuter Property plans to sell 30% of its shares to the public and aims to obtain R... [read more]

Surya Semesta Internusa Tbk (SSIA) continues with the plan of groundbreaking the Subang City of Industry project in September 2020 and starting the marketing sales of the project. There are 25-30 or 200 hectares of inquiries already which mostly came from Japanese automotive companies. The project’s... [read more]

The Central Bureau of Statistics (BPS) recorded Indonesia Trade Balance in March 2020 with surplus of US$743 million. The surplus came from export that grew 0.23% from February 2020 to US$14.09 billion and import that grew 15.6% from February 2020 to US$13.35 billion. [read more]

PT Metropolitan Land Tbk posted Rp250 billion in marketing sales in the first quarter of this year from the targeted Rp2 trillion for this year. The detail target comprises Rp1.5 trillion from presales and Rp500 billion from commercial. The slow realization was affected by the delay of new project l... [read more]