Swancity and Mitsubishi Estate Residence form a joint venture named PT Swancity MJR Investment Tangerang to develop a small Japanese-style township on a 27.39-hectare land area in the heart of Tangerang New City (TNG). The project is named Daisan following the success of Lavon phase 1 and 2 which pr... [read more]

Paramount Land will launch Nara Village, its latest residential which adopts the concept of Japanese Healthy Living in a multi-accessed location in Gading Serpong next to BSD City, in phases for the total of 128 units with price starting from Rp1.7 billion (including value added tax) per unit. Each... [read more]

Indonesia booked a trade surplus of US$1.27 billion in June as exports and imports rose from decline in May, signaling increasing economic activities as trading partners have begun to lift coronavirus-induced restriction. Export increased 2.28% (YOY) in June at US$12.03 billion, as announced by the... [read more]

PT Maha Properti Indonesia Tbk. obtained fresh fund of Rp156.34 billion from its initial public offering. The fund is allocated for three purposes, the first is the construction of Simprug Signature project with 80% of the total fund or Rp125.07 billion, secondly Rp23.45 billion or 15% for the const... [read more]

Industrial Estate Association (Himpunan Kawasan Industri) proposes that industrial land lease can reach 80 years, as applied by other countries with rent decided by business calculation and not by the government to attract factory relocation from China to Indonesia. Previously, the Investment Coordi... [read more]