Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.
The latest Samsung gadgets that can be connected to handsets are available for customers to view and purchase. Not only Galaxy smartphones and tablets are on display, but also the entire Galaxy ecosystem, such as the Gear VR and Gear S2, as well as other…
Marine Affairs and Fishery Ministry will extend the ban on shark fin exports, said the ministry’s directorate general secretary of marine space management Agus Dermawan. “It may be extended, but I don’t know when,” he said Saturday. Shark fin export has…
In cooperation with Sungwun Pharmacopia of South Korea, Indonesias state-owned pharmaceutical company PT Kimia Farma will build the first factory for pharmaceutical raw materials to meet the needs of medicine producers in the country. The construction of the…
Indonesia’s Ambassador to Egypt, Helmy Fauzy, said that some 30 percent of the coffee in Egypt comes from Indonesia, which is the leading coffee importer in Egypt. “This is the reason we bring potential investors from Egypt to Gorontalo, to meet the coffee…
Now he will also be in charge of encouraging the implementation of digital payment technology. Previously based in Kuala Lumpur, Khan and his division will now be headquartered in Jakarta. Mastercard considers this a move towards recognition of Southeast…
The assets of sharia banks rose 18.49 percent year-on-year to Rp305.5 trillion by July, 2016 on growing third party funds. Third party funds held by sharia banks rose 12.54 percent to Rp243 trillion in the same period, Chairman of the Board of Commissioners…
North Sumatras rubber exports in the year to August 2016 plunged 20.84 percent compared to the same period last year. “By August 2016, North Sumatras rubber and rubber product exports fell to US$633.996 million from US$800.864 million in the same period last…
The Energy and Mineral Resources Ministry has stated that the proposal of the Indonesian Petroleum Association (IPA) to import gas will not help the governments effort to curb gas prices applicable to the industry. The proposal is one of the many options to…
Indonesias state-owned energy company, PT Pertamina, has hailed a senior minister for proposing to invite Japan to participate in the East Natuna Block gas project in the province of Riau Islands. Pertamina, ExxonMobil and PTT Thailand have formed a…
BlackBerry Ltd. may have decided to stop making its iconic handsets, but that doesn’t mean the gadgets will disappear, especially in places where they’re still popular. Case in point: an Indonesian wireless company is already hatching plans to introduce its…
The Indonesian flight carrier, Garuda Indonesia, is expecting US$25 million from international cargo service by the end of 2016. “Currently, the average income from cargo per month is US$21 million. Business cargo, mainly catering to the international market,…
BlackBerry may have decided to stop designing its iconic handsets in-house, but that doesn’t mean the gadgets will disappear, especially in places where they’re still popular. A case in point is the Indonesian wireless company that is already hatching plans…
The Indonesia Stock Exchange (IDX) has suspended the Bumi Citra Permai (BCIP) from trading because of significant, cumulative stock price declines. BCIP opened at Rp478 per share before plunging 46 bps (9.62%) to Rp432. “With regards to BCIP’s significant,…
A recovery in coal prices in recent months has buoyed shares of local coal companies and returned confidence to a sector that has long struggled with low demand. Indonesia’s thermal coal benchmark price rose to $63.93 per metric ton in September — its highest…
The ongoing Nusantara Batik Week is expected to record sales of Rp6 billion, a local official said. The target increased from Rp4.5 billion last year, said Supriono, head of the Pekalongan industry, trade and cooperatives and SMEs office, speaking on Tuesday.…
The Communications and Informatics Ministry said that it has not come up with the best solution in relation to the endeavor of collecting taxes from giant tech company Google, as the regulation on foreign app companies (over the top or OTT) has not been…
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