Amidst the Covid-19 pandemic, PT Intiland Development Tbk (DILD) practices caution in launching new projects and continues its effort to improve performance by adopting development strategy that focuses on its recurring projects and adopts the conservative approach in deciding new project developmen... [read more]

Tax revenue is estimated to reach Rp1,254.1 trillion or 76.4% from the targeted Rp1,642.6 trillion, 5.9% contraction from 2019 realization. The tax revenue shortfall in 2020 is projected to reach Rp388.5 trillion due to the impact of Covid-19 to economy performance and the implementation of tax ince... [read more]

The Central Bank of Indonesia distributed up to Rp300 trillion to the exchange market and banks to mitigate the impact of Covid-19. The fund is channeled to the State Bond purchase in the secondary market, bank liquidity through the repurchase agreement (repo) terms and the GWM cut. The government a... [read more]

PT PP Properti Tbk recorded marketing sales growth until February at Rp290 billion, 26.67% higher than in the same period last year of Rp229 billion. During 2020, its subsidiaries still focus on achieving Rp3.8 trillion of marketing sales. From revenue and net profit side, PPRO aims to achieve Rp31... [read more]

The operation of Manado-Bitung Section I Toll Road and Pakanbaru-Dumai Toll Road which are planned in May and June may be potentially delayed until the novel Corona Virus (Covid-19) lessen, as the Toll Road Management Office (BPJT) has recommended. The Manado-Bitung Toll Road total length is 39 km a... [read more]