To accelerate the economy growth in the second quarter of 2021, the government prepares two new incentives. The first one is the luxury tax discount (PPnBM) for cars within the range of 1,500 cc and 2,500 cc capacities. The second one is the Rp400 billion credit incentive for micro, small and medium... [read more]

The Cileunyi-Sumedang-Dawuan (Cisumdawu) Toll Road of 60.10 kilometers in length will link to Kertajati Airport Access Toll by the end of 2021. The physical construction completion of the connecting infrastructure will support the International Kertajati West Java Airport (BIJB). Currently, the Sect... [read more]

PT Pengembangan Pariwisata Indonesia (Persero) or the Indonesia Tourism Development Corporation (ITDC) aims to complete the construction of Pullman Hotel in the Mandalika Special Economic Zone, The Mandalika, Lombok, West Nusa Tenggara in 2021. The Mandalika is one of the five Super Prioritized Tour... [read more]

The Ministry of Public Housing and Works (PUPR) will issue the revised PUPR Ministry Regulation Number 10/PRT/M/2018 regarding rest areas and service areas along toll roads. The revision is expected to promote business development in rest areas, including the hotel development in their vicinities. T... [read more]

PT Intiland Development Tbk. (DILD) has completed the topping off of City Apartment Fifty Seven Promenade in the business center district, Jalan M.H. Thamrin, Central Jakarta. The Fifty Seven Promenade is a mixed use and high rise project which resides on a total land area of 3.2 hectares. The first... [read more]