The Finance Minister, the Central Bank of Indonesia (BI) and the Coordinating Economic Minister announced the forecast for Indonesia’s Gross Domestic Product (GDP) to grow between 6.5% and 8.3% (yoy) in the second quarter of this year, indicating the first annual GDP growth since the Covid-19 pandem... [read more]

The Central Bank of Indonesia (BI) has decided to keep its key interest rate or BI 7 Days Reverse Repo Rate in May 2021 BI Board of Governor Meeting at 3.50%. This policy is in line with the requirement for the central bank to maintain stable Rupiah and inflation rate. In addition, BI also kept the... [read more]

PT Sentul City Tbk. announced that the land transaction between PT Genting Properti Nusantara and PT Genting Properti Cemerlang, a subsidiary of Genting Property Sdn Bhd (Genting Property) Malaysia has been completed. The acquired land is a total of 9.4 hectares in the central of Sentul City commerc... [read more]

PT Ciputra Development Tbk. (CTRA) recorded an increase in growth during the first quarter of 2021 and it achieved Rp243.37 billion in net profit or increasing by 37.10% from the same period last year. CTRA also achieved 23.3% revenue growth in the same period to Rp1.85 trillion with marketing sales... [read more]

PT Repower Asia Indonesia Tbk. (REAL) is optimistic to achieve its marketing sales target of Rp147.96 billion and is committed to provide quality products. To achieve its target, REAL has allocated Rp64.05 billion in capital expenditure. During 2020, REAL recorded 25% sales growth to Rp12.68 billion... [read more]