Indonesian Stock Exchange (BEI) and Financial Services Authority (OJK) change the regulation of auto rejection to control volatile movement in IDX Composite Index (IHSG). BEI modify the minimum limit for auto rejection in all fraction to 10% while keeping the maximum limit at 20% (Rp50-Rp200 shares)... [read more]

PT Modernland Realty (Modernland) developing a shophouse complex in Kota Modern, Tangerang a township which resides on 400 hectares of land area, called Ruko Golf Boulevard Commercial Park. There will be 40 shophouses constructed on 6,000 square meters of land area with a Modern Tropical design. Cur... [read more]

PT Emerald Land Development officially conducts the groundbreaking of a mixed-use development on a 50-hectare of land area named Emerald Neopolis, in West Karawang, West Java. The project integrates landed houses in Emerald Park Cluster, an apartment, a shopping center, office spaces, education faci... [read more]

The Ministry of Public Work and Housing (PUPR) temporary suspend the construction of Jakarta-Bandung High-Speed Train project (KCJB) since the second of March after the Construction Safety Committee (Komite Keselamatan Konstruksi/K2K) officially send written instruction to PT Kereta Cepat Indonesia... [read more]

PT Bumi Serpong Damai Tbk aims for 11% growth in marketing sales to Rp7.2 trillion this year. Residential segment is expected to be the main contributor at 58% of the total or Rp4.2 trillion. While commercial is expected to reach 28% and the remaining from joint venture with its strategic partners.... [read more]