Diageo is still selling its regular brew in large supermarkets and restaurants where sales have not been curbed, but has invested around $1m thus far to launch Guinness Zero and is planning a new facility to produce the drink locally. “We already had plans to…
Balis Ngurah Rai Airport recorded a 45 percent increase in international passenger arrivals three days prior to the Christmas and New Years holidays. “The number of international passengers rose to 13,938, or 45 percent, compared to the same period last…
Indonesian flag carrier Garuda Indonesia has received a Transportation Safety Award (TSA) from the Transportation Ministry. Transportation Minister Ignasius Jonan said that the award is given to encourage transportation companies to improve passenger safety.…
The 2-day conference and exhibition focuses on both learning and the evaluation of technologies, products and services to help retailers in establishing and growing their online strategies. Ever wonder why many would consider Indonesia as a good prospect to…
JNBY, a big Chinese fashion retailer, now has its shingle hanging at Pacific Place mall. The brand has more than 700 stores, mostly in China, but some in Europe, Asia and Canada. Its store here is being heralded by SightClassic LLC, the Seattle retailing…
The Indonesian rupiah closed stronger at Rp13,774 per dollar in the Jakarta interbank market on Monday evening, up 143 points from the previous close of Rp13,917 per dollar. The rupiah strengthened against the US dollar as uncertainty about the money market…
Scandal-plagued Japanese manufacturer Toshiba Corp. is cutting 6,800 jobs after projecting a net loss of 550 billion yen ($4.5 billion) for the fiscal year through March 2016.Toshiba said Monday it will slash the jobs in its personal computer, video product…
Google has launched a new accelerator programme that will provide funding, mentorship and training to mobile startups in Brazil, India and Indonesia, three growing markets of the world. Up to $50,000 will be given in equity-free funding, said Roy Glasberg,…
For Indonesia’s national carrier, 2015 has been a year to forget. Shares of PT Garuda Indonesia are heading for their biggest-ever annual drop, overseas debt costs are rising and flights have gotten disrupted by forest fires and an erupting volcano. Timothy…
Indonesian authorities backed down on Friday (Dec 18) from attempting to enforce a ban on ride-hailing apps and motorbike taxis after the move sparked online fury in a country where millions rely on the services. Transport Minister Ignasius Jonan announced on…
Social networking company migme has announced the acquisition of two Indonesia-based companies, while finalising a $3.5 million convertible note issue. migme announced today the purchase of social news site Hipwee Media Solutions and Shopdeca, which operates…
With natal and tahun baru fast approaching, Bali’s Ngurah Rai Airport has received a list of 180 extra flights destined for Bali. The statement was disclosed by the General Manager of Angkasa Pura I Ngurah Rai Airport, Trikora Harjo. “The flights will account…
Go-Jek, the $100 million Indonesian start-up which provides an Uber like service with motorbikes has just been made illegal. Indonesian media is reporting that the Ministry of Transportation has asked local police to take action against the operators of…
PT XL Axiata, the most indebted of Indonesia’s listed wireless carriers, is considering raising as much as US$500mil next year, people with knowledge of the matter said. The company, a unit of Malaysia’s Axiata Group Bhd., is weighing several fundraising…
The national flag carrier Garuda Indonesia will strengthen its position in the medium-haul flight market in 2016, with a travel time of five to seven hours, according to its President Director Arif Wibowo. “The current market situation does not allow us to…
President Joko Widodo is scheduled to conduct the groundbreaking for the Rotiklot dam development project in West Timor during his visit to the region on December 20 and 28. The event is very important as the Rotiklot dam will be the third-largest after…
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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