Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.
The Communications and Information Ministry has urged Facebook to open a proper local office to enable it to adequately tackle complaints about fake news and negative content that spreads through the social media platform. Minister Rudiantara conveyed the…
State lender Bank Mandiri saw its net profit plunging by up to 32.1 percent to Rp13.8 trillion in 2016 from Rp20.3 trillion in 2015. The net profit fell, as the bank set aside its operating income to raise its provisions for loan loss coverage, following the…
Sriwijaya Air this year expands its market share to eastern Indonesia by opening a direct flight from Surabaya to Jayapura in Papua. Sriwijaya Air commercial director Toto Nursatyo said that eastern regions of Indonesia have a huge potential even more so…
Kertajati Airports construction project in Majalengka, West Java, comprising access, drainage, interchange ramp, and parking lots has reached 64.2% on Jan 29, PT. Bandarudara Internasional Jawa Barat Director Virda Dimas Ekaputra stated. The construction of…
The Indonesia’s biggest telecommunication company Telekomunikasi Indonesia (Telkom) has successfully launched its Telkom 3S satellite from Arianespace’s spaceport in Kourou, French Guiana, at 6.39 p.m. on February 14 local time or Wednesday at 4.39 am Jakarta…
Liverpool FC ’s massive fanbase in Indonesia could help bring investment to Liverpool according to Britain’s ambassador to the Asian giant. The Reds have millions of fans in the South East Asian nation. And that, says Moazzam Malik, could help the club’s home…
Yakult Indonesia Persada, one of the major producers of fermented milk products, still relies on imported raw materials for its production in Indonesia. Yakult Indonesia vice president and director Hiroyuki Kawada said the company had to import ingredients…
The representative office of the Indonesian Stock Exchange (BEI) in this Papua capital city has opened a clinic class for non active registered share investors. “They need guidance especially as the share customers are different in type. Therefore, we open…
InMobi, an India-based mobile advertising platform provider, will invest up to US$50 million within the next five years to expand its business in Indonesia. InMobi founder and chief executive officer Naveen Tewari said in Jakarta on Monday that the company…
Indonesia is now using big data Mobile Positioning Data (MPD) digital system in a bid to boost up performance of the nation’s core business sector, tourism, China’s Xinhua news agency reported. The MPD to support the tourism activities is operated by…
The Indonesia Stock Exchange (IDX) will close on the simultaneous regional election day, February 15, 2017, the IDX website page stated. Earlier, Vice President Jusuf Kalla had asked Indonesians to use their voting rights and vote for credible candidates to…
Close to the equator, French Guiana, a scarcely populated country with only 158,000 inhabitants, is regarded as an ideal place to launch satellites. Mostly covered by equatorial forest, the South American country provides a stable climate, as well as…
Bank Rakyat will enter the Indonesian market in the second quarter (Q2) of this year after getting approval from the authorities, including Bank Negara Malaysia. To this end, the bank said, it had signed a memorandum of understanding with Indonesia’s largest…
PT Garuda Indonesia is pushing PT Garuda Maintenance Facility (GMF) AeroAsia, one of its subsidiaries, to release some of its shares to the public through the Initial Public Offering (IPO) scheme. “As shareholders, we aspire to strengthen the subsidiary’s…
State-run mortgage lender Bank Tabungan Negara (BTN) is expected to launch micro housing loan for lower income group by the end of Feb, its president director said. “We will launch it around end of this Feb. It is a special loan for lower income group who do…
Following up on their recent statement, the Association of Indonesian Tour and Travel Agents (ASITA) officially boycotted through a circulating letter national flag carrier Garuda Indonesia over the decision to reduce commissions for travel agents. The…
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