According to Indonesian Hotel and Restaurant Association (PHRI), the opportunity loss from the hotel and restaurant business sector in 2020 caused by the pandemic reaches Rp50 trillion, calculated from the hotel occupancies with the total of 800,000 rooms in Indonesia. PHRI is optimistic that the ho... [read more]

The Central Bureau of Statistics (BPS) reported that 2020 trade balance with surplus at US$21.74 billion, the highest since 2011 when it was recorded at S$26.06 billion. The total export in 2020 reached US$163.31 billion or declining by 2.61% annually (yoy). The 2020 trade balance increase was due t... [read more]

PT Duta Anggada Realty Tbk. (DART) is offering its first continuous bond II phase I of 2021 at a maximum of Rp225 billion from January 12th to January 21st, 2021. The fund obtained will fully utilized for the company’s working capital. DART appointed Shinhan Sekuritas Indonesia as the underwriter of... [read more]

After the success of its first phase, The Sanctuary Collection Sentul will launch its new cluster named Newton Spring in February 2021. The second phase cluster will stand on a 3.2-hectare land area comprising 120 units. The Sanctuary Collection is a residential that resides on a total land area of... [read more]

The Central Bank of Indonesia Business Sector Activities Survey (SKDU) recorded positive performances of business activities in Indonesia in the first quarter 2021. The Weighted Net Balance (SBT) from the survey was recorded at 7.68% from 3.90% in the fourth quarter of 2020 and 5.56% in the first qu... [read more]