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Indonesia Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.

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15 May 2015

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Latest Indonesia retail stories

20150113 PK GPL Evan Robson
Logistics
2 min read

Garuda to open flight to Germany and France

PT Garuda Indoanesia Tbk. plans to open new routes to France and Germany this year to boost its income, Finance Director I.G.N. Askhara Dananiputra stated here on Tuesday. He noted that the routes would become operational between the second and third quarter…

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Electronics
2 min read

Erajaya to Start Making Smartphones in August

Erajaya Swasembada, a listed handset device distributor, is set to launch operations on its assembly plant in East Jakarta by August as part of the company’s plan to start producing mobile phones in a bid to reduce costs from imports amid a projection of…

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Living
1 min read

Indonesia targets higher taxes for imported luxury goods

Indonesia is planning to impose a higher luxury tax for imported retail goods in its latest attempt to dampen domestic consumption in Southeast Asia’s biggest economy, an official at the finance ministry said today. The G20 economy has been struggling to…

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General
1 min read

Matahari Putra Prima’s Q1 Revenue Rises 60% on Larger Gross sales

Matahari Putra Prima — the operator of Hypermart, Foodmart and the Boston Well being & Magnificence retail chain — posted 60 % achieve in revenue within the first quarter, because of regular progress in gross sales. Internet revenue rose to Rp 81.6 billion…

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General
1 min read

Alfaria to Raise Rp 2.5t From Bonds, Private Placement

Sumber Alfaria Trijaya — the operator of Alfamart, Alfamidi, Alfa Express, and Lawson minimarkets — plans to raise Rp 2.5 trillion ($193 million) from selling bonds to the public and from the sale of new shares to affiliated companies, in order to pay back…

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General
2 min read

Lenders’ Struggle for Funding to Continue: S&P

Funding strains among Indonesian banks is likely to persist this year, undermining the industry’s profitability and growth ahead, according to credit rating agency Standard & Poor’s. In a report released last Thursday, S&P estimates lending growth in…

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General
1 min read

Lippo Cikarang Holds Fourth Sakura Matsuri Festival

Lippo Cikarang, an industrial estate developer, held the fourth annual Japanese culture festival Sakura Matsuri, in Maxx Boxx Orange County, an integrated area of commercial and residential development in Cikarang industrial park in West Java. The two-day…

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Electronics
1 min read

Internux Sues Shop for Unlocking Bolt! Modems

Internux, the company behind Bolt! 4G mobile broadband service, is suing Cumi Laut Software Development, a local shop, for allegedly providing unlocking services for the company’s modem devices. Bolt!, which is the first 4G mobile broadband provider in…

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General
1 min read

Matahari Department Store Profit Rises on Robust Sales

Net income at Matahari Department Store, Indonesia’s biggest department store chain, rose by half in the first quarter, on the back of robust sales growth. The company booked Rp 185 billion in profit in the January-March period, up 50 percent from Rp 123…

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Telecom
2 min read

TELIN: Indonesia As A Global Hub For Worldwide Telecommunications

The consortium of submarine cable communication system by the Southeast Asia-United States (SEA-US), which consist of global telecommunications company, announced the commencement of construction of the submarine cable projects that directly connects…

Retail Academy: Indonesia

Free background guides on how retail works in this market.

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    Retail in Indonesia

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