PT Agung Podomoro Land Tbk (APLN) recorded 24.64% annual revenue decline this year due to 29.4% decrease of sales recognition from Rp3.49 trillion to Rp2.46 trillion. PT PP Properti (PPRO) also recorded lower revenue as investors choose to wait and see and the physical distancing policy (PSBB). PT A... [read more]

PT Jasa Marga Tbk aims to complete three new toll road projects and extending two existing toll road projects this year amidst the Covid-19 pandemic. The new projects including the Cinere-Serpong toll road (a part of the Jakarta Outer Ring Road Toll Road/JORR 2 and Kunciran-Cengkareng) and the Manad... [read more]

Based on data from the Central Bureau of Statistics (BPS) there were 470,900 foreign tourist visits to Indonesia in March 2020, 64.11% lower than in March 2019. While in January-March 2020 period there were 2.61 million foreign visits to Indonesia, declining 30.62% from the same period in 2019 when... [read more]

The Covid-19 pandemic lowers the public consumption which is shown by the data from the Central Bureau of Statistics that recorded April 2020 inflation at 0.08%, far lower than in March when it was recorded at 0.1% and lower than the year to date inflation of 0.8%. The core inflation which supposed... [read more]

AKR Gallery West in the Kebun Jeruk area is one of the iconic developments from AKR land Development (AKR Land) which delivers a practical and dynamic lifestyle in a strategic location, ease of access and the unique combination of office spaces, an apartment tower, retail areas and the famous MACAN... [read more]