PT PP Properti Tbk. (PPRO) has initiated the hand over process of landed house units in Permata Puri Cibubur project in phases since the end of 2023. The residential project resides on Jalan Transyogi, Depok, West Java adopts the concept of cluster residential which provides a private and cozy atmos... [read more]

The Bank of Indonesia (BI) reported a Rp4.28 trillion influx of foreign capital in the domestic financial market on December 27th – 28th, 2023. In line with this influx, Indonesian 5 Years Credit Default Swap (CDS) was recorded at 68.92 basis points (bps) as of 28th December 2023 or increased from 6... [read more]

The Central Bureau of Statistics of Indonesia (BPS) recorded the annual inflation in December 2023 at 2.61%. This rate is lower than the annual inflation in November 2023 at 2.86%. The annual inflation pressure started to decrease in December 2023.  [read more]

PT Ciputra Development Tbk (CTRA) recorded its revenue with an 8.8% yoy decrease to Rp6.59 trillion compared to the same period in the previous year of Rp7.22 trillion. CTRA also recorded its net profit with a 22.6% decline to Rp1.18 trillion from Rp1.53 trillion. Meanwhile, its marketing sales was... [read more]

The Deputy of the Nusantara Capital Funding and Investment Agung Wicaksono stated that foreign investors cannot directly participate in the development of the Nusantara Capital City (IKN) as there are multiple selection phases for each different requirement to be met. A number of foreign investors w... [read more]