The Central Bureau of Statistics (BPS) reported a surplus for the November 2020 trade balance at US$2.62 billion. The November 2020 export was recorded at US$15.28 billion or 6.36% mom higher than in November 2019 and increasing by 9.54% yoy. Meantime, the November 2020 import was recorded at US$12.... [read more]

PT Adhi Karya (Persero) Tbk. reported that the Greater Jakarta LRT project current completion has reached 80%, including Cawang-Cibubur Lane 1 at 92.4%, Cawang-Kuningan-Dukuh Atas Lane 2 at 76.6% and Cawang-East Bekasi Lane 3 at 88.7%. Adhi Karya as the project contractor, aims to operate the Greate... [read more]

PT PP Properti Tbk. is developing the Grand Kamala Lagoon area on a 28-hectare land area with the concept of a floating city in Kalimalang-Bekasi, near the West Bekasi Toll Gate. The project is the first mixed-use project of PP Properti, designed by the Development Design Group, comprising more than... [read more]

PT Mas Murni Indonesia Tbk. plans to complete the construction of its mixed-use project in Embong Malang, Surabaya through one of its subsidiaries, PT Anugerah Mitra Lestari in 24 months since the construction continuation in 2021. In addition, PT Mas Murni Indonesia Tbk. has also acquired 19 hectar... [read more]

Paramount Land is confidence for an improving property market in 2021 and it aims to achieve Rp2.6 trillion in marketing sales or 18.18% higher than the target in 2020 and it also allocates Rp1.5 trillion in capital expenditures. In mid 2021, Paramount Land will launch four new products in Gading Se... [read more]