PT Island Concepts Indonesia Tbk. (ICON) recorded a 24% decrease in its net profit to Rp64.61 billion in the first semester of 2020 as compared to the same period last year. ICON has adopted a wait-and-see policy to launch new projects. One of the projects to be completed this year includes the Beac... [read more]

PT Perintis Triniti Property Tbk. (Triniti) will focus on the development of landed houses projects as it remains as a potential market, especially for houses ranging from Rp600 million to Rp1.2 billion in the suburban areas. Triniti has reallocated its fund from the January 2020 Initial Public Offe... [read more]

PT Bekasi Fajar Industrial Estate Tbk. (Befa) is optimistic to sell approximately 10-15 hectares of industrial land in 2020. Befa projects its performance to be moderate in 2020 and it revises the sales target with the average prices of Rp2.6 million-Rp3.2 million per square meter. In 2019, Befa rec... [read more]

Trade balance in January - July 2020 was recorded with surplus. According to data from the Central Bureau of Statistics (BPS), the trade balance was recorded with US$8.75 billion surplus. This surplus was contributed by July 2020 trade surplus of US$3.26 billion when export was recorded with 14.33%... [read more]

PT Modernland Realty Tbk. campaign “Promo Merdeka” to boost sales in the moment of Indonesia’s 75th Independence Day. Discounts are given for ready to build land plot up to Rp3 billion and houses up to Rp1.1 billion in the Kota Modern in Tangerang City and Modern Hill in Pondok Cabe, South Tangerang... [read more]