Based on data from the Central Bureau of Statistics (BPS) there were 470,900 foreign tourist visits to Indonesia in March 2020, 64.11% lower than in March 2019. While in January-March 2020 period there were 2.61 million foreign visits to Indonesia, declining 30.62% from the same period in 2019 when... [read more]

The Covid-19 pandemic lowers the public consumption which is shown by the data from the Central Bureau of Statistics that recorded April 2020 inflation at 0.08%, far lower than in March when it was recorded at 0.1% and lower than the year to date inflation of 0.8%. The core inflation which supposed... [read more]

AKR Gallery West in the Kebun Jeruk area is one of the iconic developments from AKR land Development (AKR Land) which delivers a practical and dynamic lifestyle in a strategic location, ease of access and the unique combination of office spaces, an apartment tower, retail areas and the famous MACAN... [read more]

During the first quarter of 2020, Triniti Land did not allocate any funding to acquire landbanks and prefer to work in cooperation schemes with landowners to develop projects. Currently, Trinity has several project portfolios and it is continuing its existing projects, including the mixed-use projec... [read more]

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]