PT Ciputra Development Tbk. (CTRA) achieved Rp2 trillion in marketing sales in the first semester of 2020 or 16.2% lower than in the same period of 2019. However, CTRA recorded Rp412 billion in marketing sales in June or increasing from Rp310 billion in May. CTRA aims to achieve Rp4.5 trillion in ma... [read more]

In the first semester of 2020, the manufacturing sector increased to Rp129.6 trillion or 23.9% from the same period in 2019 when it was recorded at Rp104.6 trillion. Based on the data from the Coordinating Board of Investment (BKPM), the manufacturing sector significantly contributed to the foreign... [read more]

In the first period of Move-in-Quickly, Sinar Mas Land achieved Rp635 billion through the sales of Jadeite, Golden Vienna and BSD Autoparts in BSD City and Nebraska residential in Kota Wisata Cibubur which were sold out. In Jakarta, Sinar Mas Land is offering the two-tower apartment named The Elemen... [read more]

PT Ciptadana Asset Management plans to delist the DIRE Ciptadana Properti Perhotelan Padjajaran (XCIS) on the Indonesian Stock Exchange (BEI) during the General Meeting of Shareholders for the DIRE Ciptadana Properti Perhotelan Padjajaran. The DIRE of Ciptadana Properti Padjajaran owns assets of Sal... [read more]

The Coordinating Minister of Economy Airlangga Hartarto estimates Indonesia’s economy to grow minus 3.4% in the second quarter of 2020 and minus 1% in the third quarter. In the first quarter of 2020, the national economy was recorded at 2.97%. Despite the signal of recession in the third quarter of... [read more]