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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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22 Mar 2019

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Latest Indonesia retail stories

ericsson
Sarah ChenTelecom

Ericsson to supply gear for XL Axiata’s 5G transport network

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,…

Lippo mall
Aiko TanakaReal Estate

Lippo Mall Puri in West Jakarta sells

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,…

Thai Lion Air
Rajiv MenonGeneral

Lion Air offers discounted flight tickets from Jakarta to Medan

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 ID scaled
Maria SantosE-Tailing

Lazada Excels cross-border business across Southeast Asia

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…

Airasia CEO
Maria SantosGeneral

AirAsia buys Irish leasing units; Citilink Indonesia bid rejected

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…

Ooredoo Myanmar celebration gala Image 4
Aiko TanakaTelecom

Indosat Ooredoo picks Nokia for IP/MPLS upgrade

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…

xl axiata
Minjun ParkTelecom

Celcom Axiata enters partnership with ZEE5

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…

Alfamart 121218
Minjun ParkLiving

Alfamart Philippines opening 200 new stores this year

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
Minjun ParkTelecom

Axiata Digital joins Singtel’s cross-border m-payment alliance

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 scaled
Rajiv MenonGeneral

AirAsia withdraws flight tickets from Traveloka

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…

palm oil
Sarah ChenFinance

Palm oil prices to remain steady in 2019: MPOC

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…

maybank
Maria SantosFinance

Record earnings for Maybank Indonesia

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…

ecommerce fashion
Minjun ParkE-Tailing

E-commerce firm Zilingo bags US$226m in funding

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…

indonesia traditional market
Minjun ParkGeneral

Indonesian retail sales experiences rapid growth

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.

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    Retail in Indonesia

    Around 280 million people, thousands of inhabited islands, dominant convenience and warung trade, and import rules that stop first shipments at the port.

    Asia Market Guides · 12 min read

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    Consumers in Indonesia

    Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Indonesia.

    Asia Market Guides · 8 min read

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    Last mile in Indonesia

    How last-mile delivery works in Indonesia, what drives cost per drop, and how to set a service promise you can keep.

    Asia Market Guides · 8 min read

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    Malls and rents in Indonesia

    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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