Sun, 08 Jun 2008
JAKARTA: PT Bumi Serpong Damai (BSD), developer of the popular satellite city complex southwest of Jakarta, expects to seal Rp 1.5 trillion (US$163 million) in sales revenue this year on the back of stronger property demand.

"We're optimistic of achieving the target although the central bank's key interest rate is increasing," corporate secretary Fangky Indahjani said Friday during the company's listing on the Indonesia Stock Exchange.

The company booked Rp 1.4 trillion in revenue last year.

BSD raised Rp 601.4 billion by selling 1.09 billion shares to the public last week at a price of Rp 550 per share.

The fund will be allocated to develop infrastructure for the company's property compound, to refinance Rp 600 billion worth of its bonds and to finance its property expansion project.

The company plans to build 80 housing clusters, seven community centers and an integrated commercial area on 5,290 hectares of land in the Serpong area.

The company is also speeding up the second phase a 2,000 hectares development project by constructing schools this year and a shopping mall next year.

Currently there are 4,100 commercial outlets and 20,600 houses inhabited by 100,000 residents in BSD's Serpong area. -- JP



News Search/Filter
Transaction Rates
18 Jul 18
Buy
Sell
AED1
3,883.40
3,883.40
AFN1
196.20
196.20
ALL1
132.32
132.32
AMD1
29.74
29.74
ANG1
7,734.51
7,734.51
AOA1
56.25
56.25
ARS1
518.39
518.39
AUD1
10,523.80
10,523.80
AWG1
7,972.29
7,972.29
AZN1
8,378.53
8,378.53
BAM1
8,549.53
8,549.53
BBD1
7,132.22
7,132.22
BDT1
168.87
168.87
BGN1
8,498.33
8,498.33
BHD1
37,675.75
37,675.75
BIF1
8.05
8.05
BMD1
14,264.45
14,264.45
BND1
10,471.57
10,471.57
BOB1
2,065.19
2,065.19
BRL1
3,717.11
3,717.11
BSD1
14,264.45
14,264.45
BTC1
105,508,732
105,508,732
BTN1
208.51
208.51
BWP1
1,394.29
1,394.29
BYN1
7,207.04
7,207.04
BZD1
7,099.72
7,099.72
CAD1
10,803.31
10,803.31
CDF1
8.84
8.84
CHF1
14,257.55
14,257.55
CLF1
599,346.91
599,346.91
CLP1
21.81
21.81
CNH1
2,119.70
2,119.70
CNY1
2,126.61
2,126.61
COP1
4.93
4.93
CRC1
25.17
25.17
CUC1
14,264.45
14,264.45
CUP1
559.39
559.39
CVE1
150.35
150.35
CZK1
642.72
642.72
DJF1
80.13
80.13
DKK1
2,230.05
2,230.05
DOP1
287.05
287.05
DZD1
121.09
121.09
EGP1
796.89
796.89
ERN1
950.32
950.32
ETB1
516.40
516.40
EUR1
16,622.72
16,622.72
FJD1
6,768.43
6,768.43
FKP1
18,693.19
18,693.19
GBP1
18,693.19
18,693.19
GEL1
5,824.26
5,824.26
GGP1
18,693.19
18,693.19
GHS1
2,978.76
2,978.76
GIP1
18,693.19
18,693.19
GMD1
298.10
298.10
GNF1
1.58
1.58
GTQ1
1,904.61
1,904.61
GYD1
68.20
68.20
HKD1
1,817.39
1,817.39
HNL1
593.83
593.83
HRK1
2,249.63
2,249.63
HTG1
211.46
211.46
HUF1
51.38
