UPDATED NEWS
Kuala Tanjung-Tebing Tinggi-Parapat Toll Road is aimed to be completed in phases in 2020. The project is part of the Trans-Sumatera that will have six sections. Currently, the construction has been started for Section I Tebing Tinggi-Inderapura (20.4 km) and Section IV Serbelawan-Pematang Siantar (2... [read more]
The Central Bureau of Statistics recorded that July inflation was at 0.31% in 82 surveyed cities. The inflation of the January-July calendar inflation was recorded at 2.36% or 3.32% annually. The inflation rate was below the targeted inflation rate. [read more]
PT Patra Jasa, a subsidiary of PT Pertamina (Persero), has allocated Rp1.5 trillion in an investment to develop a mixed-use project on 5.4 hectares of land area in Cirebon City. PT Patra Jasa will construct a mixed-use development that comprises a waterpark, an apartment, international restaurants,... [read more]
The total investment during the January-June 2019 period grew 9.4% annually from 7.4% in the same period last year. Based on the total value, the investment during the first semester of 2019 was recorded at Rp395.6 trillion or increasing by 9.4% from Rp361.6 trillion last year. Based on the data fro... [read more]
PT Bhakti Agung Propertindo Tbk. will initiate its Initial Public Offering by appointing MNC Sekuritas as the Joint Lead Underwriters in August 2019. From the total acquired fund, 20% will be allocated for bank debt payment and 80% for working capital. Currently, Bhakti Agung is developing Green Cle... [read more]
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