The government, through Investment Coordinating Board, to ratify six regulation packages to improve domestic investment and the rating of Ease of Doing Business (EODB) from 73rd to 60th globally. These regulations are also expected to boost investment realization this year which is aimed at Rp886 tr... [read more]

PT Puradelta Lestari Tbk. (DMAS) achieved Rp2.97 trillion in marketing sales from the sales of 120 hectares of industrial land in 2019, higher than the targeted Rp1.25 trillion. In 2020, DMAS aims to sell 170 hectares of industrial land area and the sales growth of 41.66%. [read more]

To develop its new theater network, PT Agung Sedayu Retail Indonesia (ASRI) project to complete two new shopping centers in 2021. The projects comprise Menara Jakarta in Kemayoran and Fatmawati which both currently are under construction. In addition, District 8 in SCBD Area will soon be completed w... [read more]

Corporate Income Tax (PPh) may be cut from 25% to 20% in 2021, as drafted in the Tax Omnibus Law Academic Script. There are two alternative tax cuts, in phases or directly. The 20% tax rate is estimated to reduce tax revenue by 17% and thus resulting in corporate tax shortfall compensated by behavio... [read more]

PT Bukit Uluwatu Villa Tbk (BUVA) focuses on its on-going projects which comprise The Cliff Hotel in Bali, SCBD Alila and Alila Bintan. Currently, SCBD has been partially operating while the construction of Alila Villas in Bintan Island’s progress has reached 65%. It will comprise 64 units of villas... [read more]