7:03 pm June 12, 2015 | No Comment
President Joko Widodo emphasized the importance of connectivity in Indonesia as he inaugurated the Gempol-Pandaan toll road worth Rp 1.47 trillion ($110 million) in East Java on Friday.
3:13 pm June 12, 2015 | No Comment
Property developer Binakarya Jaya Abadi is targeting to raise up to Rp 310 billion ($23 million) from an initial public offering by the end of this month, raising money for expansion and to pay back debts.
5:16 pm June 11, 2015 | No Comment
Property developer Paramount Land started offering housing units at Paramount Village, a project in Semarang, Central Java, valued at Rp 350 billion ($26 million), the company said in a statement on Thursday.
2:54 pm June 11, 2015 | No Comment
Bekasi Fajar Industrial Estate, a listed industrial estate developer, has lowered its sales target for the year, blaming the global economic slowdown and a persistently weak rupiah.
8:56 am June 9, 2015 | 4 Comments
A crackdown on foreign investors who breach Australian law barring purchases of existing homes is reaping results a month after new penalties and a temporary moratorium were announced, the government said on Tuesday.
7:48 pm June 7, 2015 | No Comment
Lippo Group, one of Indonesia's largest conglomerates, launched on Saturday its first hospital in Myanmar, as part of the group's plan to spend $1 billion to build 20 hospitals in the country over the next three to five years.
12:53 pm June 3, 2015 | No Comment
Real-estate developer Modernland Realty seeks to raise as much as Rp 1 trillion ($755 million) from a bond sale this month, which will be used to pay off some of its debts and acquire more land this year.
1:41 pm May 28, 2015 | No Comment
State financing firm Sarana Multigriya Finansial will loan Rp 1.5 trillion ($115 million) to Bank Tabungan Negara, Indonesia's largest mortgage lender, in order to support the 1 million houses program proposed by President Joko Widodo.
5:51 pm May 22, 2015 | No Comment
Bank Indonesia, the central bank, said it will cut down payment requirement for first-time home buyers to 20 percent from 30 percent now, in a move to encourage more lending and boost economy growth.
12:09 pm May 7, 2015 | No Comment
Duta Pertiwi, a property developer, posted a 43 percent drop in net income to Rp 117.25 billion ($9 million) in the first quarter of 2015 from Rp 206 billion in the same period last year, as the company sells more houses than shops that resulted in lower margins.
1:28 pm May 6, 2015 | No Comment
State-controlled construction company Pembangunan Perumahan is targeting revenue and profit more than doubling by 2018 from its expanding construction and property businesses.
9:21 am May 6, 2015 | No Comment
Investors still wondering how Kaisa Group Holdings doubled its debt in six months and triggered China’s first property bond default may want to read page 63 of its 2014 interim report.
12:06 pm May 5, 2015 | 1 Comment
The One Partners, a South Korean-based property developer, says it is developing a villa-hotel project worth Rp 250 billion ($19 million) in Lombok, West Nusa Tenggara.
3:30 pm May 4, 2015 | No Comment
Puradelta Lestari — an industrial estate unit of property developer Sinarmas Land — is set to raise as much as Rp 3.8 trillion ($293 million) in its second run for an initial public offering this month, after shelving the plan in 2013.