A subsidiary of PT Diamond Citra Propertindo Tbk, PT Kalibata Inovasi Maju establishes a partnership with PT Java Teakfurn to develop the Apple3 Condovilla, inaugurated with the groundbreaking at Lebak Bulus, South Jakarta. The project has six 4-storey towers with the total units of 530. The project... [read more]

After the success of Pisa Grande Commercial project phase 1 in Paramount Gading Serpong, Paramount Land recorded a sell-out for its phase 2, comprising 141 units worth Rp250 billion. Pisa Grande is a new commercial business center in Paramount Gading Serpong that integrates office, commercial, resid... [read more]

PT Agung Podomoro Land Tbk. (APLN) recorded Rp2.5 trillion in marketing sales as of October 2020, excluding VAT with 88% of the total was contributed by the land sales of industrial estates in Karawang, Podomoro Park Bandung, Podomoro Golf View and Podomoro City Deli Medan. While as of 30 September... [read more]

The Central Bureau of Statistics recorded October 2020 trade balance with the surplus of US$3.61 billion, increasing from US2.39 billion in September 2020 or six consecutive surpluses in the last six months since May 2020. The total export in October was recorded at US$14.39 billion or 3.09% mom hig... [read more]

The development of Greater Jakarta Light Rail Transit (LRT) is aimed to start operation in June 2022 with 31 trainsets to serve up to 500,000 passengers per day. A trial-run from TMII Station to Harjamukti Station has been conducted at 80 kilometers per hour speed with no considerable issues. The op... [read more]