Next year, PT Ciputra Development Tbk. (CTRA) will develop new residential projects in Medan and Surabaya by collaborating with PT Perkebunan Nusantara II (PTPN II). There will be two projects in Medan on 7 hectares and 35 hectares of land areas, respectively, while the project in Surabaya will resi... [read more]

After the October 2020 the Consumer Price Index (IHK) recording an inflation rate at 0.07% mom, the Central Bureau of Statistics (BPS) recorded a slightly higher inflation rate of 0.28% mom in November 2020. The year-to-date inflation rate was recorded at 1.23% and the annual inflation rate was at 1... [read more]

PT Angkasa Pura II (Persero) or AP II recorded its highest daily traffic on 29 November 2020 in Soekarno-Hatta Airport, Jakarta amidst the Covid-19 pandemic with the total of 722 flights comprising 363 departures and 359 arrivals. Previously, the highest daily traffic was recorded on 20 November wit... [read more]

After the success of its six property products in 2020, comprising three products in Lippo Karawaci and three products in Lippo Cikarang, PT Lippo Karawaci Tbk. is launching new residential projects by the end of this year named Soho Flex/Space Lippo. The project is available with attic loft and dou... [read more]

PT Maha Properti Indonesia Tbk. (MPRO) records net profit in the third quarter of 2020 at Rp7.77 billion, despite lower revenue, improved from Rp884.4 million loss in the third quarter of 2019. MPRO records lower revenue, from Rp150.71 billion to Rp92.76 billion, especially from the apartment segmen... [read more]