After the marketing of Arcadia Grande Commercial Center early this year, Paramount Land launched the Pisa Grande within the IL Lago, a populated residential area surrounded by 10 clusters, including Omaha Village, Montana Village, Amalfi Village, Menaggio Village, Menteng Village. In the first phase... [read more]

PT Yiho Jakarta Real Estate Development, a subsidiary of New Yi-Ho Holding Group Co. Ltd., Hong Kong, is eager to expand to Indonesian property industry. It will develop a new residential cluster named Sentosa Park in Cikupa, Banten, residing on 2,600 hectares of the total land area. Yiho Jakarta pl... [read more]

The Tax Directorate General of the Ministry of Finance decided to increase the installment rebate for the corporate income tax of PPh 25 from 30% to 50%, applied to all tax subjects of 1,013 business sectors, particularly those corporations who receive ease trading of imports and exports as well as... [read more]

PT Island Concepts Indonesia Tbk. (ICON) recorded a 24% decrease in its net profit to Rp64.61 billion in the first semester of 2020 as compared to the same period last year. ICON has adopted a wait-and-see policy to launch new projects. One of the projects to be completed this year includes the Beac... [read more]

Ciputra Group through PT Ciputra Residence continues with the development of Citra Sentul Raya Estate amidst the Covid-19 pandemic and recorded Rp350 billion in sales. The 1,000 hectare project in the southern of Jakarta adopts the concept of an integrated city surrounded by city-scale facilities an... [read more]