PT Ciputra Development Tbk. (CTRA) recorded Rp3.4 trillion in marketing sales as of September 2020, or 18% lower compared to the same period last year. For 2020, CTRA aims to achieve Rp5 trillion in marketing sales. In the first semester of 2020, CTRA recorded Rp2.80 trillion in revenue or declined... [read more]

PT Summarecon Agung Tbk. launched new Rainbow Springs Condovillas units located in The Springs area in Gading Serpong, Tangerang, Banten. The residential concept is inspired by low-rise residential units in Europe with green landscapes and outdoor facilities for a social interaction for its resident... [read more]

After recording a deflation in three consecutive months, the Central Bureau of Statistics (BPS) finally recorded an inflation on the Consumer Price Index (IHK) in October 2020 at 0.07% mom. The full-year inflation (January 2020 – October 2020) was recorded at 0.95% year-to-date while the annual infl... [read more]

The Central Bureau of Statistics (BPS) reported the total of foreign tourist visits as of September 2020 recording at 153,500 or declining by 88.95% from the same period last year. The realized foreign tourist visits to Indonesia also declined by 5.94% from the previous month. Cumulatively, during t... [read more]

PT Modernland Realty Tbk. will soon launch an apartment project in the Kota Modern area, considering the growing needs for residential and the high cost of land in the area. The project will be introduced by the end of 2020. Kota Modern itself is developed on a total land area of 400 hectares with t... [read more]