The government and the Central Bank of Indonesia (BI) are committed to complete the burden sharing scheme regarding the funding of national economy recovery. The latest discussion covers the public funding to be bourne 100% by the central bank, while non-public goods funding to be bourne by the gove... [read more]

In addition to discounts, developers also offer other attractive promotions to grab buyers’ attention. Sinar Mas Land has launched the Move in Quickly program which provides up to 20% discount and a free right transfer duty (BPHTB) which will end on 30th of June. Ciputra Development also has adopted... [read more]

PT Capri Nusa Satu Properti Tbk (CPRI) aims to boost its business performances by offering discounts to office tenants and delaying one of its projects, JW Smart Office in Jatiwaringin, East Jakarta due to the physical distancing in Jakarta.  In relation to the new normal, CPRI has applied a massive... [read more]

PT Waskita Toll Road (WTR) aims to operate Cimanggis-Cibitung Section I Toll Road in July 2020. Currently, the toll road is under a feasibility study.  As of the end of May, it has progressed up to 3.1 kilometers from the total 3.5 kilometers. The toll road connects Cimanggis and Transyogi, Bekasi R... [read more]

Indonesia and other 14 negotiating countries have agreed to sign the Regional Comprehensive Economic Partnership (RCEP) in November this year to help their economies to recover from the pandemic-induced downturn. If signed, the trade deal introduced at the ASEAN Summit in Cambodia in 2012, will crea... [read more]