Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.
A fintech specialized in solving debt problems of consumers and business owners has launched its services in Malaysia, a country whose total overdue consumer loans is second highest in Southeast Asia. Indonesian Fintech amalan International announced on…
Online sales in Malaysia and Indonesia are set to boom in the lead up to – and during – Ramadan, according to an analysis by advertising platform Criteo. Based on data from last year’s festival – which ran from May 15 to June 14, consumer activity typically…
Following a successful Series B funding round, SME lending platform Validus Capital is launching in Indonesia. SME lending platform Validus Capital has launched in Indonesia, its first Southeast Asian market outside its home country of Singapore, the firm…
New-age airline Vietjet is giving people more reason to travel with the announcement and addition of its newest international route connecting the biggest city of Vietnam, Ho Chi Minh City with Bali (Indonesia). The first and only airline to operate this…
Indonesian retail sales surged 9.1 per cent in February – a rate higher than anticipated. The growth rate appeared to be driven by shoppers splurging on Lunar New Year celebrations as well as an increase in apparel sales during the month. February’s rise…
Indonesia’s FiberStar has signed an agreement with Huawei to jointly expand high-speed fiber network services in the market. FiberStar recently partnered with Huawei to build a 1Tbps backbone DWDM network linking Jakarta with Surabaya. The network consists of…
Entrepreneur Amelia Fransisca has been appointed master franchise holder for Khun Thai Tea Indonesia. Fransisca, who has a 10-year tenure in the foodservice industry, said she chose Khun Thai Tea for its novel, fresh taste despite its low sugar content…
Indonesia’s PT Telkom has announced that its subsidiary in Singapore has secured certification that will allow it to serve a wider range of clients in the financial sector. Telin Singapore has completed an Outsourced Service Provider Audit Review (OSPAR)…
Airlines under the Lion Air group, namely Lion Air, Wings Air and Batik Air, operate with reduced airfares on all routes starting Saturday. “The reduction in ticket prices is Lion Air group’s answer to challenges and opportunities in the travel business, and…
Nam Air, a subsidiary of Sriwijaya Group, has announced a plan to apply the boutique airline concept, which mainly focuses on lifestyle branding. The carrier aims to make itself more appealing for customers of the millennial generation by delivering what it…
New entrants and increased competition brought about by challenger banks could result in revenue losses of up to 30 percent among legacy banks over the next 10 years. While digitalization can lower costs for incumbent banks by 30 to 50 percent, new…
The German lender hires a new head from Siam Commercial Bank to fill the position left vacant since 2018. Deutsche Bank (DB) will get a new head for its Thailand operations in May, with the appointment of Pimolpa Suntichok as chief country officer and head of…
Japan’s NTT Docomo and Indonesian tower provider PT Solusi Tunas Pratama (STP) have commenced a trial in Indonesia involving the use of drones to inspect telecom towers. During the pilot of the Docomo sky for Tower Inspection service, the companies will use…
Vibrant stationery retailer Smiggle is expanding within Asia following a record global performance reaching 34.8 per cent sales growth in the territory. Brand owner Premier Investments will be pushing Smiggle in South Korea, Thailand, Indonesia, and the…
Tealive parent Loob Holding, is planning an IPO to fund ‘aggressive expansion’. The company is looking to open 1000 Tealive stores in 15 countries by the end of next year. Along with another 150 new outlets in India by 2024. China is still its focus market,…
Breaking news coming from Jakarta that Garuda Indonesia has canceled their order for 49 Boeing 737 MAX placed a few years ago. This comes after two disastrous 737 MAX crashes and a worldwide grounding of the aircraft for safety reasons. Garuda operates over…
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