Astha Mall in District 8, CBD Sudirman, South Jakarta to operate in the second semester of 2020. The mall is developed by Agung Sedayu Group through PT Agung Sedayu Retail Indonesia with Rp200 billion investment. Supply of new malls in the Greater Jakarta area increases annually and as of today, new... [read more]

The government and the Central Bank of Indonesia (BI) agreed to a burden-sharing scheme worth Rp574.59 trillion (US$39.7 billion) to finance the COVID-19 response and bolster economic recovery efforts. The central bank will buy Rp397.5 trillion government bonds at a maximum coupon rate to correspond... [read more]

Sinar Mas Land achieved Rp1.5 trillion revenue from 22 March to 30 June 2020 period amidst the Covid-19 pandemic from the sales of Invensihous R in BSD City which was sold out last June and O2 Essential Home in Grand Wisata Bekasi which has been 90% sold. In addition, other projects in its Move in Q... [read more]

PT Repower Asia Indonesia Tbk (Repower) is optimistic that sales in 2020 will remain high and in the first quarter of 2020 recorded 142% increase in residential from Rp1,68 billion to Rp4.07 billion as of the end of March 2020. This year, Repower will rely on the Botanical Puri Asri project which ad... [read more]

PT MNC Land Tbk (KPIG) is preparing for a private placement of maximum 8,062,572,666 shares or equal to 10% maximum of the total paid up capital with nominal value of Rp100 per share. The private placement is to fund the development and construction of an entertainment, hospitality and premium lifes... [read more]