The Ministry of Public Work and Housing through the Toll Road Management Agency (BPJT) and Toll Road Business Agency (BUJT) Wika Serang Panimbang are accelerating the construction of Serang-Panimbang Toll Road in Banten. Currently, the construction of Section 1 Serang-Panimbang Toll Road has reached... [read more]

PT Lippo Cikarang Tbk. (LPCK) achieved an increase of 8.8% in revenue to Rp1.84 trillion in 2020 from Rp1.69 trillion in 2019. This achievement was driven by the sales of housing units and the handover of Orange County Apartment which contributed 68.6% of the total revenue or increasing by 53.4%. Me... [read more]

The government is preparing three halal industrial estates (KIH), comprising Modern Cikande Industrial Estate in Serang, Banten, Safe n Lock Halal Industrial Park in Sidoarjo, East Java and Bintang Inti Halal Hub in Bintan Regency. According to the National Medium Term Development Plan (RJPMN) 2020-... [read more]

In the first quarter of 2020, Paramount achieved Rp780 billion in marketing sales or 30% of the targeted total marketing sales of Rp2.6 trillion, boosted by the stimulus from the government, specifically the Government Bourne Value Added Tax (PPN DPT) for landed houses and high rise residential. Dur... [read more]

Adhi Commuter Properti (ADCP), a subsidiary of the State Owned Enterprise PT Adhi Karya (Persero) Tbk. (ADHI) issued the Adhi Commuter Bond I with the maximum capital of Rp500 billion, comprising A Series of 367-day maturity and B Series of three-year maturity. The overall fund obtained will be allo... [read more]