In March 2021, Indonesia’s export was recorded at US$18.35 billion or increasing by 20.31% from February 2021 export. Compared to March 2020, it increased by 30.47% while March 2021 import recorded by an increase of 26.55% from the previous month. The non-oil and gas export in March 2021 was recorde... [read more]

The Central Bank of Indonesia (BI) recorded growth in the performance of the processing industry. The growth was shown in the Prompt Manufacturing Index Bank Indonesia (PMI-BI) at 50.01% during the period of January-March 2021. This index grew from 47.29% in the fourth quarter of 2020. [read more]

PP Properti and Grahabuana Cikarang (a subsidiary of PT Kawasan Industri Jababeka Tbk.) has started the launch of “Little Tokyo Jababeka” Apartment Kick Off 2021. To develop the total of six towers, they have allocated Rp2.7 trillion with Rp265 billion allocated for the construction of the first tow... [read more]

PT Pakuwon Jati Tbk. (PWON) recorded Rp427 billion marketing sales from its property units in the first quarter of 2021. This amount was 17% higher than its achievement in the same period last year. This achievement is also equal to 30.5% of its target for 2021 of the total marketing sales of Rp1.4... [read more]

The Indonesia Toll Road Management Agency (BPJT) stated that the construction of Jakarta Outer Ring Road (JORR) II will be completed by the end of this year. Currently, the land acquisition for JORR II has progressed by 60%. The construction of three toll lanes includes the Cimanggis-Cibitung Sectio... [read more]