Indonesias export of crude palm oil (CPO) and its derivatives fell by nearly 2 percent to 25.7 million tons in 2016 from 26.2 million tons in 2015 from after-effects of the El Nino weather phenomenon. “At the end of 2015, oil palm fruit production fell due to…
Grocery retailer Trans Retail Indonesia plans to open dozens of stores this year in a challenge to the online retail industry. This year it will open 30 stores under the Transmart Carrefour brand, says corporate communications GM Satria Hamid, without…
Filipino fashion retail brand Rusty Lopez recently opened its newest store in Jakarta featuring comfortable sandals and casuals made from Marikina, the Philippines’ shoe capital known for producing durable and high-quality footwear. According to a recent…
Indonesia is seeking to lure more European tourists to visit the country by promoting its national tourism industry in the Matka-Nordic Travel Fair 2017 that will be held from January 19-22 in Messukeskus, Helsinki, Finland. “Indonesia has set the target of…
The government has decided to allow imports of 1.5 million tons of raw sugar to meet domestic demand in the first half of the year. Trade Minister Enggartiasto Lukita said 11 companies had been appointed to import the commodity, adding that it was not yet…
Kimia Farma Apotek, the operator of hundreds of dispensaries all over the country, will open 100 more dispensary outlets this year. The subsidiary of the state owned pharmaceutical company Kimia Farma said the new outlets would bring the total number of the…
After 2009 when the financial crisis hit most part of the world, labor productivity has fallen in many countries while minimum wages have increased steadily. As a consequence, many retailers and brands owners are experiencing pressure on already low margins,…
Indonesia is setting up an agency that will tackle fake news after a flood of untrue stories on social media, an official said Thursday, including claims China was waging biological warfare against the country using contaminated chilli seeds. The new cyber…
Bitcoin Indonesia, a prominent online Bitcoin marketplace for Indonesian traders and investors, revealed a rapid development in its user base after adding over 170,000 members within 12 months. At the beginning of 2016, Bitcoin Indonesia served 80,000 active…
Major retailer Trans Retail Indonesia will open dozens of new stores this year in a bid to attract more visits to its physical stores despite the booming online retail industry. “We will open 30 new stores under the Transmart Carrefour brand in 2017,”…
The world is getting more hazardous for skeptical analysts, the banks that employ them and investors who rely on their published research. Even by the rough-and-tumble standards of emerging markets, Indonesia’s punishment of JPMorgan Chase & Co this week for…
Indonesia’s financial services authority (OJK) has issued its first regulations relating to financial technology, or fintech, companies running peer to peer (P2P) lending services, Deal Street Asia has reported.06 Jan 2017 The regulation lays out minimum…
Wake up and smell the coffee. After four years of posting lower production volume and shrinking plantation area, Indonesia is finally making a move to reverse the situation. Despite being the world’s fourth largest coffee producer, the country produces mainly…
Indonesias Agriculture Ministry has targeted to stop the import of corn that is used as raw material for producing livestock feed in 2017, an official of the ministry stated. The ministry has expanded the corn plantation area by two million hectares and has…
Indonesian online lingerie store Lolalola closed yesterday, but customers can still shop on its social-media platform. Lolalola says incoming orders will be processed “normally”. There has been no word yet from the startup on why it decided to close down the…
Matahari Department Stores (MDS) has increased its ownership in Global eCommerce Indonesia (GEI), the parent company of Indonesian eCommerce startup MatahariMall.com. MDS has paid Rp164.9 billion (US$12.2 million) for 7.3 billion shares, or 3.62 per cent of…
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.
Asia Market Guides · 8 min read
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