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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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6 Dec 2017

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Latest Indonesia retail stories

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Minjun ParkFinance

Indonesia Bourse May Snap Losing Streak

Ahead of Friday’s holiday, the Indonesia stock market had tracked lower in back-to-back sessions – surrendering almost 120 points or 2 percent. The Jakarta Composite Index now rests just above the 5,950-point plateau, although it may tick higher on Monday as…

garuda indonesia london heathrow
Sarah ChenGeneral

Garuda Indonesia Cancels Flight Due to Lack of Pilots

National flag carrier Garuda Indonesia canceled a flight from Singapore Changi Airport to Soekarno-Hatta International Airport on Sunday due to a lack of available pilots. The plane was scheduled to depart at 10 p.m. Singapore time. Garuda spokesman Ikhsan…

Tidak Liburan Ke Luar Kota Ide Staycation Dan Liburan Di Jakarta Ini Akan Sangat Membantu Kalian
Sarah ChenResearch

Common Myths About Doing Business in Indonesia

Indonesia is a land of great potential. Rich in culture and resources, the world’s largest archipelago offers a wide array of opportunities for lifestyle business as well as the corporate behemoths that have vested interest and flocking to the nation to grab…

Mastercard Hub
Sarah ChenFinance

Banks need to Issue New Cards in Indonesia

With the establishment of the national payment gateway Gerbang Pembayaran Nasional (GPN), banks need to distribute new debit cards that work using the gateway to help their customers reduce inter-bank transaction costs. The debit cards with GPN’s red eagle…

Bitcoin
Maria SantosFinance

Indonesia to Restrict Bitcoin Trading

The list of countries that are hawkish of Bitcoin or outright ban it has something in common: up and coming economies that have just emerged from decades with a large grey sector. Russia is a prominent example, where cryptocurrencies saw years of outright…

shopee
Maria SantosE-Tailing

Shopee giant leaps on its second year

Fast-growing e-commerce platform Shopee has released impressive statistics in marking just its second birthday. Combined annualised GMV from Taiwan and the six Southeast Asian markets where it operates has reached US$5 billion. It has more than 180 million…

hay furniture
Sarah ChenLiving

Hay pop-up by BWI Furniture launched in Jakarta

BWI Furniture has to introduced Danish designer furniture brand Hay to Indonesia. It launched a pop-up store in Pacific Place Jakarta today, running until December 10. Furniture such as chairs, sofas, tables, lamps and bookshelves are available at the pop-up…

vulkan mount agung bali
Aiko TanakaGeneral

Cebu Pacific cancels Indonesia flights due to volcano eruption

Cebu Pacific has announced the cancellation of its flights to and from Bali, Indonesia on Tuesday, Nov. 28. The statement was issued due to the eruption of Mount Agung volcano and the closure of the Ngurah Rai International airport in Denpasar. The affected…

Mt Agung
Wei ZhangGeneral

AirAsia cancels 32 Bali and Lombok flights

Low-cost carrier AirAsia has cancelled 32 flights and rescheduled two others from and to Bali and Lombok following the volcanic activity at Mount Agung in Bali. In a statement, AirAsia said affected passengers would be notified of their flight status and the…

transmart
Rajiv MenonGeneral

Non-retail business dents Metro Holdings

Despite a rugged first half, property development and investment group Metro Holdings has still managed positive results and has formed strategic partnerships in Indonesia. It had a net profit after tax of S$4.6 million (US$3.3 million) despite a net loss…

decathlon maasmechelen1 1024x768
Rajiv MenonFashion

Decathlon Indonesia opens nation’s largest sports store

French sports equipment retailer Decathlon Indonesia has opened its first store, along Alam Sutera Boulevard in Tangerang City. Offering 2000sqm of retail space and 500sqm of community playground, it is the nation’s largest sports store. Before setting up the…

dairy farm holdings
Wei ZhangGeneral

Dairy Farm sales stagnate

Dairy Farm sales were described as “flat” in the third quarter to September 30. The Hong Kong-headquartered company said improved performances in health and beauty, Ikea, restaurants and Yonghui were offset by lower sales in the food and grocery division.…

trade harbour
Sarah ChenGeneral

Indonesia Posts Trade Surplus in October, Third Month in a Row

Indonesia posted a trade surplus for a third straight month in October, the Central Statistics Agency said on Wednesday (15/11), as improved demand for commodities underpinned exports from Southeast Asia’s biggest economy. The trade surplus in October was…

20141210 parkson.jpg article main image
Maria SantosFashion

Parkson Retail Asia 1Q Net Loss Widens On Year As Sales Decline

Parkson Retail Asia has had a lacklustre start to its fiscal year, its unaudited first-quarter figures show. Gross sales proceeds fell by 8.3 per cent year on year to S$202.4 million (US$148.9 million) for the quarter. Total merchandise sales generated $198.1…

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Wei ZhangGeneral

Matahari Wins Bronze in 2017 Retail Asia Pacific Top 500 Award

Matahari Department Store, Indonesia’s largest department store retailer of fashion, beauty and home products, received bronze medals in the 2017 Retail Asia Pacific Top 500 Award in the categories of top department store retailers and top three retailers in…

Retail Academy: Indonesia

Free background guides on how retail works in this market.

  • Indonesia

    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

  • Indonesia

    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

  • Indonesia

    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

  • Indonesia

    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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