PT Intiland Development Tbk. (DILD) achieved the total of Rp569.6 billion in marketing sales as of the third quarter of 2023. The main contributor was the landed residential segment with a total of Rp348.7 billion. The marketing sales of the period of January-September 2023 was declining by 42.2% ye... [read more]

PT Perintis Triniti Properti Tbk (TRIN) has launched the show units of the Earthville cluster in the Sequoia Hill project in Sentul. The Earthville cluster resides on a total land area of 9.8 hectares, following the launch of The Leroy cluster. The Sequoia Hills is facilitated with environmentally f... [read more]

The government aims to legislate the technical regulation of the Value Added Tax Borne by the Government (PPN DPT) in November 2023. As the Commercial Property Index has shown a decline to 0.40% while the Gross Fixed Capital Formation (PMTB) remained at 3.3% yoy from the same period last year, the g... [read more]

In the 2024 National Annual Budget Plan (RATBI), the Governor of the Central Bank of Indonesia Perry Warjiyo estimated that the national economic growth in 2024 will be in the 5.00% range. He also projected the inflation rate in 2024 at 3.20 yoy.  [read more]

Indonesia Central Bureau of Statistics (BPS) reported the October 2023 trade balance was recorded with US3.48 billion surplus, or increased from US$3.41 billion in September 2023. Cumulatively, the total trade surplus from early 2023 until October 2023 was atUS$31.22 billion.  [read more]