AirAsia and Terengganu state government has signed a memorandum of agreement (MOA) which will see both parties collaborate to promote local tourism in Terengganu. AirAsia will add in new route, allowing travellers to fly directly from Johor Bahru to…
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 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 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…
There is a new regulation issued by Bank Indonesia (BI) on the carrying of foreign banknotes into and outside the country. This regulation is set forth in Bank Indonesia Regulation (PBI) No 197/7 / PBI / 2017 dated May 5, 2017. This regulation arranges that…
Sri Trang Agro-Industry, the world’s largest producer of natural rubber, plans to increase annual capacity by 20% to 2.9 million tons by year-end to take advantage of a market recovery. The company accounts for about 30% of output in its home market of…
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…
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…
Rolls-Royce Holdings doesn’t expect to take a hit from the investigation into the company’s audits, according to finance chief Stephen Daintith. The Financial Reporting Council, the U.K. regulator for corporate governance and reporting, said Thursday it has…
Go-Jek, the motorbike on-demand startup that is battling Uber and Grab in Indonesia, has closed a new round of $1.2 billion led by Chinese internet giant Tencent, two sources close the company told. The deal, which we understand was signed last week, values…
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…
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…
In collaboration with Gan Kapital, a strategic investment advisory in Indonesia, Plug and Play is finally going to announce the 11 selected startups for its first batch of accelerator program in Indonesia. The announcement will be held at a coworking space…
The partners inked the deal for Axiata Business Services to purchase the remaining capacity on IPSTAR over Indonesia to deliver Axiata’s operating company, PT XL Axiata Tbk (“XL”), more than 1 Gbps High Throughput Satellite (HTS) capacity for the provision of…
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…
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.
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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