The uproar from the implementation of tax for specific goods and entertainment services (PBJT) ranging from 40% to 75% has prompted the government to plan for tax incentives as regulated in Law Number 1 Year 2022 regarding Financial Relation Between the Central Government and the Local Government (U... [read more]

PT Pantai Indah Kapuk Dua Tbk. (PANI) recorded its marketing sales in 2023 at Rp2.4 trillion, higher than the targeted Rp2.1 trillion. Compared to 2022, this realization increased by 24% annually. PANI has also completed its second private placement process (PMETD) and acquired 1,599 hectares of lan... [read more]

PT Puradelta Lestari Tbk. (DMAS) has allocated a total land area of 300 hectares for Data Center Park in Greenland International Industrial Center (GIIC). As of the end of 2022, the land take-up for the data center business has reached more than 90 hectares with 14 local and international tenants. H... [read more]

The Bank of Indonesia decided to keep the BI Rate at 6% in the January 2024 Board of Directors Meeting. Moreover, the central bank also kept the deposit facility and the lending facility rates at 5.25% and 6.75%, respectively. These decisions were taken considering the latest global economic conditi... [read more]

PT Agung Podomoro Land (APL) has launched the second phase of Avanya Avega, Podomoro Park Bandung after the success of selling 300 units in three days in the first phase. Avanya Avega is the residential units in Patragriya cluster which includes facilities comprising a swimming pool, a gym, a privat... [read more]