Hospital business continues to attract investment companies. This time, PT Saratoga Investama (SRTG) Tbk, an investment holding controlled by Edwin Soeryadjaya, decided to become minority shareholder of PT Famon Awal Bros Sedaya, which operates four hospitals in Indonesia.

Ever heard of Daniland Group? You might have to start learning the company because of its property assets and projects in the country, plus names behind.

Indonesian Association of Motorcycle Industry (AISI) has just revised down full year sales target to 6 million units upon reviewing performance in the first nine months of 2016. Last month, motorcycle sales grew to 555,820 units from 527,536 units in August, but sales in the first nine months dropped 9.74% to 4.35 million units. We had a chance to discuss the market with AISI chairman Gunadi Sindhuwinata.

PT Arwana Citramulia Tbk (ARNA), one of the largest ceramic producers in Indonesia, reported strong results in the third quarter ended Sept 30, 2016. Its sales revenue grew 25%, while net profit jumped to Rp16 billion from less than one billion rupiah in the corresponding period of 2015. The Company’s data showed significant movement in markets outside Java, pretty much mirroring cement sales data.

Indonesia booked trade surplus of US$1.22 billion last month, an increase of 18.1% year-on-year, but mostly due to 2.3% decline in import. While the trade surplus supports rupiah, September data suggests lacklustre domestic demand and investments.

Kutuh Village in Bali Island has been busier in the past few years with construction of some new five-star hotels. Last week. construction of Bukit Pandawa Golf and Country Club nearby the famous Pandawa Beach was started. Sitting over 29 hectares of land, the 18-hole golf course boosts profile of the area, which is located up north of hotels like Mulia Resort and Shang-ri La Hotels.

President Joko ‘Jokowi’ Widodo inspected construction of three toll road projects on Saturday, Oct 15 to ensure their completion on target in 2018. They are Semarang-Solo, Solo-Ngawi, and Ngawi-Kertosono toll roads. Jokowi believes these toll roads will be operational in 2018 as scheduled.

Physical construction of Phase I of mass-rapid transit (MRT) has reached 56.41% after then Jakarta governor Joko Widodo kicked off the development in late 2013. Underground section has reached 74.5%, while elevated section 38.5%, reflecting difficulties in land acquisition. How about Phase II? How about MRT connecting east and west of Jakarta? Light-rail transit? We had a chance to discuss these issues with Sutanto Soehodho, deputy governor of Jakarta for industry, trade, and transportation affairs at the sidelines of Property Report Congress 2016.