Electronics giant Panasonic Corp. is seeking to sell up to 50 percent more TVs in Indonesia this year by offering online shopping and a greater variety of models. The company’s TV sales have been stagnant for three years. “We hope this year we can sell around…
Indonesia’s retail/media conglomerate CT Corp is partnering with cinema companies to open movie theatres in its retail complexes. CT retail arm Trans Retail has announced a partnership with Graha Layar Prima, which runs the Korean-owned CGV cinema chain…
Indonesia’s Indosat Ooredoo has entered an alliance to provide a range of enterprise services combining its products with satellite connectivity from Thuraya. Under the agreement, new services will be developed using Indosat SIMs roaming on the Thuraya…
Supermal Karawaci, one of the largest mall entertainment center in Western Jakarta, has launched an interactive mobile application that would allow retailers to offer personalized content and engage with customers better. The 125,000-square-meter retail…
Digital transformation will attain macroeconomic scale in Indonesia over the next 2-3 years, according to new predictions from IDC. The analyst firm says this will change the way enterprises operate and reshape the global economy. IDC calls this as the dawn…
Bitcoin, a cryptocurrency that uses cryptography to make transactions anonymous, has penetrated deeper into the Indonesian market even though there is currently no legal umbrella for the currency’s use in the country. Bitcoin Indonesia currently has 250,000…
Chief Executive of Citilink Indonesia Albert Burhan said the airline would focus on expanding flights to eastern Indonesia this year. Albert said there are potential routes to eastern Indonesia, which have not attracted other airlines. “There will be plan to…
The district administration of Raja Ampat in West Papua Province will organize various festivals to lure tourists to the island. The planned festivals will be part of the tourism campaign for the region, according to the Head of Raja Ampat tourism office,…
Jumping on the bandwagon of local cell phone production, newly-founded cooperative Koperasi Digital Indonesia Mandiri (KDIM) on Friday started the production of a locally built smartphone under the brand of Digicoop. The smartphone is set to bolster the…
Bali is expected to attract 40 percent of the total target of 15 million foreign tourists to Indonesia in 2017. The province has been given a bigger portion than other regions because it still remains the prime destination for foreign tourists, according to…
Lippo Group is exploring investment possibilities in the eastern province of Nusa Tenggara, which borders Timor Leste, to generate development and improve living standards in the region. “Increased investments in the border region is very important as it can…
Lingerie giant Victoria’s Secret, famed for its racy bras and thongs, has pledged to trace the sources of its wood-based fabrics, joining the ranks of fashion companies addressing human rights and deforestation, its parent company said. In a new policy…
UCWeb, part of Alibaba Mobile Business Group, plans to invest R200 crore over the next two years in India and Indonesia. The funds will primarily be used to make use of user-generated content in India via its news distribution and content platform, UC News.…
Indonesia’s CT Corp. is partnering with cinema operators to open movie theaters in its commercial complexes. The retail and media conglomerate hopes to tap growing demand for entertainment and gain an edge over other retailers. On Wednesday, CT retail arm…
Bank Indonesia (BI) has kept its 7-days reverse repo rate at 4.75 percent. Other monetary benchmark rates such as deposit facility rate and lending facility rate have also been kept at 4 and 5.5 percent. “The decision was made by BI to preserve domestic…
Greenpeace International launched a new report on Tuesday, January 17, 2017, accusing British HSBC of supporting deforestation. The report stated that British HSBC provided financial services to palm oil companies that are causing rainforest destruction and…
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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