Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.
The Indonesian Chamber of Commerce and Industry (Kadin) has approved the operation of online-based transportation services, such as Grab Car and Uber. However, Kadin had put out several requirements that must be fulfilled by online-based transportation…
Indonesia and Belgium have agreed to intensify economic cooperation, particularly in the fields of trade and investment. Both nations reached the agreement during a meeting between Indonesian President Joko Widodo (Jokowi) and Princess Astrid of Belgium at…
US-based technology and manufacturing firm Honeywell plans to tap into Indonesia’s robust infrastructure development, especially of airports and railways, that is aligned with President Joko “Jokowi” Widodo’s vision for the coming years. The company…
The Commission for the Supervision of Business Competition (KPPU) noted at least 12 companies are suspected to be involved in chicken cartel practices. “Now the case has entered the court trial stage,” said Muhammad Syarkawi Rauf, Chairman of the KKPU to us…
Vietnam will join worlds largest natural rubber producers to cut exports in a bid to shore up the shrinking price of that commodity. Vietnam will follow Thailand, Indonesia and Malaysia to cut its imports of natural rubber by 15 percent starting March 1 until…
The world’s three largest rubber producing countries Indonesia, Thailand, and Malaysia, have agreed to start reducing rubber exports. As members of the International Tripartite Rubber Council (ITRC), the three countries decided on this policy to boost rubber…
The Indonesian government held a closed-door meeting to discuss efforts to boost investment and business through the implementation of an easy and fast licensing service. “We should improve all aspects of licensing in relation to issuing building and…
Indonesia’s retail sales in January grew 12.5 per cent from a year earlier, bolstered by information and telecommunication equipment especially electronics, a Bank Indonesia survey showed on Friday. December annual retail sales growth was revised up to 11.4…
A French business delegation met the Coordinating Minister for the Maritime Affairs Rizal Ramli to study possible investment in maritime sector in the country. “We received a 20-member delegation of business people grouped in Maritime Cluster from France.…
The Indonesian rupiah strengthened 72 points to Rp12,980 per dollar on Friday evening, compared to Rp13,052 per dollar the day before. Developed countries decision to adopt a zero interest rate policy made the yield less interesting and money market investors…
Taipei, March 12 (CNA) Taiwan’s top financial supervisor, the Financial Supervisory Commission (FSC), has urged financial institutions in Taiwan and Indonesia to open outlets in each other’s country after they signed an memorandum of understanding (MOU) to…
When Indonesia’s first Formula One driver Rio Haryanto makes his debut with the Manor Racing team at the new season on March 20, he is likely to set the hearts of female fans a flutter. The only Asian to be on the starting grid boasts not only a chiselled jaw…
Indian footwear and outdoor gear brand Woodland is planning to open stores in China, Malaysia and Singapore along with franchising its brand in other markets. Woodland is also taking the eCommerce route as part of its expansion, and is hiring social-media…
Japan, the third largest foreign investor country in Indonesia, is showing interest in expanding their businesses in the food sector after seeing progressive developments of the Japanese society in Indonesia.”I have received reports that several Japanese food…
US retailer Charming Charlie has opened its pink doors in the Philippines. And following this Asian debut, the US-based fashion retailer is now eyeing Malaysia, Indonesia, Korea and China for expansion. The company had first expanded in Canada and the UAE…
Vice President Jusuf Kalla inaugurated the Indonesia International Furniture Expo (Ifex) at the Jakarta International Expo Kemayoran on Friday. “I highly laud the efforts to increase the exports of furniture through such an international furniture expo,”…
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