Bank loan distribution in Indonesia in March 2020 was recorded with 7,95% year on year (YOY) growth. The Indonesia Financial Services Authority (OJK) reported that this growth was higher than in the previous month of 5.93% YOY. Bank liquidity and funding was in adequate level. The liquidity ratio/no... [read more]

Plaza Indonesia focuses on business and operational efficiency amid the Covid-19 pandemic. The company has also temporarily closed the shopping center and the office area leasing business until 22 May 2020. "We experience the declining number of hotel guests and shopping center traffic which certain... [read more]

The Covid-19 pandemic puts pressure on various business lines, including the property sector which has driven three property companies to lower their marketing sales target. Aiming for Rp6.7 trillion, PT Ciputra Development Tbk (CTRA) just managed to obtain 17.01% of its target and it is forced to r... [read more]

Based on the Government Regulation (PP) No. 21 year 2020 regarding physical distancing to accelerate the mitigation of Covid-19, there are 14 toll lanes in Jakarta, Banten and West Java which restrict the traffic and public commute. The Ministry of Public Work and Public Housing recorded approximate... [read more]

PT Metropolitan Kentjana Tbk recorded a lower target in sales and lease due to the Covid-19 pandemic. In the first quarter of this year, the marketing sales from Pondok Indah Residence (PIR) was recorded at approximately Rp22 billion. Other than PIR, MKPI is also marketing 47 units of Pondok Indah T... [read more]