Search result for: "Property industry"

PP Properti Bulk Selling. The international rating agency Fitch Ratings has lowered the long-term national rating of PT PP Properti Tbk (PPRO) from BBB- to CCC. Fitch said that the downgrade of PPRO reflected a weak liquidity condition, which could lead to an increase in refinancing.

Astra International Car Sales Increase 108%. Car sales performance under the auspices of Astra International Tbk (ASII IJ). For July 2020 period is still on an upward path compare to previous month. Sales figure manage to increase significantly more than 100% on a monthly.

Sentul City Develops Smart City. The property issuer, Sentul City Tbk (BKSL IJ) has provide 200 ha of land to develop a technology-base smart city using industry 5.0. Head of Corporate Communication & Government Relations Sentul City Alfian Mujani said the company has held talks with investors from Singapore, but it has not yet.

SSIA Cross Currency Interest Rate Swap. In the first semester of 2020. PT Surya Semesta Internusa Tbk (SSIA) post a consolidate income of IDR 1.46 trillion. Revenues decrease by 19.2% compare to Rp 1.81 trillion in the first semester of 2019. Base on the Company’s Financial Statements. This decline was mainly due to revenue from.

Astra International Market Capitalization Significant Growth. Jakarta Composite Index (JCI) was corrected throughout May 2020. JCI experienced a weakening from 4,716.43 at the end of April 2020 to 4,641.55 on Wednesday (05/27) or equivalent to 1.59%. The decline in the JCI was follow by a decrease in the market capitalization of large stocks. Among the.

Pakuwon Jati Cuts Marketing Sales. Economic pressure due to the COVID-19 global pandemic was also felt by property companies such as, Pakuwon Jati Tbk (PWON IJ). Director of Pakuwon Jati, Ivy Wong, said that the number of coronavirus patients, which is still increasing and the implementation of large-scale social restrictions (PSBB), complicates the current condition.

A COVID-19 Outbreak Suppress Mall Visitors. The outbreak of the Coronavirus COVID-19 global pandemic hurt the shopping center. The increasing amount of suspect Coronavirus causes people to reduce outdoors activities, including shopping.

Coronavirus Outbreak Suppress Travel Insurance. The spread of CoronaVirus COVID-19 has suppressed the tourism industry. The prohibition of travel from and to the most affected countries, and the recommendation to suspend travel, will have an impact on the general insurance business, especially on travel.

An Outbreak Coronavirus Effect on Air Transportation. The air transportation business became one of the sectors that felt the greatest effect due to the change of Coronavirus Covid-19. International Flights routes are.

MMLP Welcomes Amazon Arrivals. Industrial area entrepreneurs welcome positive plans of entry of Amazon (NASDAQ: AMZN) to Indonesia, will push the demand for industrial areas, so far still growing.