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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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18 May 2017

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Latest Indonesia retail stories

cimb malaysia
Sarah ChenFinance

CIMB Research starts coverage of CCK with Add rating

CIMB Equities Research has initiated coverage on CCK Consolidated Bhd with an Add rating and a 12-month target price of RM1.28. CCK controls about 35% of Sarawak’s poultry market making it the state’s biggest producer. Besides Sarawak, it also has exposure in…

Sony Indonesia
Sarah ChenElectronics

Sony Indonesia Appoints New President Director

Sony Indonesia has announced the appointment of Kazuteru Makiyama as its new President Director. He serves as President Director starting on April 1, 2017, replacing Kikuo Okura. In a press release on Saturday (5/13), Sony Indonesia stated that Kazuteru…

WannaCry
Aiko TanakaGeneral

Cyber attack not disrupting stock market at IDX

WannaCry malware attack has not disrupted the countrys share market, Tito Sulistio, President Director, Indonesia Stock Exchange (IDX), stated here, Monday. “The stock authority performs a routine check two hours before opening at 9 a.m. I directly oversaw…

Sinarmas
Wei ZhangReal Estate

Boost for Sinarmas Land profit from Indonesian recovery

Propery developer Sinarmas Land saw its profits soar off the back of better sales from its joint venture developments. Net profit surged 136.6 per cent to S$37.2 million for the three months to March 31. This came off the back of higher revenue, which rose…

the body shop
Rajiv MenonFashion

The Body Shop rolls out £10m digital transformation strategy

L’Oréal-owned cosmetics brand The Body Shop has launched a £10m, three-year digital transformation strategy in a bid to revamp its online appeal and boost the e-commerce channel. As part of the strategy, the British retailer has launched in 11 countries a new…

Garena
Minjun ParkE-Tailing

Garena rebrands as Sea, plans to conquer Indonesian e-commerce

Garena, widely considered to be Southeast Asia’s most valuable startup, has rebranded itself as Sea Ltd. as the first step in an expansion plan to compete with China’s Alibaba and gain some ground in the untapped, but lucrative, Indonesian market. The…

Boeing Garuda 787 9 n 737 MAX8
Aiko TanakaGeneral

Garuda Indonesia Provides 45,000 Seats during Eid Holiday

PT Garuda Indonesia provides extra 45,000 seats to serve people for 2017 Eid al-Fitr. “This year we offer extra seats to people or consumers who travel before Eid al-Fitr and after the celebration,” PT Garuda Indonesia President Director Pahala N. Mansyuri…

indonesia
Maria SantosLiving

Indonesia Sees Unemployment Drops by 0.28 Percent

Institute for Development of Economics and Finance (Indef) Economist Dzulfian Syafrian positively welcomed the decline of the open unemployment rate (TPT) in February 2017 as much as 0.28 percent. This figure is lower compared to that of February 2016 with…

xl axiata
Wei ZhangTelecom

Axiata to lease capacity on IPSTAR-1 for Indonesia

Malaysia’s Axiata Group has signed a four-year agreement to lease capacity over Thaicom’s IPSTAR-1 satellite for the provision of broadband services in Indonesia. Subsidiary Axiata Business Services will purchase the remaining capacity on the broadband…

Retail Academy: Indonesia

Free background guides on how retail works in this market.

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