PT Bumi Serpong Damai Tbk (BSDE) recorded Rp1.79 trillion of marketing sales in the first quarter of 2020. This achievement is equal to 25% of the targeted Rp7.2 trillion and 9.8% higher than the achievement in the first quarter of 2019 of Rp1.63 trillion. This achievement was contributed by several... [read more]

President Joko Widodo (Jokowi) has approved the development on four reclaimed islands in Jakarta Bay, comprising C, D, G, and N islands with Presidential Regulation (Perpres) No. 60 Year 2020 regarding the Spatial Planning of Jakarta, Bogor, Depok, Tangerang, Bekasi, Puncak and Cianjur (Jabodetabek-... [read more]

The property industry was hit by the outbreak of Corona virus, resulting in consumers postponing their purchases and the potential default on purchased properties due to layoffs. The Marketing Director of PT Ciputra Residence stated that the virus outbreak has caused the delay in property developmen... [read more]

PT Capri Nusa Satu Properti Tbk (CPRI) focuses on the completion of The Atuh Beach Resort in Nusa Penida Project as trend of the office sales and lease were declining due to the Covid-19 pandemic and the work from home (WFH) policy. One of the sectors to recover quickly is the tourism sector, thus C... [read more]

The Ministry of National Development Planning (PPN/Bappenas) states that there are 41 top projects included in the 2021 national economic recovery program. The program comprises the development of 10 priority tourism destinations, nine industrial estate out of Java and 31 smelters, 4.0 industries in... [read more]