PT Intiland Development Tbk (Intiland) 30% increase in revenue from the housing segment in the first quarter of 2024 compared to the same period in 2023, rising from Rp126.55 billion to Rp164.33 billion. The increase was driven by the recognized sales of landed houses with the largest contribution c... [read more]

The Central Bureau of Indonesia (BPS) recorded the national economic growth by 5.11% yoy in the first quarter of 2024. This is the highest first quarter growth since 2015. Based on World Economic Outlook publication from the International Monetary Fund (IMF) in April 2024, Indonesia’s economic growt... [read more]

The property sector was one of Indonesia’s top five sectors with the largest investment contribution in the first quarter of 2024. The property sector includes the residential, industrial and office subsectors. Based on data from the Ministry of Investment/BKPM, the property sector realized Rp29.4 t... [read more]

In the Executives’ Meeting of East Asia Pacific Central Banks (EMEAP) Deputies’ and Related Meetings held by the Central Bank of Indonesia on 29th to the 30th April 2024 in Bali, Indonesia economy is estimated to remain robust amidst the global uncertainty. In this event, pro-stability monetary poli... [read more]

PT Hutama Karya (Persero) (HK) reported that the construction progress of Padang-Sicincing Toll Road, which is a part of the Trans Sumatra (JTTS) toll network, has reached 58.76%. The project, which has the total length of 36 kilometers and the investment value of Rp9.8 trillion, is planned to be op... [read more]