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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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13 Mar 2017

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Latest Indonesia retail stories

indonesia bali dancers
Minjun ParkLiving

Indonesia, China cooperate to boost tourist arrivals

The Tourism Ministry, in cooperation with Chinese provincial tourism administrations, aims to raise the number of tourist arrivals from China by 50 percent to 2.1 million in 2017 from 1.4 million last year. The ministry’s director for Asia-Pacific tourism…

IDX
Maria SantosFinance

IDX Inaugurates 250th Investment Gallery

The Indonesian Stock Exchange (IDX) has inaugurated the 250th Investment Gallery located at the Faculty of Economy and Business of Udayana University in Denpasar, Bali. The galleries are spread in 240 universities in Indonesia. IDX President Director Tito…

telkom
Rajiv MenonTelecom

PT Telkom’s profit grows 24.9% in FY16

Indonesia’s PT Telkom has reported a 24.9% increase in net profit for FY16 to 19.35 trillion rupees ($1.45 billion), on the back of a strong performance in the company’s data and internet businesses. Total revenue grew 13.5% to 116.33 trillion rupees, with…

DBS
Sarah ChenFinance

DBS to launch mobile-only banking service in Indonesia

The Development Bank of Singapore (DBS) plans to introduce a smartphone-based mobile banking option for the Indonesian market as a way to further digitalize the banks’ operations and utilize digital innovation to its advantage. Digital transformation is part…

res.heraldm.comcontentimage2016022620160226000885 0 1b6c0c57343021a38857d60b1095483182e39467
Rajiv MenonFinance

Visa QR payments coming to Indonesia, Pakistan, Vietnam

Visa will soon be expanding its QR-based mobile payment service to ten more markets, including Indonesia, Pakistan and Vietnam. The service, named mVisa, is now live in India, Kenya and Rwanda, and will soon be available to merchants and consumers in the…

singpost
Maria SantosLogistics

SingPost boosts stakes in Indonesian entity

It will benefit from the growing e-commerce market in the country. Singapore Post announced just recently that it will be upping its stakes in an Indonesian entity through Quantium Solutions International Pte Ltd. According to OCBC Investment Research, QSI…

Money Echanger
Wei ZhangFinance

Indonesia Signs Currency Swap Deal with Korea

Bank Indonesia (BI) and the Bank of Korea signed a bilateral currency swap arrangement (BCSA). Through the deal, both central banks will be able to swap currencies for a value of KRW 10.7 trillion or Rp115 trillion. The agreement was signed by BI governor…

AFP Getty 466014025
Maria SantosGeneral

Australia Eyes Indonesian Mining and Tourism

Head Of the Indonesian Investment Coordinating Board (BKPM), Thomas Trikasih Lembong, predicted that Australia’s investment in Indonesia could increase up to USD 3 billion (around Rp 40 trillion) throughout the next three to five years. Most of Australia’s…

b737 800ng garudaindonesia
Wei ZhangGeneral

Garuda Indonesia Increases Flight Frequency of Routes to Australia

National airliner Garuda Indonesia (GIAA.JK) will increase its flight frequency to destinations in Australia during the holiday period from May to October, 2017. The company targets its passenger growth from flights to Australia to reach 650,000 passengers…

indonesia cash
Sarah ChenFinance

Rupiah May Extend Gain

Reza Priyambada, a senior analyst of PT Binaartha Sekuritas, predicts that the rupiah will extend its gain. The rupiah is expected to move to around a support level of Rp13,385 and resistance level of Rp13,327. “Recent strengthening of the rupiah may open the…

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

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    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

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    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

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    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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