PT Lippo Cikarang Tbk (LPCK) achieved Rp 1.05 trillion in marketing sales in the third quarter of 2024. This achievement reached 74% of LPCK’s target for 2024 of Rp 1.43 trillion. The sales were driven by strong demand for residential projects, specifically for landed houses and shophouses with resp... [read more]

The Statistics Indonesia (BPS) reported that foreign tourist (wisman) to Indonesia as of October 2024 reached 11.56 million visits or increased by 20.45% from the same period in 2023. However, cumulatively, the number of foreign visits in October 2024 was lower than in the same period before the pan... [read more]

According to the report from the Statistics Indonesia (BPS), Indonesia monthly inflation was recorded at 0.3% mtm on the 2nd November. This rate was higher than in October 2024 when it was at 0.08% mtm. Meanwhile, the annual inflation rate was recorded at 1.55% or lower than in October 2024 of  1.75... [read more]

Indonesian property tycoon Sugianto Kusuma a.k.a Aguan, plans to develop a port, a theme park, and a Formula 1 racing circuit in Pantai Indah Kapuk Dua (PIK 2). According to the tycoon, this project will require more than Rp 5 trillion in capital expenditure in 2025. Currently, discussions with part... [read more]

PT Summarecon Agung Tbk (Summarecon) achieved Rp 90 billion from the sales of its commercial product, Quantum Commercial shophouse in Summarecon Serpong. By adopting the concept of alfresco, the shophouses are available with and without a spacious balcony, with the total floor area of 5x16 on a tota... [read more]