Robocash Group announced the launch of sharia compliant service Penyaluran Dana Syariah (PDS), which is a sharia compliant funding facility. The service has been developed from the ground up in partnership with the financing company Reliance Finance and close…
Indonesia’s XL Axiata has awarded Ericsson a contract to contribute to the deployment of the operator’s planned 5G ready transport network. Under the expanded partnership, Ericsson will provide 5G ready routers for the rollout over the next three years,…
Reit Lippo Malls Indonesia Retail Trust (LMIRT) plans to buy Lippo Mall Puri in West Jakarta for US$261.6 million. LMIRT Management, which runs LMIRT, said in a statement it has entered into a conditional sale-and-purchase agreement for the 115,600sqm mall,…
Following Garuda Indonesia’s recent decision to lower its ticket prices for flights connecting Jakarta and Palembang, South Sumatra, the country’s largest low-cost carrier, Lion Air Group, announced a promotional program called #liburanmakinmurah (vacationing…
Lazada is boosting its cross-border operations for international brands and merchants to after its cross-border sales quadrupled over the last three years The Alibaba-owned company says it plans to bring onboard more quality international brands and will…
Asia Aviation Capital Ltd (AACL), the aircraft leasing unit of AirAsia Group Bhd, has acquired four newly incorporated companies in Ireland. AirAsia said in a stock exchange filing that AACL — its indirect wholly-owned subsidiary — had acquired the entire…
Indosat Ooredoo has contracted Nokia to upgrade the Indonesian operator’s IP/MPLS network to meet fast-growing demand for fixed and mobile broadband services. Indosat Ooredoo is deploying a 100GbE IP/MPLS network as part of a three-year network transformation…
Malaysia’s Celcom Axiata has formed a partnership with Indian video content provider ZEE5 and telco API ecosystem provider Apigate to offer access to the ZEE5 content portfolio to its subscribers. Under the three-way agreement, Celcom will use Apigate’s…
Indonesia’s national carrier Garuda and Go-Jek are in talks for a partnership that will make it easier for the ride-hailing and e-commerce app to move goods to customers within the 17,000 islands of the sprawling Southeast Asian archipelago. Garuda chief…
Mini-mart chain Alfamart will open 200 new stores in the Philippines next year, according to a Fitch Ratings report. It said Alfamart Philippines stores already has 400 stores in the country, of which 180 were opened this year in partnership with local…
Singtel Group and Malaysia’s Axiata Digital have signed an agreement to collaborate in the areas of mobile financial and digital services to promote the growth of the ASEAN digital economy. Under the agreement, Axiata Digital will join Singtel’s cross-border…
AirAsia has withdrawn its tickets from Traveloka. The move follows an incident in which the low-cost airline’s flights were unavailable on the sites of several online travel agents, namely Traveloka and Tiket.com. “As a group, AirAsia has discontinued the…
Malaysian palm oil prices are set to hold steady in 2019 at an average of RM2,303 a tonne, according to estimates by the Malaysian Palm Oil Council (MPOC), while global output of the tropical oil is expected to rise by 3 million tonnes. “Global palm oil…
PT Bank Maybank Indonesia Tbk’s (Maybank Indonesia) profit after tax and minority interests (patami) for the financial year ended Dec 31, 2018 surged 21.6% to a new high of Rp2.2 trillion (RM640 million) on the back of higher net interest income (NII) and…
Singapore online fashion market Zilingo has achieved capital investment of $226 million in a Series D funding round. The investments were made by the firm’s existing backers, including Sequoia Capital, as well as newcomers Temasek Holdings and EDBI, and will…
Indonesian retail sales posted solid growth in December, according to a central bank survey. According to the data release, December sales grew at 7.7 per cent throughout the territory, a significantly faster rate than shown in figures from the year previous,…
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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