September Indonesia retail sales rose 0.7 percent year on year. Real Sales Index of Bank Indonesia showed that the country’s retail sales maintained positive growth despite falling 1.1 percent in August. Most of the growth was driven by sales of automotive…
Low-cost carrier AirAsia commenced flights from Jakarta to Belitung, Bangka Belitung, on Tuesday as well as from Kuala Lumpur, Malaysia, to Belitung on Wednesday. The inauguration ceremony on Wednesday was marked by handing out flowers and souvenirs to…
AirAsia launched new services from Kuala Lumpur and Jakarta to the island of Belitung in Indonesia this week. The new four weekly services from Kuala Lumpur will support the Indonesian government’s agenda to develop ’10 New Bali’ destinations. It follows the…
Grab is looking to gain pole position in Indonesia’s budding digital payment market, reportedly exploring a merger between two major players – a local entity it owns and another one backed by China’s Ant Financial. A merger between Grab-backed ONO and…
Indonesia’s economy is projected to be three times the size of Australia’s by 2030 – and the GDP of the world’s most-populous Muslim population will rise from $3.2 trillion to $10.1 trillion by the same year*. Those figures are driving top international…
Japanese clothing retailer Uniqlo in Indonesia is set to launch new outlets in Batam, as well as Jakarta and Bekasi next month. The Batam store, opening in the Grand Batam mall in Penuin, Lubuk Baja, will be the first Uniqlo in Indonesia to be located in the…
Retail sales in Indonesia declined 1.8 percent in June, compared with an annual growth rate of 7.7 percent a month earlier, a central bank survey showed on Thursday. The last decline from a year earlier was in January last year when retail sales also dropped…
Bali-based bakery Starter Lab is opening its first overseas branch in Singapore. Located at 721 Havelock Road, Singapore’s Starter Lab will be able to host up to 35 people around a communal table and bars, offering take-away coffee and bread. Its menu is…
Low-cost carrier AirAsia launched five new domestic routes on Monday as it stated its “commitment to continue to support tourism and the economy by providing affordable flights”. Among the new services that will be operational on Aug. 1 are Jakarta-Lombok (11…
Indonesian e-commerce platform Tokopedia has acquired local wedding-service marketplace Bridestory, which allows users to plan their big day on their smartphones. Bridestory targets the Southeast Asian wedding market, connecting couples with venues,…
Indonesian e-commerce company Tokopedia is expanding its one-day delivery guarantee to almost all of its products as it prepares to battle Amazon and other foreign rivals. Backed by Alibaba Group and SoftBank, Tokopedia’s greatest strength might lie in the…
Other direct flights served by AirAsia from Thailand to Indonesia are Jakarta-Bangkok, Medan-Bangkok and Denpasar-Bangkok. Low-cost carrier AirAsia is set to open a new direct route from Jakarta to Phuket in Thailand starting July 2.According to a statement,…
Indonesian state-owned pharmaceuticals firm Kimia Farma is considering expanding into Vietnam by acquiring a local company. The firm recently invested US$10.26 million in a Saudi Arabian firm, purchasing 60 percent of its shares and renaming it as Kimia Farma…
Indonesian retail sales grew by 10.1 percent in March following a 9.1 percent increase in February, according to central bank survey data. The strong March performance was underpinned by sales of apparel along with automotive parts and accessories. However,…
New-age airline Vietjet is giving people more reason to travel with the announcement and addition of its newest international route connecting the biggest city of Vietnam, Ho Chi Minh City with Bali (Indonesia). The first and only airline to operate this…
Low-cost airline AirAsia appears to be facing increasing pressure from its Indonesian rivals Garuda Indonesia and Lion Air. Skift reporting recently claimed that Indonesia’s largest airline, Lion Air, and Garuda Indonesia had allegedly prevented Indonesia’s…