Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.
EazyDiner, a restaurant booking and reviews platform, is in talks with potential investors to raise a fresh round of funding to expand its international footprint in the New Year. The two-year-old company, which was co-founded by media personality Vir Sanghvi…
PT Indosat Ooredoo is ready to launch its 4.5G technology in 2017 that is two times faster than its 4G predecessor, said a company spokesman. “We have been developing the 4.5G technology since 2012 and we are ready to launch this year, starting with the…
The regulations require foreign banks to buy more than one bank, and that the targets must not be strong institutions. KBank president Pipit Aneaknithi said yesterday that the bank currently had partnerships with two banks in Indonesia, and was prepared in…
Director General of Tax Ken Dwijugiasteadi gave an assurance on Wednesday that he would summon Google representatives to confirm data that it submitted regarding the companys revenue in Indonesia. “I have the data, so I will ask for their confirmation on…
Shopping, entertainment and leisure may be the three words synonymous with Hong Kong. However, those are no longer the only reasons for Indonesians to visit the region as it has become a destination to pursue higher education. Phillip Beh, chairman of the…
Indonesia’s central bank is widely expected to keep its benchmark policy rate unchanged on Thursday as it monitors the rupiah’s movement at a time of global uncertainty and price pressures at home. Bank Indonesia (BI) cut its benchmark six times last year, by…
Life insurer Sun Life Indonesia aims to have more qualified agents to market their products rather than just make the numbers, the company top executive has said. The firm gathered on Friday 1,000 of its most high-achieving agents for the annual “Year Start”…
The number of visits by Chinese tourists to Bali rose 41.28 percent to 907,028 in the first 11 months of 2016 from 642,000 in the same period in 2015. “Most of them flew directly to Bali via the Denpasar International Airport of Ngurah Rai with only 886 of…
The Indonesian business partner of President-elect Donald Trump will be attending next week’s inauguration and also plans business meetings with Trump family members, his spokesman said Friday. Trump’s ties to Hary Tanoesoedibjo are among the many conflicts…
The head of Indonesias National Development Planning Agency (Bappenas), Bambang Brodjonegoro, has said household consumption and inflation will be the key to achieving higher economic growth in 2018. “To ensure consistent growth, the best recipe is to…
Indonesia is hoping for more investment from Japan after the scheduled meeting between President Joko Widodo and Japans Prime Minister Shinzo Abe. This was said by Thomas Lembong, the chief of the Indonesian Investment Coordinating Board (BKPM), here on…
Banten recorded a 28.43% increase in exports to US$941.27 million in November 2016 from the same period a year earlier. The increase was attributable mainly to 27.08 percent in the exports of commodities other than oil and gas, according to the regional…
Bank Indonesia (BI) had forecast that the countrys current account deficit last year would fall to 1.8 percent of the national gross domestic product (GDP) as compared to 2.06 percent a year earlier. The decline in the current account deficit would chiefly be…
The Indonesian Seaweed Association (ARLI) estimated that the countrys exports of seaweed shrank 30 percent in value from US$205.4 million in 2015. ARLI general chairman Safari Azis attributed the decline to weak demand amid the global economic crisis and U.S.…
Publicly listed consumer goods giant Unilever Indonesia has seen it stock value skyrocket by more than a thousand percent over the 35 years it has been listed on the bourse. If an investor bought 1,000 shares at our initial public offering IPO, which [at the…
Low-cost carrier Citilink Indonesia carried 745,187 passengers during Christmas and New Year holidays, a 2% increase compared to the same period last year of 730,925 passengers. Citilink Indonesia president director Albert Burhan said that the increase was…
Free background guides on how retail works in this market.
Indonesia
Around 280 million people, thousands of inhabited islands, dominant convenience and warung trade, and import rules that stop first shipments at the port.
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