PT Agung Podomoro Land Tbk. (APLN) recorded lower financial performance in the first six months of 2020. From the sales and business revenue segment, 12% decline was recorded from the same period in 2019, from Rp1.956 trillion to Rp1.721 trillion. Its recurring income segment was recorded at Rp601.5... [read more]

The construction of the Multipurpose Terminal Wae Kelambu in Labuan Bajo Harbor, East Nusa Tenggara (NTT) after the signing of Agreement of the Multipurpose Terminal Wae Kelambu Construction Design and Build in Jakarta. The terminal will be used for the logistics and freight traffic of containers, c... [read more]

The Ministry of Industry (Kemperin) is in the effort to increase the number of industrial estates in Indonesia by aiming to develop approximately 156 industrial estates in Indonesia with approximately 65,000 hectares of land areas. As of June 2020, there were 118 industrial estates with approximatel... [read more]

The Krian-Legundi-Bunder (KLB) Toll Road construction connecting Sidoarjo Regency and Gresik Regency has reached 99% with an estimated completion by the end of October 2020. The remaining construction work is currently on the road paving for lanes that cross Surabaya-Mojokerto (Sumo) Toll Road of 20... [read more]

In the first semester of 2020, the manufacturing sector increased to Rp129.6 trillion or 23.9% from the same period in 2019 when it was recorded at Rp104.6 trillion. Based on the data from the Coordinating Board of Investment (BKPM), the manufacturing sector significantly contributed to the foreign... [read more]