Ciputra Group through PT Ciputra Residence continues with the development of Citra Sentul Raya Estate amidst the Covid-19 pandemic and recorded Rp350 billion in sales. The 1,000 hectare project in the southern of Jakarta adopts the concept of an integrated city surrounded by city-scale facilities an... [read more]

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]