Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.
Indonesia will partner with Alibaba chief executive Jack Ma to look into ways to use of the e-commerce giant’s ecosystem to increase its exports, particularly to China, Communications Minister Rudiantara said on Sunday. “We are also discussing how to work…
Japanese apparel retailer Uniqlo has announced plans to open its first store in Bali this year. The new store will be located at Mal Bali Galeria in the heart of Kuta city centre on Bali island. It will feature a total sales area of nearly 2000sqm. Satoshi…
Group Bhd wants CAE to train about 400 cadet pilots to support its growth in the various markets it operates over the next five years. The first batch of cadet pilots will begin training in the second half of the year for a 18-month competency-based…
Grab will invest US$250 million (RM1.025 billion) in Indonesian startups over the next three years through its newly launched innovation arm, as the ride-hailing firm aggressively pushes to cement its position in the Southeast Asia’s largest economy. The…
As soon as the final whistle blew in Vietnam’s victorious Asian Games quarterfinal game, Indonesia tour prices rose. Vietnam’s first ever semifinal game in the Asian Games will be played against defending champions South Korea on Wednesday, August 29, at the…
President Joko “Jokowi” Widodo may import 2 million tons of rice this year, falling short of fulfilling his 2014 presidential campaign promise of rice self-sufficiency. Since 2015, Indonesia has imported 3.35 million tons of rice. This year the imports are…
Nickel miner Laman Mining is suspected of illegal bauxite mining operations, disrupting orangutan habitat in West Kalimantan’s Tulak River forest. The Ministry of Environment and Forestry raided the company’s sites in Puring and Kempapakon on Aug. 20, finding…
The 2018 Asian Games captured the attention of many Indonesians, who are currently glued to their television screens to watch matches, or flock to sports venues to catch a glimpse of their heroes. The live television broadcast of the opening ceremony in…
Indonesia will release a list of goods subject to higher import taxes in the next few weeks, ministers said on Friday (24/08), part of efforts to shrink a widening current account deficit and curb pressure on its shaky currency. The rupiah on Friday slipped…
Pertamina Exploration and Production, the exploration arm of state energy firm Pertamina, announced on Thursday (23/08) a discovery of a new gas, oil and condensate reserve in West Java. The company, known also as Pertamina EP, found the reserve while…
Japanese apparel giant Fast Retailing is eyeing massive expansion in Asia-Pacific. The Uniqlo Southeast Asia and Oceania store network is set to double by 2022 to about 400 stores, Fast Retailing’s group senior VP Satoshi Hatase said in an interview. The…
The Australian government expects to seal free-trade agreements with Indonesia and Hong Kong by the end of this year, its trade minister said on Friday. Concluding the two agreements would wrap years of talks, which in the case of Indonesia have dragged on…
President Joko “Jokowi” Widodo said his government will continue its efforts to reduce income inequality in Indonesia, following encouraging results in overcoming wealth disparity over the past few years. “Economic justice is a serious concern for us,…
Integrating with digital platforms will enable Indonesian brick-and-mortar retailers to better engage with customers, who are increasingly shifting their spending from goods to experiences. “In Indonesia right now, our retailers underperform… because our…
Go-Jek, Indonesia’s first billion-dollar startup, is “extremely close” to achieving profitability in all its segments, except transportation, its founder and chief executive, Nadiem Makarim said. Launched in Jakarta in 2011, Go-Jek – a play on the local word…
PT Bank CIMB Niaga Tbk (CIMB Niaga) posted a net profit of 1.8 trillion rupiah (RM504.3 million) in the first half of 2018 (1H18), representing a 28.1% year-on-year (y-o-y) growth, which translates into an earnings per share of 70.54 rupiah. The improved net…
Free background guides on how retail works in this market.
Indonesia
Around 280 million people, thousands of inhabited islands, dominant convenience and warung trade, and import rules that stop first shipments at the port.
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