Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.
Tourism Ministry claimed that they will keep adding the number of international flight routes especially from Asia Pacific to Lombok, West Nusa Tenggara. One of the potential markets targeted is South Korean tourists. Tourism Ministry’s Asia Pacific deputy…
Indonesia’s PT Telkom has entered a two-year strategic partnership with Japan’s Fujitsu to pursue the co-creation of businesses utilizing the IoT and other digital technologies and leveraging Telkom’s network infrastructure. Under the collaboration, the…
Konecranes won a contract for the delivery of an Automated RTG (ARTG) system to a new customer, PT Prima Multi Terminal, a subsidiary of PT Pelabuhan Indonesia I. The ordered ARTG system includes eight ARTG cranes with associated software, interfaces and…
Respondents to the Pwc 2017 Indonesia Banking Survey reveal that 52% of Indonesian banks see technology as the main driver of bank transformation over the next 3-5 years. Respondents say that e-banking is their top investment priority. Surveyed banks also…
Qualified and trained human capitals is an important aspect for Bank Central Asia, also known as BCA, in maintaining competitive advantage and in supporting business strategy. BCA constantly strives to improve human capital through a range of effective…
Modaluku, a peer-to-peer (P2P) lending platform in Indonesia, has announced the launch of its mobile app for alternative investment. The app, named Modalku, offers more ease and practicality for lenders. All activities, beginning from sign-up to crowdfunding…
A luxury cruise ship line Princess Cruises will bring more than 60,000 foreign tourists to experience the natural charm and culture of Indonesia. During the 2017-2018 holiday season, Princess Cruises will offer exciting travel plans to Bali, Lombok, Komodo…
Jakarta shopping malls are still a promising business despite online retailing becoming more popular, says US real-estate service company Colliers International Group. It says the reason for this is a lack of entertainment options for family holidaymakers in…
Indonesia’s stunning beaches, mountainscapes and jungles are by no means a well-kept secret, but tourism has largely been confined to the established resort island of Bali, or the glittery malls of Jakarta. But now, under the leadership of Minister of Tourism…
Property mogul turned President of the United States Donald Trump has a lot on his plate, but that hasn’t stopped him from setting his sights on a six-star resort development in the Tabanan Regency of Bali. Much like the man himself, the development remains…
Bank Mandiri, Indonesia’s largest state-owned lender, on Wednesday said it is seeking to establish a private banking business in Singapore. The move comes amid a global crackdown on tax evasion that has exposed vast Indonesian wealth parked in the city-state.…
Facebook has received an in-principle approval to set up a domestic unit in Indonesia, said a senior government source from the Southeast Asian nation, home to the social networking giant’s fourth-largest user base. Indonesia has been pushing multinational…
The closure of global convenience chain 7-Eleven in Indonesia underlines the tough economic and regulatory landscape that could deter future investors from taking over the iconic brand’s franchise in Southeast Asia’s biggest economy. The publicly listed PT…
Indonesia’s Telkomsel has completed Indonesia’s first FDD-LTE massive multiple input multiple output (Massive MIMO) field trial in collaboration with ZTE. The achieved a nearly four-fold increase in data throughput compared to existing 2×2 MIMO FDD-LTE…
Axiata Group and iflix, a subscription video on demand service provider, have inked a non-binding Memorandum of Understanding (MoU) relating to the expansion of their strategic collaboration to provide entertainment to Axiata’s more than 125 million customers…
Indonesias finance minister Sri Mulyani said here on Thursday that Singapore was ready to provide information about the financial data of Indonesian citizens as part of the implementation of Automatic Exchange of Information (AEOI) program for tax purposes.…
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