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…
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…
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’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…
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…
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…
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…
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…
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…
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…
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…
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…
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 &…
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…
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…
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.
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.
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