51.38
IDR1
1.00
1.00
ILS1
3,926.12
3,926.12
IMP1
18,693.19
18,693.19
INR1
208.64
208.64
IQD1
11.97
11.97
IRR1
0.32
0.32
ISK1
133.64
133.64
JEP1
18,693.19
18,693.19
JMD1
108.99
108.99
JOD1
20,104.85
20,104.85
JPY1
126.20
126.20
KES1
142.08
142.08
KGS1
209.12
209.12
KHR1
3.51
3.51
KMF1
33.78
33.78
KPW1
15.84
15.84
KRW1
12.66
12.66
KWD1
47,117.22
47,117.22
KYD1
17,125.63
17,125.63
KZT1
41.52
41.52
LAK1
1.69
1.69
LBP1
9.43
9.43
LKR1
89.21
89.21
LRD1
88.24
88.24
LSL1
1,075.05
1,075.05
LYD1
10,387.75
10,387.75
MAD1
1,505.03
1,505.03
MDL1
855.64
855.64
MGA1
4.24
4.24
MKD1
270.04
270.04
MMK1
9.96
9.96
MNT1
5.84
5.84
MOP1
1,765.22
1,765.22
MRO1
40.12
40.12
MRU1
397.78
397.78
MUR1
414.72
414.72
MVR1
925.65
925.65
MWK1
19.63
19.63
MXN1
755.02
755.02
MYR1
3,526.60
3,526.60
MZN1
241.60
241.60
NAD1
1,075.05
1,075.05
NGN1
39.51
39.51
NIO1
449.42
449.42
NOK1
1,748.99
1,748.99
NPR1
130.31
130.31
NZD1
9,658.53
9,658.53
OMR1
37,052.07
37,052.07
PAB1
14,264.45
14,264.45
PEN1
4,363.95
4,363.95
PGK1
4,336.64
4,336.64
PHP1
266.90
266.90
PKR1
111.99
111.99
PLN1
3,869.35
3,869.35
PYG1
2.49
2.49
QAR1
3,917.73
3,917.73
RON1
3,574.16
3,574.16
RSD1
140.92
140.92
RUB1
227.67
227.67
RWF1
16.42
16.42
SAR1
3,803.55
3,803.55
SBD1
1,811.69
1,811.69
SCR1
1,053.50
1,053.50
SDG1
792.73
792.73
SEK1
1,612.99
1,612.99
SGD1
10,444.57
10,444.57
SHP1
18,693.19
18,693.19
SLL1
2.26
2.26
SOS1
24.62
24.62
SRD1
1,912.63
1,912.63
SSP1
109.50
109.50
STD1
0.67
0.67
STN1
678.45
678.45
SVC1
1,631.02
1,631.02
SYP1
27.69
27.69
SZL1
1,074.76
1,074.76
THB1
427.97
427.97
TJS1
1,514.89
1,514.89
TMT1
4,061.64
4,061.64
TND1
5,398.08
5,398.08
TOP1
6,169.91
6,169.91
TRY1
2,969.43
2,969.43
TTD1
2,117.24
2,117.24
TWD1
467.68
467.68
TZS1
6.25
6.25
UAH1
543.82
543.82
UGX1
3.83
3.83
USD1
14,264.45
14,264.45
UYU1
455.77
455.77
UZS1
1.82
1.82
VEF1
0.17
0.17
VND1
0.62
0.62
VUV1
130.54
130.54
WST1
5,509.14
5,509.14
XAF1
25.34
25.34
XAG1
222,189.94
222,189.94
XAU1
17,505,837.44
17,505,837.44
XCD1
5,278.14
5,278.14
XDR1
20,068.39
20,068.39
XOF1
25.34
25.34
XPD1
13,087,137.67
13,087,137.67
XPF1
139.29
139.29
XPT1
11,661,113.08
11,661,113.08
YER1
56.97
56.97
ZAR1
1,073.79
1,073.79
ZMW1
1,423.45
1,423.45
ZWL1
44.25
44.25
Taxation Exchange Rates
31 Aug 16 - 06 Sep 16
USD 1
13,232.00
AUD 1
10,043.30
CAD 1
10,213.70
DKK 1
1,999.40
HKD 1
1,706.22
MYR 1
3,283.28
NZD 1
9,623.63
NOK 1
1,605.23
GBP 1
17,433.70
SGD 1
9,757.68
SEK 1
1,569.45
CHF 1
13,631.10
JPY 100
13,101.00
MMK 1
11.01
INR 1
197.29
KWD 1
43,920.70
PKR 1
126.23
PHP 1
285.00
SAR 1
3,528.53
LKR 1
91.12
THB 1
382.08
BND 1
9,756.53
EUR 1
14,885.50
CNY 1
1,987.61

Okusi Associates: Indonesian Business & Management Services