The Indonesian Automotive Manufacturers Association (Gaikindo) chairman Jongkie Sugiarto said on Tuesday that the association had long lobbied the Finance Ministry to reduce the luxury tax on sedans. He said the cut in luxury tax for sedans from 30 to 10…
The deal, which is expected to be completed in the fourth quarter of 2017, implies RMPP will become the new holding company of Indonesia AirAsia. Currently, AirAsia Bhd controls a 49 percent stake in Indonesia AirAsia as foreign ownership in Indonesian…
Asian carriers Vietnam Airlines and Garuda Indonesia have agreed to an extended partnership including more codeshares and working together on MRO (maintenance, repair and operations) operations. The CEOs of the two Skyteam members signed a memorandum of…
Just days after its parent company announced an exit from Indonesia, 11street Malaysia says it is confident of its long-term growth prospects. 11street is effectively the online business unit of giant Korean telco SK Telecom, which last week said it was…
Indonesia has the biggest and fastest growing online retail sector in Southeast Asia, according to Research and Markets. In this environment, RTB House, a provider of retargeting technology for advertisers, anticipates that Indonesia’s e-commerce players will…
Vietjet today announced the launch of a new international route connecting Ho Chi Minh City with the Indonesian capital of Jakarta. The announcement ceremony was witnessed by high-ranking dignitaries from Vietnam and Indonesia on the official visit of His…
Alibaba Group has led a $1.1 billion investment round for financing into Indonesia’ Tokopedia to become a minority shareholder. A number of undisclosed existing Tokopedia investors also participated in the round, the Chinese e-commerce giant said. “We have…
AirAsia, a Malaysian low-cost airline with a branch in Indonesia, made its first Jakarta-Macau flight on Aug. 7. Transportation Minister Budi Karya Sumadi has welcomed the new route, saying it will also reinforce Indonesia’s tourism sector. “We will continue…
AirAsia Group’s CEO and co-founder Tan Sri Tony Fernandes has announced that the company had appointed noted actress Raline Shah as a new director of PT Indonesia AirAsia. Fernandes announced Raline’s appointment through his private Instagram account on…
Fast Retailing Indonesia is reaching out to new markets with the impending opening of two Uniqlo fashion stores in Surabaya, East Java. The Japanese retail giant’s expansion to the provincial capital adds to the 11 Uniqlo stores already in Indonesia. Fast…
Indonesia’s Ministry of Tourism and AirAsia have announced a collaboration in marketing in terms of brand advertising, promotional activities and activations across various touch points including, digital, print, radio, in-flight branding, consumer selling…
Indonesia is experiencing a salt crisis. This is very strange because Indonesia has easy access to the sun, sea, and coastlines more than most countries in the world. In fact, we know, that just by evaporating seawater that depends on the three components,…
XOX Bhd has inked a MoU with an Indonesian telco and an Islamic organisation to develop and deploy its Voopee solution – which is a SIM-free application for smartphoneswhich allows the user to call and text non-Voopee phone numbers. XOX said on Friday it unit…
The low production of sugar which cannot meet the large demand of sugar consumption in Indonesia caused by inefficient processes initiates the INAGRITECH 2017 to present its premier sub-event named SugarMach Indonesia 2017. SugarMach Indonesia 2017 is the…
Singaporean start-ups eyeing the Indonesian market can now look to a new innovation hub in its capital. Block71 Jakarta, a 1,500 sq m facility in the Kuningan district, officially opened its doors yesterday to 24 businesses from both countries. Operations had…
Malayan Banking Bhd’s (Maybank) Indonesian unit PT Bank Maybank Indonesia Tbk (Maybank Indonesia) posted a 16.3% year-on-year (y-o-y) rise in profit after tax and minority interests (Patmi) to 998.5 billion rupiah (RM320.7 million) for the first six months…
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.
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