NEWS

Indonesia’s economic growth in the third quarter of 2020 contracted by 3.49% yoy during the period of July to September 2020. Cumulatively, the economic growth during nine months contracted by 2.03% yoy. [read more]

PT Ciputra Development Tbk. (CTRA) recorded Rp3.4 trillion in marketing sales as of September 2020, or 18% lower compared to the same period last year. For 2020, CTRA aims to achieve Rp5 trillion in marketing sales. In the first semester of 2020, CTRA recorded Rp2.80 trillion in revenue or declined... [read more]

Despite the Covid-19 pandemic, PT Wijaya Karya (Persero) Tbk. Is optimistic to achieve the targeted completion of Jakarta-Bandung High Speed Train Project by the end of 2022. As of October 2020, the project has progressed by more than 58%. Currently, the production activities and the construction on... [read more]

PT Summarecon Agung Tbk. launched new Rainbow Springs Condovillas units located in The Springs area in Gading Serpong, Tangerang, Banten. The residential concept is inspired by low-rise residential units in Europe with green landscapes and outdoor facilities for a social interaction for its resident... [read more]

PT Modernland Realty Tbk. will soon launch an apartment project in the Kota Modern area, considering the growing needs for residential and the high cost of land in the area. The project will be introduced by the end of 2020. Kota Modern itself is developed on a total land area of 400 hectares with t... [read more]