The Central Bank of Indonesia (BI) projects July 2020 inflation at 0.04% Month-to-Month (MTM) based on price monitoring survey in the first week of this month which was recorded lower than in the previous month. Based on the calendar year, July 2020 inflation is projected at 1.13% Year-to-Date (YTD)... [read more]

PT Hutama Karya (Persero) states that Sigli-Banda Aceh Section 4 Toll Road Indrapuri-Blang Bintang of 14 kilometers is ready for operation after obtaining the feasibility certificate and currently is scheduled for inauguration by the Ministry of Public Work and Public Housing (PUPR), which is estima... [read more]

PT Perkebunan Nusantara (PTPN) IX in Batang, Central Java has land to accommodate the relocation of some global companies’ factories to Indonesia. The development of Batang Integrated Industrial Estate will be done in three phases with the first on a 450-hectare of land area. The development will al... [read more]

PT Pembangunan Perumahan (Persero) Tbk (PP) has completed the construction of four Meisterstadt or Pollux Habibie towers in Batam Center, Batam, Riau Islands in two years. The superblock project is constructed on nine hectares of land area by adopting the integrated vertical city concept from German... [read more]

PT Perintis Triniti Properti (TRIN) recorded Rp11.6 billion in revenue in the first quarter of 2020, lower than in the first quarter of 2019 of Rp75.3 billion. The decline was due to the implementation of PSAK 72. However, its marketing sales revenue in the first quarter was recorded at Rp93.9 billi... [read more]