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Tag: bali

Retail Asia21/11/2019
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Fashion

Chloe opens first Hong Kong travel retail store

2min0
French luxury brand Chloe has opened its first travel-retail store inside Hong Kong International Airport. The opening comes after the brand won a retail concession by the Airport Authority of Hong Kong last year. The store offers a selection of accessories including handbags, small leather goods, shoes, sunglasses, and jewelry. It boasts furnishings and decor […]
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Retail Asia18/11/2019
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General

September Indonesia retail sales edge up 0.7 per cent

1min0
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 spare parts and accessories and household equipment. Sales in October are anticipated to grow […]
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Retail Asia16/10/2019
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General

AirAsia announces inaugural flights to Belitung

2min0
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 international passengers arriving from Kuala Lumpur, who then enjoyed a traditional welcome dance. The Airbus A320-200 that was used for […]
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Retail Asia15/10/2019
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General

AirAsia expands flights in Indonesia

1min0
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 commencement of daily Jakarta – Belitung services that started 1 October. AirAsia Indonesia deputy […]
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Retail Asia27/09/2019
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Startups

Grab Seeks to Merge Digital Payment Firms in Indonesia

2min0
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 Ant-backed DANA would give the ride hailer app an edge over its major Indonesia competitor Gojek, […]
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Retail Asia03/09/2019
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Fashion

Uniqlo Indonesia plans several new stores

1min0
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 city. The company hopes it will help locals […]
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Retail Asia21/08/2019
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General

Retail sales in Indonesia decline

1min0
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 1.8 percent. The survey predicted retail sales would rise 2.3 […]
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Retail Asia14/08/2019
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Food

Indonesian Chocolate Draws Singapore Impact Investors

3min0
Krakakoa, which was established to improve the livelihoods of Indonesian cocoa farmers by buying directly from them, has raised funds from Singapore-based impact investors. The bean-t0-bar chocolate maker has raised an undisclosed amount of funding from Impact Investment Exchange (IIX), LIC VC and SYSTEMIQ co-founder Jeremy Oppenheim, the firm said in a statement on Friday. The chocolate maker said […]
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Retail Asia05/08/2019
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Food

Bali bakery Starter Lab to open in Singapore

1min0
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 expected to feature seven types of sourdough loaves each day, and flavours […]
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Retail Asia15/07/2019
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E-Tailing

Tokopedia enters wedding industry, buying Bridestory

1min0
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, organizers and vendors/service providers in the wedding industry. It has reportedly connected more than 3.5 million customers with at least 27,000 wedding vendors […]
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Retail Asia27/06/2019
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E-Tailing

Tokopedia expands delivery promise Same Day Delivery

2min0
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 fact it is a 100-per-cent Indonesian focused company, unlike its rivals – and shareholder – which […]
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Retail Asia07/06/2019
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General

AirAsia Opens Jakarta-Phuket Route

2min0
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, the new route will be available three times a week. “Currently the traveling trend continues to increase […]
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Retail Asia04/06/2019
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Living

Indonesia’s Kimia Farma eyes Growth into Vietnam

2min0
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 Dawaa. It is currently investigating Vietnamese regulations to discover whether or not it can own a […]
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Retail Asia28/05/2019
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General

Indonesian Retail Sales Down Last Month

1min0
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, the bank’s survey predicted that Indonesian retail sales growth will rise by a more modest 5.7 […]
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Retail Asia19/04/2019
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General

AirAsia Indonesia Under Pressure From Its Airspace Rivals

5min0
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 largest online travel agencies from listing AirAsia’s cheap Indonesian flights. The two sites were Traveloka and Tiket.com. AirAsia responded by removing its […]
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Retail Asia15/04/2019
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General

Lion Air to reduce Ticket Prices From April

1min0
Airlines under the Lion Air group, namely Lion Air, Wings Air and Batik Air, operate with reduced airfares on all routes starting Saturday. “The reduction in ticket prices is Lion Air group’s answer to challenges and opportunities in the travel business, and aims to accommodate demand for air travel while improving flight operations,” Lion Air […]
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Retail Asia15/04/2019
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General

Nam Air to lure millennials with boutique airline

2min0
Nam Air, a subsidiary of Sriwijaya Group, has announced a plan to apply the boutique airline concept, which mainly focuses on lifestyle branding. The carrier aims to make itself more appealing for customers of the millennial generation by delivering what it refers to as a “unique concept that is more masculine”. Nam Air director Asa Perkasa […]
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