PT Surya Semesta Internusa Tbk. (SSIA) continued the development of Subang Metropolitan Surya Semesta Project. In the first phase, SSIA will develop 400 hectares of land area while the hand over is planned for the first quarter of 2023. In the future, SSIA will acquire 2,700 hectares of land area of... [read more]

PT PP Properti Tbk. (PPRO) recorded Rp700 billion in marketing sales as of November 2020 from the sales of Grand Kamala Lagoon in Bekasi and Grand Sungkono Lagoon in Surabaya. The realized sales were significantly less than Rp2.27 trillion, the realization in 2019. PPRO also revised the 2020 revenue... [read more]

The Governor of the Central Bank of Indonesia Perry Warjiyo says Indonesia has passed the critical phase of Covid-19 pandemic and that global economy in 2021 will grow at 5% ranges. By the end of 2020, global economy is projected to contract at 3.8% ranges. While Indonesia’s economy in the fourth qu... [read more]

Five new toll roads with the total of 42.92 km in length will be inaugurated by the government by the end of this year. The five toll roads in the Greater Jakarta Area are part of the total 11 toll roads to be completed in December 2020. [read more]

A subsidiary of PT Jababeka Tbk., PT Graha Buana Cikarang has signed the joint venture with Hong Kong Smart City Consortium to develop the Smart City and Urban Development project in Jababeka, Cikarang, West Java virtually during the Belt and Road Summit 2020 on 30 November. The joint venture will f... [read more]