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Retail Asia10/04/2017

Indonesia’s rice imports from all destinations in 2017 are forecast to halve to 500,000 tons, based on USDA reports. Indonesia, the world’s fourth most populous country and a major buyer of Vietnamese rice, has not returned to Vietnam for new purchases this year, while its overall 2017 rice imports are forecast to halve to around 500,000 tons […]

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Retail Asia06/04/2017

A consortium consisting of Asian operators, Google and telecommunications infrastructure company Superloop have commissioned a new subsea able system linking Singapore, Indonesia and Australia. Singtel, Indonesia’s Indosat Ooredoo as well as Australia’s Telstra and education sector network provider AARNet have joined Google and Superloop’s SubPartners to join the INDIGO cable system. The cable system, formerly […]

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Retail Asia05/04/2017

McDonald’s Indonesia celebrates its 25th anniversary this year. The franchise of US-based fast food giant McDonald’s will launch a mobile application to serve customers amid growing technology development. Fast food giant McDonald’s Indonesia will launch a mobile application for food orders in the fourth quarter of this year to tap the growing smartphone market and […]

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Retail Asia05/04/2017

Bank Indonesia (BI) plans to launch a mobile app through which the public and regional administrations can monitor harga pangan (the prices of staple foods) on a daily basis. The public would be able to use the app to avoid being deceived, while the regional administrations can use it to observe when prices go too […]

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Retail Asia05/04/2017

The Ministry of Commerce assesses that there is a significant opportunity for exporting coffee commodity to South Korea. To achieve this, the Ministry of Commerce plans to hold an exhibition in South Korea. Arlinda Director General of Export Development at the Ministry of Commerce, said that coffee has become a trend in South Korea, especially […]

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Retail Asia05/04/2017

Indonesia will construct an international circuit for MotoGP in West Nusa Tenggara province of central parts of the nation, an official said here on Tuesday. An agreement on the construction of the sport facility had been inked, involving a French investor, said Edwin Darmasetiawan, Director for Indonesia Tourism Development Corporation, reports Xinhua news agency “The […]

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Retail Asia05/04/2017

Rosmaya Hadi enlisted the help of 2,000 religious leaders to fight inflation when she ran Indonesia’s central bank in West Java region. In the world’s largest Muslim country, Hadi got them to spread a message of moderation in mosques on the eve of the Eid al-Fitr festival last year, when Indonesians usually step up spending […]

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Retail Asia04/04/2017

The range of goods sold by Courts online has doubled as part of a revamp of its e-commerce business. The Singapore-based listed retail company also operates in Malaysia and Indonesia. Specialising in furniture and consumer electronics, Courts originally launched in 2012 with 7000 products. Now, through a partnership with e-commerce agency SmartOSC, the site now […]

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Retail Asia04/04/2017

Indonesia has promoted its marine tourism to the New Zealand, a country well-known for its sailing community. I Gde Pitana, Deputy Minister for Overseas Promotion at the Tourism Minister, said on Monday, April 3, 2017, that the Wonderful Indonesia promotion targeting yacht owners was aimed at promoting the Wonderful Sail 2 Indonesia by introducing a […]

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Retail Asia04/04/2017

South-east Asia’s largest ride-hailing company Grab has bought Indonesian online payment start-up, Kudo, as the company kicks off a battle with rivals Uber and Go-Jek for market share with the first investment of a US$700 million (S$978 million) pledge in its largest market over the next four years. Grab did not disclose the value of […]

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Retail Asia04/04/2017

Steve Lillywhite knows a thing or two about making music that sells. That six-time Grammy winning producer has worked multiplatinum recordings with artists including U2, the Killers and the Rolling Stones. Now Mr. Lillywhite is proving he knows how to sell music, too, although in a very unexpected way. He is the chief executive of […]

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Retail Asia03/04/2017

Indonesia’s growing middle class and its fondness for Western food has prompted Japanese food company Nisshin Oillio Group to start producing chocolate in the country. Daito Cacao, a unit of Nisshin Oillio, embarked on a joint venture in February with Salim Ivomas Pratama, a cacao plantation unit of Indonesian conglomerate Salim Group. Daito Cacao will […]

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Retail Asia03/04/2017

Food experts from Korea and Indonesia will gather in Jakarta to discuss ways to boost cooperation in the food sector. The ASEAN-Korea Centre and Indonesia’s Ministry of Trade will organize the “Trade Facilitation Workshop for Indonesian Food Micro, Small and Medium Enterprises” in Jakarta and Makassar on April 4-6. The aim is to support companies […]

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Retail Asia03/04/2017

In January, International Living (IL), an authority on global retirement and relocation opportunities, had put Malaysia in sixth place for its “10 Best Places to Retire” list. Part of the Annual Global Retirement Index, Malaysia received high scores in the “Healthcare” and “Fitting In” categories — the latter was due to the fact that the […]

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Retail Asia03/04/2017

Bank Indonesia (BI) reported that lending grew 8.4 percent year on year (YoY) to Rp4,333 trillion in February 2017, or an increase compared to January 2017 at 8.2 percent YoY. Working capital loans (KMK) and investment loans grew by 11.8 percent YoY and 9.7 percent YoY, respectively, BI spokesman Tirta Segara stated in a written statement […]

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Retail Asia03/04/2017

State-owned airport operator PT Angkasa Pura II through its subsidiary PT Angkasa Pura Kargo is preparing the opening a zone of bonded logistic center (PLB) in the Soekarno Hatta International Airport. The bonded logistic center would facilitate cargo transport and improve the countrys competitiveness in global air cargo industry, Angkasa Pura II President Director Muhammad […]

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Retail Asia28/03/2017

Singapore’s Singtel and Indonesia’s Telkomsel have teamed up to launch a real-time mobile remittance service to Indonesia. The new service is being offered by SingCash under the Singtel Dash brand. It will allow customers in Singapore to send money to the state-owned PT Pos Indonesia’s 4,500 cash-out points across the nation. The initiative marks the […]

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Retail Asia27/03/2017

Global hotel management chain AccorHotels is seeking to operate a total of 200 hotels in Indonesia by 2020 on the back of the country’s rapid development. At the end of 2016, the company was managing 106 hotels, an increase of 11 units compared to 2015. “We aim to have 200 hotels in Indonesia by 2020,” […]

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Retail Asia27/03/2017

Indonesia’s first airport built on the green concept in Banyuwangi, East Java, is ready to start operations, Banyuwangi District Head Abdullah Azwar Anas stated on Saturday. “It has been ready. God willing, before Eid, it will become operational with the realization of a direct flight service on the Jakarta-Banyuwangi route. There are some technical matters […]

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Retail Asia23/03/2017

Singapore-based company DominoPos has launched its proximity marketing and digital media platform GoToMalls.com in Indonesia. Offering a geo-located, profile-based smart directory of malls and stores in Indonesia, the website aims to revive offline transactions, “bringing the community’s spirit back to the malls through digital media support”. CEO Bruno Zysman says the platform helps offline retail […]

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