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Indonesia Retail News

Reporting and analysis on retail, e-commerce, and consumer trends in Indonesia, updated continuously by our newsroom.

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4 Oct 2016

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Latest Indonesia retail stories

uniqlo canada
Rajiv MenonFashion

Uniqlo Canada takes it slowly

After the Japanese apparel retailer decided to open its first shop in Canada, Uniqlo Canada COO Yasuhiro Hayashi visited Toronto every month for nearly a year. During each visit he would spend the week taking notes on what people were wearing. “I didn’t…

PLN Electricity
Sarah ChenLiving

Electricity consumption up 7.85 percent: PLN

The countries electricity consumption in the first half of 2016 reached 107.2 Terra What hour (TWh), up 7.85 percent from 99.4 TWh in the same period in 2015, state-owned electricity company PLN said. Senior Public Relations Manager of PLN Agung Murdifi said…

bank mandiri 2
Minjun ParkFinance

Mandiri prepares syndicated loans of Rp4 trillion

State lender Bank Mandiri is preparing a syndicated loan of Rp4 trillion to build five airports in Indonesia in the fourth quarter of 2016, the banks corporate banking director, Royke Tumilaar, said. Bank Mandiri will lead the syndication of loans to state…

google sign 3253
Sarah ChenGeneral

Indonesia raids Google office after warning on tax audit refusal

Google’s Jakarta office was raided by Indonesian authorities after they warned the company for refusing a tax audit. Officers visited Google’s office in central Jakarta “many times” in the past two weeks to collect data and repeatedly sought meetings with…

manila fame expo
Aiko TanakaGeneral

Indonesia To Participate In Manila Fame Expo

Several Indonesians will be among the master craftsmen from selected ASEAN countries to participate in Manilas premier design and lifestyle event in Pasay City, the Philippines, from October 20 to 22, 2016. The ASEAN Master Craft Design Festival, titled…

Malaysian Batik
Rajiv MenonGeneral

Sarinah Celebrates National Batik Day

Renowned retailer of traditional Indonesian products, Sarinah will celebrate National Batik Day on Sunday, 2nd October 2016 which will commence from 6:30 A.M. – 10 A.M. at its Thamrin department store location. As a leading state-owned enterprise with immense…

digital revolution
Sarah ChenResearch

Digital Revolution to Add $150b to Indonesia’s Economy by 2025

Digitalization is expected to boost productivity, especially in five major sectors: manufacturing, retail, transportation, mining and agriculture. “Just as an example, a digital procurement system can predict demand for equipment in a factory and suggest…

islamic banking
Maria SantosFinance

Sharia Finance Sees Promising Future

The Financial Services Authority (OJK) says that the sharia finance still sees promising future despite the slowing down of global economic growth. “I’m optimistic on the promising future of the sharia finance industry. However, there will be many challenges…

IMG 4162
Maria SantosGeneral

Indonesia receives awards at South Africa Tourism Fair

Indonesia won two prestigious awards at the largest tourism market and exhibition, entitled “the Gateway Show”, in Johannesburg South Africa, which ran from September 23-25, 2016. Deputy Assistant of European, Middle East, America and Africa Market…

Sprudge HengteeLim Osaka Osaka Giracha Coffee 02
Maria SantosFood

Indonesian coffee potential grows unlimited

The Australian Ambassador to Indonesia, Paul Grigson, who is also a coffee connoisseur, said the potential in unlimited for the Indonesian coffee agriculture and industry. In a press release from the Australian Embassy in Jakarta on Friday, the ambassador…

Rupiah vs dollar
Minjun ParkFinance

Rupiah weakens 43 points against USD

The rupiah weakened 43 points to close at 13,015 per US dollar in the Jakarta interbank spot market on Friday evening, compared with the previous close of 12,972. “The rupiahs exchange rate depreciated against the US dollar along with the weakening of…

171956092
Rajiv MenonLiving

Government raises excise taxes on tobacco

The government of Indonesia has raised the excise tax tariffs on tobacco. The Finance Ministers Regulation, No.147/PMK.010/2016, was issued in this respect. In the new policy, the highest tobacco excise duty hike of 13.46 percent was for machine-made white…

medical support vessel
Maria SantosGeneral

Philippines interested in Indonesian medical support ship

After purchasing two Strategic Sealift Vessel (SSV) warships from PT PAL Indonesia, the Philippine government is considering putting in another order for a medical support vessel from Indonesia’s state-owned shipbuilder. During the 2016 Asian Defense &…

travel agency
Rajiv MenonLiving

Foreign guests of star rated hotels in Manado stay longer

Foreign guests of star-rated hotels stayed longer in Manado, North Sulawesi, the provincial office of the Central Bureau of Statistics (BPS) said on Friday. In July, 2016, the length of stay of foreign guests of star rated hotels averaged 3.81 days , up from…

cigarette factory
Maria SantosGeneral

Indonesia Sees Decline in Number of Cigarette Factories

The Director General of Customs and Excise for the Finance Ministry, Heru Pambudi said the number of cigarette factories in Indonesia continues to fall significantly over the past years. There were 4,669 cigarette factories in 2007, which had fell to 754 by…

leeco
Rajiv MenonElectronics

LeEco India ready to roll out 1000 stores

Chinese tech firm LeEco India plans to open 1000 outlets across the subcontinent by the end of this year. Expecting half of its revenue in India to come from physical stores, LeEco filed an application five months ago with the Foreign Investment Promotion…

Retail Academy: Indonesia

Free background guides on how retail works in this market.

  • Indonesia

    Retail in Indonesia

    Around 280 million people, thousands of inhabited islands, dominant convenience and warung trade, and import rules that stop first shipments at the port.

    Asia Market Guides · 12 min read

  • Indonesia

    Consumers in Indonesia

    Segments, digital behaviour, price sensitivity and the buying patterns that shape assortment and promotion in Indonesia.

    Asia Market Guides · 8 min read

  • Indonesia

    Last mile in Indonesia

    How last-mile delivery works in Indonesia, what drives cost per drop, and how to set a service promise you can keep.

    Asia Market Guides · 8 min read

  • Indonesia

    Malls and rents in Indonesia

    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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