Citra Langgeng Otomotif, Indonesia’s authorized Ferrari distributor, is optimistic about its sales prospects this year as it continues to strengthen its presence within its specific target market, which has remained relatively immune to the sluggish growth of…
Automobile imports in Việt Nam plummeted in the first month of 2018, also the time before Tết (Lunar New Year) holiday. Only 337 cars of all kinds were shipped to the country, according to data of the General Department of Customs. Of the imports, there were…
South Korean cosmetics company Nature Republic opens its first outlet in Indonesia. Nature Republic speeds up to expand overseas market. The store is in a Jakarta shopping mall and registered 100 million won (US$94,000) in sales on its pre-opening day, the…
Confidence in cryptocurrency markets may have taken a major hit in recent weeks, but the same cannot be said of the value of the technology it relies on – the blockchain. Bitcoin’s price plunged this week to less than US$11,000, from almost US$20,000 in…
Indonesia and Singapore have agreed to boost cooperation in investment and vocational education, especially in the industrial sector, with Indonesia offering the development of three industrial estates to Singapore. Indonesia’s Minister for Industry Airlangga…
Consumer goods giant Unilever said on Friday (16/02) it had laid bare its entire palm oil supply chain, including all the suppliers and mills it sources from, to boost transparency in a rare industry move. Unilever said it was the first consumer goods company…
The government must prepare Indonesia’s workforce to be competitive to anticipate future challenges associated with coming technological advancements, especially in business, a former deputy foreign minister said on Sunday (18/02). The 4th Industrial…
Indonesia posted a $670 million trade deficit in January as increased exports were offset by higher imports of raw materials by manufacturers, the Central Statistics Agency, or BPS, reported on Thursday (15/02). The deficit is the highest since April 2014,…
Soekarno-Hatta International Airport, Indonesia’s largest and busiest hub near Jakarta, by June will move all international flights to Terminal 3. The terminal was opened in August, after three years of construction works to expand it, which cost Rp 7…
Aidijuma Colors Group of Companies — which owns the popular Malaysian ‘Bawal’ hijab range under the Aidijuma label — together with its modest wear e-commerce site Hijup have acquired a majority stake in UK-based modest fashion and e-commerce company Haute…
Indonesia has inked a billion-dollar deal to buy 11 Sukhoi Su-35 jets from Russia, an official said Saturday. The contract, signed by both countries’ representatives in Jakarta on Wednesday, is worth a total US$1.14 billion (RM4.43 billion), Indonesia defence…
DHL Global Forwarding, the leading international provider of air, sea and road freight services, has appointed Skerry Palanga as Country Manager, Papua New Guinea. With the appointment, Palanga will lead and manage the country’s operations and be responsible…
Indonesia AirAsia added two new Singapore (SIN) services from Medan (KNO) and Padang (PDG) on 9 February. The 621-kilometre Medan link and the 472-kilometre Padang connection will both be served with daily flights operated by A320s. The LCC faces incumbent…
Iruna eLogistics, a logistics startup company, plans to open two new fulfillment centers in Surabaya and Medan by the end of this year as part of its rapid expansion to provide back-end logistics services to Indonesia’s small and medium-sized enterprises.…
Bank Indonesia is currently preparing a roadmap of regulations for financial technology, or fintech, products in an effort to support the rapid change of the global financial system in the digital era, the central bank’s official said on Thursday (08/02).…
AirAsia Indonesia, a budget carrier based in Tangerang, Banten, announced on Friday (09/02) it has opened three new routes, two international and one domestic, to tap into the increasing demand for air travels. The carrier, an affiliate of Southeast Asian…
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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