Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.
Watch out Gojek, competitor GrabBike has come to Bali. Ride-hailing app Grab has announced that it launched both GrabBike and GrabExpress services in Bali, as of Oct. 22. Like Gojek, GrabBike allows you to order motorbike taxis, while GrabExpress is Grab’s…
Food enterprise ST Group has launched Japanese-style Hokkaido Baked Cheese Tart outlets in Australia. Using a traditional recipe involving three cheeses from Japan’s dairy heartland of Hokkaido, the tarts have already been introduced in Brunei, Indonesia,…
Spanish lingerie brand Oysho, owned by Inditex, continues its international expansion with the opening of its first store in Indonesia. In Jakarta’s centre, the 300 sqm shop is in Plaza Indonesia, a shopping centre that is also home to other Inditex brands…
HSBC plans to inject $1 billion of additional capital into its combined Indonesian business with PT Bank Ekonomi Raharja, an official at the Indonesian financial regulator, Ariastiadi, said on Thursday. HSBC separately said it would integrate its Indonesian…
Kaskus co-founder Ken Dean Lawadinata has broken his silence after marching out of one of Indonesia’s most prominent technology platforms, citing higher “risk” in the industry and even “a little bit of a bubble”. “I think right now the IT market is in a bit…
“For points issuers, the Pointo system will help them limit their budget on marketing and add more value to its customers. Meanwhile for point receivers, it would help them generate more revenue as it would increase transactions,” Pointo Point Exchange chief…
The government’s ‘Wonderful Indonesia’ campaign (which began in 2011) has transformed Indonesian tourism into a vibrant, lucrative, and rapidly growing industry. Alongside national ‘gems’ like the ancient Borobudur Temple, the divers’ haven of Raja Ampat, and…
Indonesia’s central bank surprised the market on Thursday by cutting its benchmark interest for a sixth time this year, renewing efforts to spur sluggish lending and growth. Bank Indonesia (BI) cut the 7-day reverse repurchase rate by 25 basis points to 4.75…
Datapipe has partnered with footwear retailer Bata to drive its digital transformation by moving its technology infrastructures to the cloud. Bata is seeing strong growth in Asia’s multibillion-dollar footwear market, specifically in India, China and…
Telkom Indonesia has adopted HAUD’s A2P SMS monetization and SS7 security managed services to create new sources of revenue and improve subscriber experience for the operator. The managed service agreement with HAUD will help Telkom Indonesia mitigate any…
An original Indonesian herbal medicine, Jamu, will be marketed abroad in the Middle Eastern and ASEAN regions, the chairman of the Jamu Association of Central Java, Nyoto Wardoyo, said here on Wednesday. Jamu is made from natural materials, such as roots,…
Indonesia needs to work harder to improve its logistic sector because its performance lags behind those of other ASEAN countries such as Singapore, Thailand and Malaysia, Finance Minister Sri Mulyani said on Wednesday. “On the Logistics Performance Index…
The occupancy rates of star rated hotels in Bali averaged 72.40 percent in August or an increase of 1.76 percentage points from 70.62 percent in the previous month. “The occupancy rate was quite encouraging when visits by foreign tourists shrank 9.52 percent…
Despite a bleak forecast for the automotive market in Indonesia, French carmaker Renault and its local partner PT Auto Euro Indonesia launched two new products in Jakarta on Wednesday: the KOLEOS and KWID. Serge Yoccoz, Renault ASEAN director of operations,…
United Overseas Bank (UOB) Indonesia plans to issue Rp 1.1 trillion (US$84.5 million) in bonds in November. The issuance hopes to raise cash to support the bank’s lending capacity next year. UOB Indonesia president director Kevin Lam said Rp 1 trillion in…
Local e-commerce company Bukalapak is not worried about Chinese giant Alibaba’s plan to expand into Indonesia as local players can still compete with foreign ones, the company’s co-founder said. Bukalapak co-founder and chief financial officer Muhammad Fajrin…
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