The Association of Indonesia Real Estate Companies is preparing the Standard Operating Procedures (SOP) for the new normal. The SOP will regulate the procedures of transactions, including the validation of certificates, dividing of certificates, taxation, permits, etc. In general, the property devel... [read more]

Following the plans for shopping centers or malls to operate starting 5 July 2020 in DKI Jakarta and the preparation for the new normal, the shares of property companies who own malls have improved, including PT Summarecon Agung Tbk (SMRA) with 4,31% growth to Rp436, PT Plaza Indonesia Realty Tbk (P... [read more]

The Ministry of Public Work and Public Housing (PUPR) continues the infrastructure construction of the Prioritized National Tourism Strategic Area (KSPN) which includes Toba Lake, Borobudur, Mandalika, Labuan Bajo and Manado-Likupang, because the government is confident that tourism is one of the ma... [read more]

The Budget of the Central Bank of Indonesia (BI) in 2019 recorded with operational surplus after tax of Rp33.35%. Despite higher than target, this number is Rp14.67 trillion or 30.55% less than the surplus in 2018. In the 2019 Annual Balance of BI, the surplus before tax was recorded at Rp45.22 tril... [read more]

The government strictly handled the plan to ease the social distancing policy (PSBB) by issuing the Ministry of Health Decree (KMK) No. HK.01.07/MENKES/328/2020 regarding the Guidelines to Prevent and Restrict Covid-19 in Office and Industry in Supporting Business Sustainability Amidst Pandemic. The... [read more]