In the first quarter 2020, PT Kawasan Industri Jababeka Tbk (KIJA) recorded Rp111 billion of marketing sales or declining by 49.77% from Rp221 billion last year due to the physical distancing. The marketing sales were contributed by the commercial segment at 40% of the total, followed by the industr... [read more]

The Investment Coordinating Board (BKPM) is looking to solve the bottleneck of Rp300 trillion (US$20.83 billion) worth of investment commitments in the pipeline as the pandemic slows down the investment realization. Investment realization in the first quarter this year reached Rp210.7 trillion, incr... [read more]

To attract investors and compete with other countries, the government of Batang Regency (Pemkab) in Central Java has proposed for a free land lease for a few years in Batang Integrated Industrial Estate. In addition, Pemkab Batang is also committed to ease business and environmental permits such as... [read more]

Viercorp Limited aims to operate Amanama Resort, its tourism project in Adora, East Nusa Tenggara, in January 2021. The groundbreaking of the hotel and resort of Amanama Resort was started in the end of 2019 and it has progressed by 85%. Viercorp is optimistic that the tourism industry in East Nusa... [read more]

PT Lippo Karawaci Tbk claimed that the sales of its latest cluster, Cendana Homes in the Lippo Village main area were successfully sold by 2.5 times oversubscribed from the total 324 units of landed houses with offering prices starting from Rp568 million. More than half of the bids are dominated by... [read more]