In the first period of Move-in-Quickly, Sinar Mas Land achieved Rp635 billion through the sales of Jadeite, Golden Vienna and BSD Autoparts in BSD City and Nebraska residential in Kota Wisata Cibubur which were sold out. In Jakarta, Sinar Mas Land is offering the two-tower apartment named The Elemen... [read more]

PT Ciptadana Asset Management plans to delist the DIRE Ciptadana Properti Perhotelan Padjajaran (XCIS) on the Indonesian Stock Exchange (BEI) during the General Meeting of Shareholders for the DIRE Ciptadana Properti Perhotelan Padjajaran. The DIRE of Ciptadana Properti Padjajaran owns assets of Sal... [read more]

The Coordinating Minister of Economy Airlangga Hartarto estimates Indonesia’s economy to grow minus 3.4% in the second quarter of 2020 and minus 1% in the third quarter. In the first quarter of 2020, the national economy was recorded at 2.97%. Despite the signal of recession in the third quarter of... [read more]

Currently, the progress of the Jakarta-Bandung High Speed Train (KCJB) has reached 54% after temporarily delayed due to Covid-19 pandemic. PT Kereta Cepat Indonesia – China (KCIC) aims to complete the KCJB project in 2022 to avoid rising investment costs. [read more]

PT Jakarta Industrial Estate Pulogadung (JIEP), East Jakarta plans to develop the Pulogadung Industrial Estate in to seven business zones comprising media, green, cultural, digital (business), halal, logistics and social. Previously, the 500 hectares of land area was planned to be an ordinary indust... [read more]