The Indonesian Chamber of Commerce and Industry (Kadin) has joined Malaysia’s halal e-commerce website to tap into a larger international consumer base for local products, while at the same time giving local consumers easier access to imported halal products.…
Chairman of Executive Committee of the Indonesian Consumers Organization Foundation (YLKI) Tulus Abadi protested on a Bikini-brand snack product. Tulus said the brand sold in social media is considered as indecent. “That is a snack (fried noodle) product with…
Pan-Asia retailer Dairy Farm International Holdings reports “modest” sales growth for the six months ended June 30. Underlying profit was slightly ahead as higher contributions from food, home furnishings, restaurants and China hypermarket Yonghui offset a…
The Administration of President Joko Widodo (Jokowi) is racing against time to make its tax amnesty program a success, in order to increase the much needed state revenues. Officially launched on July 1, the tax amnesty program is effective from July 18, 2016…
Indonesian Coordinating Minister for Economic Affairs Nasution said Indonesia is ready to explore economic cooperation with France. He mentioned that France is a strategic trading partner for Indonesia. Nasution made the statement during a meeting with French…
CIMB Group Holdings Bhd’s 97.9% owned Indonesia-based subsidiary PT Bank CIMB Niaga Tbk, boosted its unaudited consolidated net profit by 318.2% to 736 billion rupiah (RM228.4mil) for the six-month period ended June 30, 2016 (H1). The fifth largest bank in…
The central Bank of Indonesia has said that Indonesia’s economy will continuously improve, along with the stability of the economy, the continuation of fiscal stimulus, and the implementation of structural reforms. “In the medium-term, Indonesias economic…
Indonesia has so far proven to be the most favorite destination for Australian tourists, overtaking New Zealand, Indonesian Ambassador to Australia Nadjib Riphat Kesoema said. “The variety of natural wealth and beauty, culture and world-class tourist…
Indonesia’s mushrooming start-up companies have the potential to boost the country’s economy, thanks to their large customer base. According to Sillicon Valley-based Fenox Venture Capital, the movement could drive the Indonesian economy to expand faster than…
PT Bank Central Asia Tbk. (BCA) made a net profit of Rp9.6 trillion in the first semester of this year, reflecting a growth of 12.1 percent year-on-year, mostly from interest income following the bright growth of corporate credits. BCA President Director…
State lender PT. Bank Negara Indonesia Persero Tbk (BNI) reported a strong growth of 79.9 percent year-on-year in profit to Rp4.37 trillion in the second quarter of 2016 despite a decline in credit quality. President Director of the countrys fourth largest…
Indonesia has high hopes of carving out a share of the crowded Korean domestic cafe scene and coffee market. A cafe specialising in artisanal Indonesian coffee is planned to open soon on the Bojeong-dong Cafe Street in Seoul. It will sell ground coffee and…
A massive Starbucks Asia store roll-out has boosted the global coffee company’s third quarter results. Across China and the Asia-Pacific region, Starbucks opened 888 new stores in the first nine months of the current financial year. That helped lift revenues…
Indonesia sparkles in the jewellery retail market, according to a new report from Euromonitor International. Buoyed by growth in Asia Pacific, particularly China and India, jewellery will continue to be the best-performing category in the personal accessories…
Sarawak (Malaysia) restaurant chain SCR Corp is set to move into Indonesia, first targeting Pontianak in Borneo as well as Jakarta. GM (franchising and strategic planning) Johnny Leo Lee Boon says the company is ready to launch its franchise business once…
Indonesia’s PT Telkom has launched a new line of high-speed broadband services for enterprise customers offering speeds of up to 1Gbps. The operator’s new Smart Office Pro services are designed to meet business customers’ requirements for high-speed broadband…
Retail Academy: Indonesia
Free background guides on how retail works in this market.
Around 280 million people, thousands of inhabited islands, dominant convenience and warung trade, and import rules that stop first shipments at the port.
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Indonesia.
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