By the end of 2020, the realized tax revenue was recorded at Rp1,069.98 trillion, Rp1,198.82 trillion less than the targeted revenue set in the Presidential Regulation Number 72 Year 2020, Tax General Directorate (DJP). Compared to 2019, the tax revenue contracted by 19.71%. [read more]

PT Hong Kong Kingland is committed to deliver high quality properties on time and has recently conducted the groundbreaking ceremony of University Space & Retail project, a part of the development of Kingland Avenue Apartment development on Jalan Raya Serpong KM 8, Tangerang, Banten. The three-story... [read more]

Paramount Land has sold out Aniva Junction in Paramount Gading Serpong in Tangerang. The first marketing phase offered 94 units with a transaction value recorded at Rp225 billion since its first launch on 27 February 2021. This achievement was higher than the targeted transaction value of Rp200 bill... [read more]

With the support from government’s policies to boost the property sector, PT Summarecon Agung Tbk. (SMRA) is optimistic that property market will recover in 2021 despite the on-going pandemic. After the handover procession of Jade and Beryl Residence housing clusters, SMRA continues the development... [read more]

The government accelerates a number of infrastructure projects for the next few years. With the establishment of the Sovereign Wealth Fund (SWF) or the Investment Management Authority (INA), the projects may be developed without relying on the National Budget (APBN) or debt. The project includes LRT... [read more]