NEWS

Price Monitoring Survey from the Central Bank of Indonesia in the fourth week of March 2020 shows inflation rate of 0.13%, lower than in the previous month. Thus, the calendar year inflation is at 0.80% (Year to Date) and the annual inflation is at 2,00% (Year on Year). [read more]

The Investment Coordinating Board (BKPM) states that in the last five years, the trend of property investment realization is increasing which included residential, industrial estate and office spaces. In 2018, the realization was recorded at Rp73.1 trillion but then declined by 2.74% to Rp71.1 trill... [read more]

The Investment Coordinating Board (BKPM) launched a command center to monitor the issuance of licenses in government offices and help expedite the process. The command center provides real-time information regarding the issuance of licenses to investor, including daily statistics of license issuance... [read more]

PT Maha Properti Indonesia Tbk (MPRO) will delay the development of new projects due to the outbreak of Covid-19 which is estimated to lower sales and revenues by 31% to 50%. One of the delayed projects includes the construction of its second town house office tower project in Solo named The Kahyang... [read more]

PT Hyundai Motor Manufacturing Indonesia was the largest buyer of PT Puradelta Lestari Tbk (DMAS) with a Rp1.36 trillion-land purchase or 51.73% of DMAS's total sales in 2019. In 2019, DMAS recorded the total revenue of Rp2.65 trillion or 155.8% growth from Rp1.03 trillion in 2018. Its net profit al... [read more]