Next year, PT Ciputra Development Tbk. (CTRA) will develop new residential projects in Medan and Surabaya by collaborating with PT Perkebunan Nusantara II (PTPN II). There will be two projects in Medan on 7 hectares and 35 hectares of land areas, respectively, while the project in Surabaya will resi... [read more]

A subsidiary of PT Jababeka Tbk., PT Graha Buana Cikarang has signed the joint venture with Hong Kong Smart City Consortium to develop the Smart City and Urban Development project in Jababeka, Cikarang, West Java virtually during the Belt and Road Summit 2020 on 30 November. The joint venture will f... [read more]

After the success of its six property products in 2020, comprising three products in Lippo Karawaci and three products in Lippo Cikarang, PT Lippo Karawaci Tbk. is launching new residential projects by the end of this year named Soho Flex/Space Lippo. The project is available with attic loft and dou... [read more]

PT Angkasa Pura II (Persero) or AP II recorded its highest daily traffic on 29 November 2020 in Soekarno-Hatta Airport, Jakarta amidst the Covid-19 pandemic with the total of 722 flights comprising 363 departures and 359 arrivals. Previously, the highest daily traffic was recorded on 20 November wit... [read more]

After the October 2020 the Consumer Price Index (IHK) recording an inflation rate at 0.07% mom, the Central Bureau of Statistics (BPS) recorded a slightly higher inflation rate of 0.28% mom in November 2020. The year-to-date inflation rate was recorded at 1.23% and the annual inflation rate was at 1... [read more]