Governor of central bank Bank Indonesia Agus Martowardojo said that BI is targeting bank credit growth by 11 percent next year. According to him, the target is expected to be reached due to the influx of fresh funds into financial institutions through the tax…
Indonesia’s Kebab Turki Baba Rafi chain is set to open in southern Philippines. Parent company BabaRafi Enterprise says it wants to increase its Philippine footprint, after spending the last three years getting established here. “We’d like to expand our…
PT Telekomunikasi Indonesia Tbk (Telkom) said it is optimistic it would play the role of international telecommunication infrastructure hub with the development of its Indonesia Global Gateway Cable System (IGG). “We are developing IGG and it is now in…
Tempo Media Group, in collaboration with the Indonesia Banking School, held the annual Indonesia Banking Award (IBA) to recognize Indonesian banks with the best performance in 2015. The IBA this year featured an award for the best bank in remuneration and a…
Indonesia’s PT Telkom has contracted NEC to build a cable system connecting six of the nation’s large islands with Singapore. The Indonesia Global Gateway Cable System will link the islands of Sumatra, Batam, Java, Bali, Kalimantan and Sulawesi. As well as…
Germany’s Deutsche Post DHL Group and the United Nations Development Programme (UNDP) are once again conducting their joint preventative training, known as Get Airports Ready for Disaster (GARD), from September 5 to 9 at Bali’s Ngurah Rai International…
AirAsia Bhd has entered into a wet lease agreement with PT Indonesia AirAsia Extra (IAAX) to lease two Airbus A330 widebody aircraft for US$12.9mil (RM52.5mil). In a filing with Bursa Malaysia on Tuesday, AirAsia said one aircraft would be leased from Sept…
Multimedia Nusantara (TelkomMetra), a unit of Telekomunikasi Indonesia (Telkom), has launched innovative service MediaHub to support the content and advertising industry in Indonesia. “Telkom is offering an integrated solution, not limited to telecoms but…
Global prospects for wearable electronics continue to be strong with retail value sales projected to grow by 138% to become a US$45 billion dollar industry in 2021, remaining the worlds second best-selling product behind smartphone Euromonitor International’s…
Indonesian Ambassador to Russia and Belarus Wahid Supriyadi has opened Indonesian House in the easternmost Russian city of Vladivostok to promote Indonesian products. The opening of the Indonesian House took place on the sidelines of Eastern Economic Forum,…
The Central Java administration plans to build factories to produce high quality salt to improve the welfare of the local salt farmers. “Currently five pilot projects of salt factory are being prepared,” Central Java Governor Ganjar Pranowo said here on…
Indonesia has invited Taiwan to invest in the maritime sector to help bring to reality the governments vision of making the country a world maritime axis. Director of Investment Planning in the Agribusiness and Natural Resources of the Capital Investment…
Low-cost carrier Citilink, a subsidiary of national flag carrier Garuda Indonesia, recruited 70 candidate pilots to boost the company’s business expansion after a three-month enrollment process from June to August this year. Citilink president director Albert…
Indonesia has asked the chairman of China’s Alibaba Group Holding Ltd, Jack Ma, to act as adviser in the development of the Southeast Asian country’s nascent e-commerce industry, according to a video released by the government. Indonesia has the world’s…
As of 2016, according to the Central Statistics Agency’s estimations, Indonesian millennials — born between the 1980s and early 2000s — make up about 41 percent of the 258.8 million population. “The future will be in OTT and many want to capture this market.…
The Central Statistics Agency (BPS) recorded 1.03 million foreign tourist arrivals to Indonesia in July 2016. The number represents a 17.67-percent year-on-year increase from July 2015. Compared to June 2016, the increase is 20.42 percent. “This is a new…
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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