The Central Bureau of Statistics (BPS) reported the August 2020 Consumer Price Index (IHK) contracted by 0.05%, resulting in 0.93% year to date IHK. Meanwhile, the annual IHK recorded at 1.32% YOY inflation. The slowing inflation was in line with the decrease in August core inflation which reached 0... [read more]

The government aims to reach 4.5% to 5.5% ranges of economic growth in 2021. The Minister of Finance Sri Mulyani Indrawati explained this is a moderate target considering the uncertainty in the current market due to Covid-19 pandemic. Furthermore, IMF projects Indonesian economy to grow at 6.1% whil... [read more]

CFLD International opens Samane Wholesale Market in Tangerang New City which was developed in cooperation with a Singaporean based shopping center developer, Samanea Group. Samanea is a one stop shopping center that provides all household needs that offers the experience of shopping in a mall made f... [read more]

Ciputra Group, through its subsidiary Ciputra Residence, continues the development of Citra Maja Raya, an integrated city in western Jakarta. Currently, the latest clusters launched is Benoa Cluster, a landed house residential with modern minimalist design offered at prices starting from Rp188 milli... [read more]

In the second semester of 2020, PT Alam Sutera Realty Tbk. is offering its latest project titled EleVee Penthouses and Residences in Alam Sutera, an apartment project with the total of six towers on four hectares of land area with Rp3 trillion investment and the estimated gross development value of... [read more]