PT Diamond Citra Propertindo Tbk (DADA) plans to develop its property business this year by conducting initial public offering (IPO) on 14 February. From the IPO, DADA obtained Rp218.99 billion fund which will be allocated for land acquisition (Rp199.4 billion) of 3.7 hectares in Bogor through its s... [read more]

The Central Bank of Indonesia (BI) estimates that the wide affect of Covid-19 pandemic in many countries, including Indonesia, will threaten the global and domestic macro financial stability. In Indonesia, the pandemic has significantly impacted tourism, trade and investment. BI has unveiled a polic... [read more]

PT Surya Semesta Internusa Tbk (SSIA) recorded 145% surge of consolidated net profit to Rp92.3 billion from Rp37.7 billion last year. The net profit came from the consolidated revenue of Rp4.006 trillion which grew 8.8% from last year of Rp3.681 trillion. SSIA recorded Rp533 billion of EBITDA 17.2%... [read more]

PT Waskita Karya Realty (Waskita Realty) recorded Rp236.31 billion in revenue in 2019. Its net profit was recorded at Rp97 billion while the project investment performance was recorded at 19.04% real estate asset value growth. In 2019, Waskita Realty developed Vasaka The Reiz Condo in Medan, Yukata... [read more]

Bank loan distribution in Indonesia in March 2020 was recorded with 7,95% year on year (YOY) growth. The Indonesia Financial Services Authority (OJK) reported that this growth was higher than in the previous month of 5.93% YOY. Bank liquidity and funding was in adequate level. The liquidity ratio/no... [read more]