Mitsubishi Motors and its new parent Nissan are studying joint production of pickup trucks in Southeast Asia as they look for savings within the broader Renault-Nissan alliance, a senior executive told. The Japanese groups may pool technical underpinnings and…
While its direct-selling model echoes brands like Avon and Tupperware, Indonesia’s MindStores gives the approach a modern twist—with augmented reality. Recognized as the first partnership store network to use augmented and virtual reality, MindStores equips…
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…
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…
Digital media group REV Asia is on the lookout for local partners for its operations in Indonesia and the Philippines, says managing director Voon Tze Khay. The group’s initial plan, which was to grow its market share in social media advertising revenue in…
President Joko Widodo has revealed that global competition in the furniture and handicraft industry is increasingly rapidly. Moreover, changes in mode of creative industries are on the rise, as well as providing an alternative for its own market. The…
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…
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…
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…
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…
Minister of Communications and Informatics Rudiantara says financial technology, or fintech will be used as an effort to expand access of financial services to public, or financial inclusion. This relates to the use of mobile technology amid Indonesia…
Uber may have a reputation for steamrolling its competitors, but it can be conciliatory at times. In 2015, a year before its retreat from China via the sale of its Chinese business to rival Didi, the U.S. company agreed to a non-compete deal with Go-Jek, a…
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…
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…
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…
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.
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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