Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.
A supermarket selling Indonesian products was opened in the Messaieed City, located around 40 kilometers from Doha, Qatar. The Indonesian supermarket, called KWIQ Supermarket, was officially opened to the public on June 17 by Indonesian Ambassador to Qatar…
The holy fasting month of Ramadan is a special time in Indonesia, with nightly celebrations and long days of devout reflection for Muslims and discrete respect from non-Muslim expats and locals. Although for bosses and managers, the month can be a time of…
The Financial Service Authority (OJK) has formed two new directorates as a response to financial technology (fintech) development. OJK deputy chief commissioner Rahmat Waluyanto said that the two new directorates are Digital Financial Innovation Unit and…
After suffering US$89.49 million in losses during the first quarter of the year, PT Garuda Indonesia is poised to see a recovery in the second quarter, especially in the June and July months that encompass the Idul Fitri holiday. Garuda Indonesia president…
The Philippines and Indonesia are set to ink an agreement this weekend to open up the banking industry aimed at greater financial integration and economic development among members of the Association of Southeast Asian Nations (ASEAN). Bangko Sentral ng…
Alphabet’s Google has made an agreement with Indonesia for 2016 after a long-standing dispute over charges of insufficient annual payments to the government. The latest settlement figure has been estimated using a new method which will finally conclude to…
The Indonesian government is predicting that the recent severing of ties between several Arab countries and Qatar would deal a blow to the archipelago’s tourism industry, with 50,000 expected tourists not showing up because of the crisis, a senior official…
Indonesians can now purchase US-made Tesla Model X electronic luxury cars with price tags starting from US$200,000. Prestige Image Motorcars, the sole Tesla motor car distributor in Indonesia, began exhibiting one of the cars at its showroom in Pluit, North…
Ranked 89 globally, India’s average internet connection speed of 6.5 Mbps is slower than Vietnam and Indonesia, which are much faster, a report said on Friday. While Vietnam, ranked 58, had an average internet speed of 9.5 Mbps, Indonesia at rank 77 provided…
The Agriculture Ministry has targeted to achieve self sufficiency in garlic in 2019, sooner than its previously set target of 2033, Agriculture Minister Amran Sulaiman stated here, Monday. Sulaiman noted after the delivery of the Supreme Audit Agency Report…
The Governor of Bank Indonesia Agus Martowardojo projects year-on-year inflation rate in 2017 of 4.36 percent, an increase compared to late 2016 of 3.02 percent, mostly attributable to pressure from administered prices. Agus said yesterday that the projection…
The Financial Services Authority (OJK) plans to expand banking access to the Philippines by signing a Letter of Intent (LoI) with the countrys central bank, Bangko Sentral ng Pilipinas (BSP). The cooperation will pave way for access to some Indonesian banks…
Motorcycle sales in Indonesia rose 15.2% in May from a year earlier, data from an industry association showed on Monday. These sales are also the highest growth rate since August 2014. Sales stood at 531,496 motorbikes in May, up from 461,506 sold in the…
State-owned Bank Mandiri is lending Rp1.5 trillion to Indonesia Infrastructure Finance (IIF) to help the non-bank financial institution support the acceleration of infrastructure development in Indonesia. IIF president director Arisudono Soerono said the loan…
The Public Works and Public Housing Ministry (PUPR), in cooperation with Bank Indonesia, will establish an electronic toll collection (ETC) consortium to set up a non-cash payment system on toll roads, which is targeted to operate thoroughly in Oct 2017. The…
Afghanistan has expressed interest to import Indonesian products. Indonesia and Afghanistan have already establish trade relations covering finished products albeit at a relatively small amount. Industry Minister Airlangga Hartarto said that the government…
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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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