The Ministry of Public Works and Housing (PUPR) will inaugurate 15 new toll roads in 2020 with the total length of 297 kilometers. There are five toll roads to be inaugurated in June-July, including Banda Aceh Section 4 Indrapuri-Blang Bintang, Pekanbaru-Kandis-Dumai Section 1-6, Depok-Antasari Sect... [read more]

PT Citra Waspphutowa, the subsidiary of PT Citra Marga Nusaphala Persada Tbk., states that Section 2 Brigif-Sawangan lane of Depok-Antasari Toll Road is under feasibility study and will soon be operational. Previously, the 6.30 kilometers lane was planned to be operational in July 2019.  [read more]

In the second quarter of 2020, PT Surya Semesta Internusa Tbk (SSIA), comprising the industrial estate revenue, maintenance fee and commercial lease, achieved the total revenue of Rp86.9 billion or increasing by 20% from Rp72.4 billion in the first quarter of 2019. With the easing of physical distan... [read more]

Following the new normal phase in Indonesia, malls are operating by implementing strict health protocols, including reducing the number of visitors by half. The Indonesia Shopping Center Tenants Association (Hippindo) expects owners of shopping centers to help tenants by reducing rents, considering... [read more]

Anugerah Sejahtera Group (AS Group) offers investment package opportunities in strategic location including ready-to-build commercial area Cibinong Icon City (Cikon City) at Jalan Mayor Oking Cibinong. In addition, AS Group also offers a residential investment package, comprising Jagathi Resort in S... [read more]