Sinar Mas Land launches its second cluster named Inspirahaus R in Tabebuya area after the success of its first cluster, Inspirahaus. The second cluster will comprise 208 units and adopts the concept of modern, smart, compact and functional in its city scale project of BSD City. The residential in th... [read more]

PT AEON Indonesia plans to expand its outlet in Sentul in the second quarter and in Tanjung Barat in the third quarter of 2020. It also plans to expand to online store due to the growth of online business in Indonesia. With the new outlets planned this year, AEON will have a total of four outlets. -... [read more]

This year, PT Sanurhasta Mitra Tbk focuses on developing its leisure business and projects its revenue from room sales reaching Rp10 billion. The performance of its resort has been growing since 2017 with occupancy rate growing from 55.28% to 58.22% and projected to reach 64.6% this year. Until the... [read more]

The construction of the ultra-luxury 62-story residential in Jakarta named The Residence at St. Regis by Rajawali Property Group has reached the final phase and it is planned for completion in 2021. The apartment project in the megacomplex of The St. Regis Jakarta Hotel and Rajawali Place office tow... [read more]

The Directorate General of Customs and Excise of the Ministry of Finance lowers the minimum threshold of import duty from previously US75 or Rp1,050,000 to US$3 or Rp45,000. The new policy has been decreed by the Finance Ministry Regulation No. PMK 199/PMK.04/2019, effective since January the 30th 2... [read more]