More than 4.48 million foreign tourists visited Bali via the resort islands Ngurah Rai Airport from January to November 2016, up 23.52 percent from 3.63 million in the same period last year. Some 4.48 million tourists traveled to Bali by air, and 70,449…
India and Indonesia will be the Development Bank of Singapore’s “big” areas of focus for this year, its chief executive officer Piyush Gupta has said. “We also remain focused on building leading regional cash management, foreign exchange, debt markets and…
One resort, planned as the largest in Bali, will overlook a spectacular Hindu temple. The other, in the verdant hills of West Java, will adjoin a theme park. The properties will be so luxurious, the Trump Organisation says, that even an impressive five-star…
Apple is turning to manufacturing partner Foxconn to facilitate efforts to expand both research centers and business further into Southeast Asia, and open up facilities in China and Indonesia, according to recent reports Foxconn has been manufacturing for…
The Indonesian government intends to encourage local exporters in North Sulawesi to sell nutmeg to Germany, as the country was the number one buyer of the spice in 2016. “The (nutmeg) demand from the Germans is high, with exports occurring every week,” said…
State-owned Bank Mandiri has disbursed Rp1.2 trillion to state-owned railway firm PT KAI for the development of a double-track railway in South Sumatra. Senior Executive Vice President of Bank Mandiri Alexandra Askandar in the signing of the agreement with…
President Joko Widodo (Jokowi) revealed on Tuesday that the price of electricity in Indonesia was higher compared to other countries because power companies were saddled with unnecessary costs. “Our electricity is expensive because players are burdened by too…
Indonesian Retailers Association (Aprindo) said that this year’s retail performance has been better than last year. Aprindo chairman Roy Mandey is confident that volume of retail sales will increase 10 percent this year. “We are confident of ending 2016 with…
Airborne logistics networks are expanding in Asia as demand for air cargo delivery in the region is forecast to roughly double in volume over the next two decades. Garuda Indonesia and budget carriers are rapidly expanding operations to capitalize on the…
Lippo Malls Indonesia Retail Trust was listed over nine years ago on November 2007. It was the first real estate investment trust that focused on Indonesian retail malls in Singapore’s stock market. Today, LMIRT remains the only REIT in Singapore with that…
Indonesian Anti-Dumping Committee (KADI) has initiated an anti-dumping investigation of relevant colour-coated steel sheet imports from China and Việt Nam. This was revealed by the Việt Nam Competition Authority (VCA) under the Ministry of Industry and Trade.…
President Joko Widodo (Jokowi) has said Jakarta should aim to become the global sharia financial center as Indonesia has the worlds largest Muslim population. “Ive ever conveyed (it) to chairman of the Financial Services Authority (OJK) that it is natural if…
Bank Negara Malaysia, Bank Indonesia and the Bank of Thailand (BoT) signed two bilateral memoranda of understanding (MoUs) yesterday to facilitate the use of local currencies for settlements of trade and investments. A joint statement said Bank Negara and…
Balis economy grew 6.17 percent in the third quarter of this year, exceeding the national average growth of 5.02 percent year-on-year in the third quarter of this year. “The growth, however, was slowed than 6.54 percent in the previous quarter,” head of the…
J.Co Donuts & Coffee, the Indonesian ‘lifestyle cafe’ chain has further expanded its Asian footprint, opening its first store in Hong Kong this week. The 11 year-old brand now has 250 stores in its home market,Malaysia, Singapore and the Philippines – and now…
The tourist resort province of Bali, which had received 4.07 million foreign tourist arrivals up to October, is expected to have attracted more than 4.4 million more tourists by the end of the year. “Foreign tourist arrivals account for 40 percent of 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.
Asia Market Guides · 8 min read
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