Maritime Affairs and Fishery Minister Susi Pudjiastuti hoped that the visitors and prospective buyers of fishery products at the seafood exhibition in Boston, the United States, would recognize the progressive market and potential of Indonesia. “With our…
Indonesias Tourism Ministry promoted “Wonderful Indonesia” brand on the sidelines of the Fifth Extraordinary Summit of the Organization of Islamic Cooperation (OIC) held at the Jakarta Convention Center on March 6-7. The ministry extended support for…
KerjaDulu, an Indonesian social recruitment portal for job seekers and employers, today announced a strategic investment from local media conglomerate MNC Group. The startup said its post-investment valuation is at $5 million, but did not disclose other terms…
Indonesia is the latest country to question the tax arrangements of the world’s internet giants, issuing a threat to block their services if they fail to comply with local set-up requirements and pay tax. “All have to create a permanent establishment, like…
South Korean confectionery manufacturer Lotte Group is planning an eCommerce joint venture with one of Indonesia’s largest conglomerates, the Salim Group, within the next few months with the aim of being up and running by early next year. This follows a new…
A Korean outdoor brand has opened a store in Bali, its third store in Indonesia. Mountia, owned by Dongjin Leisure, opened stores in Jakarta and Puri last year, with its latest outlet being in Parkson Department Store, in Bali’s Discovery Shopping Mall. A…
As a first step toward growing its international presence, Indian fashion brand Wildcraft has launched into the Middle East and Southeast Asia. It has formed partnerships for its foray into the UAE, Oman and Muscat markets, and online partnerships for Hong…
Email and digital marketing startup Ematic Solutions has raised a pre-series A round of close to US$1 million, it announced today. The funding comes from MDI Ventures, a venture capital fund backed by Telkom Indonesia, the country’s major telco. The…
Indonesia plans to close down all red-light districts in the country by 2019, media reports said on Wednesday.The plan, under the supervision of the Indonesian Social Affairs Ministry, looks to shutting down a total of 168 such prostitution zones in the…
The Indonesian government plans to block over-the-top (OTT) applications that fail to meet the state regulation on permanent business entities. Rudiantara, Minister of Communication and Informatics, said his department is finalizing a bill related to the…
As Sumatra, Borneo and Sulawesi plunge into darkness during a rare total solar eclipse on the morning of March 9, 2016, Panasonic will deliver a live broadcast of the approximately 4-minute-long phenomenon from Ternate, an island in eastern Indonesia, using…
Facebook Inc. co-founder Eduardo Saverin, who’s been stepping up his investments in Southeast Asian technology startups, joined a $15 million round of financing for Indonesian e-commerce startup Orami. Other investors included the technology-focused…
Malaysia Venture Capital Management Berhad (MAVCAP) held a meeting with the Indonesian Chamber of Commerce and Industry to talk about e-commerce. With the revision of negative investment list, it is expected to facilitate the state’s investment towards…
South Korea’s retail conglomerate Lotte Group said Sunday that it plans to form a joint e-commerce venture with Indonesia’s biggest conglomerate Salim Group to grab a pie of the rapidly growing e-commerce market in Indonesia. According to Lotte Group, its…
Indonesian retailer Hero Supermarket on Wednesday said it will sell its poorly performing Starmart convenience store business to local food conglomerate Wings Group. Hero is selling about 80 Starmart outlets to Fajar Mitra Indah, a unit of Wings Group and the…
Local brands are a focus of a new eCommerce fashion venture in Indonesia. Part of the PT Media Nusantara Citra Group (MNC), BrandOutlet features fashion and beauty collections for women, men and children, reports the Jakarta Post. Not to be confused with the…
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.
Asia Market Guides · 8 min read
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