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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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1 Jun 2017

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Latest Indonesia retail stories

indonesia bali dancers
Aiko TanakaLiving

Indonesia Offers Ease of Business in Tourism Sector

The Indonesian Government provided a guarantee in the ease of business for the investors who plant their assets in special economic zones. In the tourism sector, Tourism Minister Arief Yahya explained that the government plans to restore a number of…

Banking
Sarah ChenFinance

Indonesia’s Salim Group Re-enters Banking with Local Takeover

Indonesia’s largest conglomerate, Salim Group, has acquired a majority stake in a local bank, marking its first return to the banking business since the 1998 Asian financial crisis. Through various affiliated entities, the group bought at least 51% of Bank…

indonesia cash
Aiko TanakaFinance

Rupiah Weakens with Asian Currencies

The rupiah exchange rate at the Jakarta Interbank Spot Dollar Rate this morning fell by 8.0bps to trade for Rp13,332 per US dollar. The rupiah is corrected along with most Asian currencies. “Rupiah weakens along with Asian currencies depreciation against the…

Tanjung Api Api Port
Aiko TanakaLogistics

Tanjung Api-Api Port to start operation in December

Transport Minister Budi Karya Sumadi said the Port of Tanjung Api-Api in the regency of Banyuasin, South Sumatra, is to be operational in December, 2017. Physical construction of the project is already completed, but the port basin is not yet safe for big…

Payment Cropped
Minjun ParkFinance

Bank Indonesia is seeking to integrate electronic payment

Bank Indonesia (BI) is seeking to integrate electronic payment system of various banks and issuers on toll roads during the Eid al-Fitr homecoming in June. BI Transformation Center Executive Director Onny Widjanarko said that the central bank has done the…

Airbnb
Maria SantosE-Tailing

Airbnb eyes expansion in Indonesia

Global hospitality marketplace Airbnb will expand its business in Indonesia as it considers the country to be one of the most important markets in the Asia-Pacific. Airbnb’s country manager for Southeast Asia, Hong Kong, and Taiwan, Robin Kwok, said that…

Trafi app
Sarah ChenE-Tailing

Uber Join Hands with Trafi App

App-based transportation services Uber has joined hands with multimodal transport app Trafi to help residents in Greater Jakarta, or Jabodetabek, combine public transport and ridesharing services. Head of Public Policy and Government Affairs of Uber Indonesia…

Korea Air 1
Aiko TanakaGeneral

Korean Air to fly to Lombok Island

The South Korean airline and flag carrier company Korean Air is ready to fly to Lombok Island, West Nusa Tenggara, Indonesia, in July and Aug 2017. “The Korean Air will open a charter flight for seven times,” Lombok International Airports General Manager I…

bank indonesia
Rajiv MenonFinance

BI predicts surplus of balance of payment in 2017

Indonesias balance of payment will still enjoy a surplus this year but it will decline to US$3-4 billion from US$12 billion last year, Bank Indonesia Governor Agus Martowardojo has predicted. The drop will be the result of declining capital and financial…

Garuda Boeing 737 8MAX
Rajiv MenonGeneral

Garuda to operate large aircraft to serve Lebaran travelers

Flag carrier Garuda Indonesia is preparing 61,324 flight seats through the operation of large aircraft for an extra flight in anticipation of an increase in passengers during the post-fasting Eid ul-Fitr or Lebaran 2017. President Director of PT Garuda…

Garlic
Wei ZhangFood

Indonesia aims for zero imports of garlic in 2018

The government is looking to achieve its goal of zero garlic imports in 2018, following an expansion of garlic farms across the country. “We aim to see 100,000 hectares of garlic farms next year. If 1 hectare [ha] can produce 5 tons of garlic, we won’t need…

OCBC
Wei ZhangFinance

OCBC Bank subsidiary launches private onshore banking in Indonesia

OCBC Bank has launched onshore private banking in Indonesia through its 85 per cent-owned subsidiary, OCBC NISP, the company said on Monday. OCBC NISP has obtained regulatory approval to establish the private banking unit to manage the wealth of Indonesians…

unilever
Wei ZhangGeneral

Unilever to Test New Packaging-recycling Tech in Indonesia

Consumer goods giant Unilever on Wednesday said it has opened a new facility in Indonesia as part of a pilot project for introducing a new technology for recycling sachets used to hold shampoos and other products. Single-use sachets are widely sold in…

Business Travel
Maria SantosGeneral

Bisnis Travel Indonesia teams up with Zurich Indonesia

Online travel portal Bisnis Travel Indonesia (BTI) is teaming up with Zurich Indonesia, the local unit of a Switzerland-based insurance company, by including Zurich Indonesia’s travel insurance on BTI’s list of products. Previously, BTI’s offered its members…

alfamart
Sarah ChenGeneral

Alfamart operator to expand chain in Philippines

Sumber Alfaria Trijaya, operator of Alfamart convenience stores in Indonesia, plans to add up to 200 units in the Philippines this year that will nearly double its presence there. SAT began its Philippine business in 2014 with a 35% stake in a joint venture…

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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