PT Suryamas Dutamakmur Tbk (SMDM) aims for Rp 530 billion in its annual marketing sales which is 12.28% higher than the realized marketing sales last year of Rp 472 billion. SMDM also aims for approximately Rp 40 billion – Rp 50 billion in the net profit. In the first three months of 2021, SMDM reco... [read more]

PT Metropolitan Land Tbk (MTLA) will focus on developing its existing projects this year and to launch new product clusters in the existing projects. Several new projects to be released this year are located in Metland Cybercity and Metland Puri projects which will rely on the digital marketing effo... [read more]

PT Intiland Development Tbk (DILD) continued to launch new residential clusters in Surabaya. After launching commercial products within its Tierra Mixed-Use and High-Rise integrated area, DILD will launch three new clusters in the Graha Natura residential, comprising Alamanda, Edenia Extension, and... [read more]

The government projects that Indonesia’s economy in the second quarter can reach 8% after a 0.74% contraction in the first quarter due to the Covid-19 pandemic. This projection can be seen from a number of indicators, including over 100% recovery in the consumer’s confidence index, 9.8% (yoy) growth... [read more]

The Central Bank estimated that Indonesia’s economy in 2022 may reach within the 5.0% to 5.5% range. The growth in 2022 will be supported by the movement of its components, including the household consumption, government consumption, investments as well as exports and imports. The recovery is also b... [read more]