Pertamina will soon launch a new oil fuel product Turbo with Research Octane Number (RON) 98 to expand the market of its non subsidized oil fuels. General Manager of Pertaminas southern Sumatra Regional Marketing Operation Herman M. Zaini said the production…
The Indonesian Ministry of Trade is working to boost the export of products such as automotives, components and accessories to markets in Europe and Asia (Eurasia) in a bid to strengthen non-oil exports. “Through the largest exhibition of products of…
The Filipino business community in Indonesia has launched the Philippine Business Club Indonesia (PBCI), a business association representing private sector interests to promote and strengthen business, economic, and socio-cultural ties between the Philippines…
Having inaugurated Wasuir Port at Wondama Bay, Teluk Wondana District, West Papua Province yesterday, President Joko Widodo today, Wednesday, April 6, 2016, will inaugurate five ports which connect Eastern Indonesia regions. Head of Transport Department of…
D-BOX Technologies and PT Cinemaxx Global Pasifik (Cinemaxx), affiliate of Indonesia’s Lippo Group, are pleased to announce the conclusion of an agreement to install D-BOX immersive motion systems into the first auditorium in Indonesia in 2016. “The addition…
Publicly traded lender PT. Bank Negara Indonesia Persero Tbk reported Rp2.9 trillion in net profit in the first quarter of this year up 5.5 percent year-on-year. The profit was attributable mainly to net interest income especially interest on infrastructure…
China, Indonesia, South Korea and Thailand have expressed interest in bidding for hosting the football Asian Cup to be held in 2023, the Asian Football Confederation (AFC) said here on Tuesday.During the meeting held in the Malaysian capital, the AFC…
Ride-hailing app Uber on Wednesday launched a motorbike taxi service in the Indonesian capital where Southeast Asian rivals Go-Jek and Grab are already battling for dominance. Jakarta is one of the world’s most congested cities and motorbike taxis ordered…
Through the acquisition Alibaba is to have a firmer grip on the online retail business in Southeast Asia, including Indonesia, the region’s largest economy where Internet and smartphone penetration have been developing rapidly in recent years (although coming…
The Indonesian Stock Exchange (IDX) expressed optimism that the companies listed on the IDX would provide positive results as the national economy was predicted to grow by above 5 percent. “In 2015, more than 75 percent of stock issuers at the IDX booked…
Indonesia’s PT Visi Media Asia Tbk on Wednesday said it plans to remain a controlling shareholder of PT Intermedia Capital Tbk, and is considering options such as replacing foreign-denominated debt with rupiah debt. The media company, part of the Bakrie Group…
Expansion of the Rokot airport on the island of Mentawai off West Sumatra is to be completed in 2019 to accommodate wide bodied aircraft. West Sumatra Vice Governor Nasrul Abit said the Rokot airport which has been in operation since 1980 is being expanded…
The Indonesia Ministry of Tourism will develop Halal tourism in West Sumatra, a province that has a potential for such a concept just as West Nusa Tenggara province, known for similar tourism. “West Sumatra has a potential for Halal tourism development as…
TeleponIndonesia.com has great news for everyone making calls to Indonesia! The international calling website now offers more affordable rates for Voice Credit calls to mobiles and landlines in this country. With TeleponIndonesia.com, calls to Indonesia are…
Rocket Internet is selling its Zalora Thailand and Vietnam eCommerce fashion sites. This follows the Alibaba Group investing in Rocket Internet’s Lazada, valued at US$1.5 billion. Zalora, which raised more than $250 million, was once on an equal footing with…
Huawei has launched a new 4K ultra HD streaming video offering during its Big Video Summit in Indonesia. The vendor recently successfully trialed the technology in collaboration with Telkom Indonesia. Huawei’s 4K technology combines fiber broadband and 4K…
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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