“Indonesia is currently the driver of Courts’ growth. Since we first entered Indonesia in 2014, we now operate two megastores and three regular outlets. We aim to open twelve more outlets by 2018. This is our commitment in catering to the demands of…
On 19-20 January 2016, Internet Retailing Expo successfully launched its first edition in Jakarta. Indonesia was chosen to host the event due to the potential of country’s consumer market and an online market that is ready to take-off. The two-day conference…
Here’s how bad it is in Southeast Asia’s retail industry for sellers. They are paying more to borrow money to keep their business going than consumers do to keep buying from them. Courts Asia Ltd., which offers shoppers zero percent long-term credit on…
Starbucks Indonesia has reopened stores today after yesterday’s terror attack on one cafe in downtown Jakarta. In a statement, Starbucks head office in Seattle said it was “deeply saddened by the senseless act” that took place in Jakarta. “Our hearts are with…
French smartphone vendor, Wiko Mobile, will release its latest product in Indonesia this Friday. The product dubbed Pulp Fab is expected to enliven smartphone sales competition at the beginning of the year. Chief Sales Officer Wiko Mobile Indonesia Sung Khiun…
Indonesia retail sales rose 10.2 per cent year on year in November, according to data from Bank Indonesia. The rise followed a lesser 8.7 per cent growth in October, a figure revised downwards by 0.1 per cent this week. But the bank predicts weaker growth in…
Dwi Iskandar, chairman of Bali Indonesian Fashion Chamber (IFC), said that the fashion business in Indonesia is expected to grow by 20 to 30 percent in 2016. “We believed that [2016] is better than last year. We also hope our members will use Balinese…
The Kertajati airport project in West Java will cost around Rp3.7 trillion, to be paid by the central governmernt West Java Governor Ahmad Heryawan said. The central government through the transport ministry will finance the construction of the international…
CIMB Group will not undertake any more job cuts in Malaysia and Indonesia in 2016 after last year’s mutual separation scheme exercise. CIMB Group chief executive Tengku Zafrul Aziz said the bank was now focused on improving productivity and meeting its…
Foreign investors have had their eyes on Indonesia’s movie theater business for quite some time now. According to the information collected, there are investors from South Korea, Germany, Britain, and India that have made approaches; expressing their desire…
Tourism Minister Arief Yahya said the Indonesian tourism had returned to normal and recovered 100 percent after the terror acts and bomb explosions in Thamrin Boulevard in Central Jakarta last Thursday. He said that Jakarta, particularly area around Thamrin…
Following the highly successful introductions of their first 3 flagship store locations in Beijing, Shanghai and Seoul, South Korea, OGIO International announces the opening of its first retail store in Jakarta, Indonesia. The Jakarta location officially…
If Netflix wants to obtain a but, the company must obey local regulations, such as opening an office and hiring employees. Furthermore, it must also obey tax regulations, which means every transaction with Netflix in Indonesia will be taxed. According to…
Minister of Foreign Affairs Retno Marsudi received her Singaporean counterpart Vivian Balakrishnan at the Foreign Affairs Ministry building in Jakarta today, January 13. This meeting between the two ministers is their second after the ASEAN Summit in Kuala…
German company Siemens Energy Sector is studying the possibility of taking part in the governments program in the electricity sector. The government has a program to build power plants with a total capacity of 35,000 megawatts until 2019. Member of the board…
The Ministry of Tourism has mapped Komodo Island as one of the 12 major marine tourist destinations in Indonesia. The other destinations included in the list are Wakatobi in Southeast Sulawesi, Derawan in East Kalimantan, Raja Ampat in Papua, Nias in North…
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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