The government and the Central Bank of Indonesia (BI) are committed to complete the burden sharing scheme regarding the funding of national economy recovery. The latest discussion covers the public funding to be bourne 100% by the central bank, while non-public goods funding to be bourne by the gove... [read more]

PT Lippo Cikarang Tbk (LPCK) has booked the total of Rp574 billion in revenue by the first quarter of 2020 or 44% higher than in the same period last year when it was recorded at Rp399 billion. The growth was contributed mainly from the sales of houses and apartment units worth Rp562 billion in the... [read more]

PT Agung Podomoro Land Tbk (APLN) relies on its existing projects amidst the corona virus pandemic, including Vimala Hills, Podomoro Golf View and Podomoro Park Bandung as these types of products meet the market’s need. These projects provide the added value with the concept of nature balance and ho... [read more]

Indonesia and other 14 negotiating countries have agreed to sign the Regional Comprehensive Economic Partnership (RCEP) in November this year to help their economies to recover from the pandemic-induced downturn. If signed, the trade deal introduced at the ASEAN Summit in Cambodia in 2012, will crea... [read more]

PT Waskita Toll Road (WTR) aims to operate Cimanggis-Cibitung Section I Toll Road in July 2020. Currently, the toll road is under a feasibility study.  As of the end of May, it has progressed up to 3.1 kilometers from the total 3.5 kilometers. The toll road connects Cimanggis and Transyogi, Bekasi R... [read more]