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]

PT Pakuwon Jati (PWON) recorded Rp3.5 trillion or 4% of net revenue growth in the first semester of 2019 from Rp3.37 trillion in the same period last year. In addition, PWON also recorded comprehensive profit of Rp1.63 trillion or 28% growth from Rp1.28 trillion in 2018. PWON also recorded its recur... [read more]