PT Island Concepts Indonesia Tbk (ICON) aims to obtain Rp254.62 billion of revenue from the sales of its condotel in Bali. Currently, ICON has sold 35% of the total units and to sell the remaining 102 units from Tower A (74 units) and Tower B (28 units). It will adopt a bulk sales strategy. In addit... [read more]

PT Hotel Indonesia Natour (HIN) will continue to optimize its existing assets by adopting transformation program in 2020-2024 period. The company’s vision will also focus on the best hospitality, services and cordiality of international standard. Furthermore, HIN also plans to revitalize the Grand I... [read more]

The Central Bank of Indonesia (BI) decides to keep its key interest rate at 5%. In line with this policy, BI also set the interest rate for deposit facility and lending facility at 5.25% and 5.75%, respectively. -Bisnis.com [read more]

This year, the government of Central Java to accelerate the development of industrial estates in several areas, including Batang and Brebes Industrial Estates to achieve the targeted 7% of economic growth in 2023. The One Stop Integrated Investment Office of Central Java Province is optimistic to ac... [read more]

GNA Group continues the development of Golden Plaza in The Golden Stone area, Serpong, Banten with a lifestyle, entertainment and F&B center which is expected to be the latest hit destination in Gading Serpong. The groundbreaking of the project has been started with an expected completion in 2020. T... [read more]