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18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )
16/04/2024 Google Chat working on adding group audio and video call function within Gmail Spaces ( General )
15/04/2024 Tim Cook arrives in Vietnam ( Electronics )
15/04/2024 Vietravel Airlines reports first profits in 3 years ( General )
11/04/2024 Samsung adds more language availability within Galaxy AI ( Electronics )
11/04/2024 YouTube Music promises Podcasts will get better on the platform ( General )
09/04/2024 WhatsApp to roll out new photo library shortcut for faster sharing ( General )
09/04/2024 Google Messages will soon start to warn you when tapping on links sent by unknown senders ( General )
08/04/2024 Siri might end up King in the realm of digital assistants after iOS 18 AI makeover ( Electronics )
05/04/2024 Google’s “Find My Device” network reportedly launching in 3 days ( General )
04/04/2024 Instagram, Facebook, Whatsapp users are reporting a “Major Disruption” worldwide ( General )

Retail Asia15/01/2017

Publicly listed consumer goods giant Unilever Indonesia has seen it stock value skyrocket by more than a thousand percent over the 35 years it has been listed on the bourse. If an investor bought 1,000 shares at our initial public offering IPO, which [at the time] were worth Rp 3,175 (24 US cents) apiece, its […]

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Retail Asia15/01/2017

Low-cost carrier Citilink Indonesia carried 745,187 passengers during Christmas and New Year holidays, a 2% increase compared to the same period last year of 730,925 passengers. Citilink Indonesia president director Albert Burhan said that the increase was made possible thanks to Citilink’s proposal for extra seats ahead of the peak season at the end of […]

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Retail Asia15/01/2017

Indonesias export of crude palm oil (CPO) and its derivatives fell by nearly 2 percent to 25.7 million tons in 2016 from 26.2 million tons in 2015 from after-effects of the El Nino weather phenomenon. “At the end of 2015, oil palm fruit production fell due to the El Nino-induced drought for all of 2015. […]

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Retail Asia12/01/2017

Grocery retailer Trans Retail Indonesia plans to open dozens of stores this year in a challenge to the online retail industry. This year it will open 30 stores under the Transmart Carrefour brand, says corporate communications GM Satria Hamid, without revealing costs. Trans Retail Indonesia, part of business tycoon Chairul Tanjung’s CT Corp, has decided […]

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Retail Asia11/01/2017

Filipino fashion retail brand Rusty Lopez recently opened its newest store in Jakarta featuring comfortable sandals and casuals made from Marikina, the Philippines’ shoe capital known for producing durable and high-quality footwear. According to a recent report of the Department of Trade and Industry’s Philippine Trade and Investment Center – Jakarta, the store in Sogo […]

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Retail Asia11/01/2017

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Indonesia is seeking to lure more European tourists to visit the country by promoting its national tourism industry in the Matka-Nordic Travel Fair 2017 that will be held from January 19-22 in Messukeskus, Helsinki, Finland. “Indonesia has set the target of attracting at least 2.1 million European tourists to Indonesia,” Deputy Assistant of Europe, Middle […]

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Retail Asia11/01/2017

The government has decided to allow imports of 1.5 million tons of raw sugar to meet domestic demand in the first half of the year. Trade Minister Enggartiasto Lukita said 11 companies had been appointed to import the commodity, adding that it was not yet known when the sugar would arrive in Indonesia. He said […]

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Retail Asia09/01/2017

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Kimia Farma Apotek, the operator of hundreds of dispensaries all over the country, will open 100 more dispensary outlets this year. The subsidiary of the state owned pharmaceutical company Kimia Farma said the new outlets would bring the total number of the companys dispensaries to 1,000 units this year. Chief Executive of Kimia Farma Apotek […]

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Retail Asia08/01/2017

After 2009 when the financial crisis hit most part of the world, labor productivity has fallen in many countries while minimum wages have increased steadily. As a consequence, many retailers and brands owners are experiencing pressure on already low margins, which put larger focus on improving retail store efficiency. Volumes are relatively flat, though in […]

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Retail Asia07/01/2017

Indonesia is setting up an agency that will tackle fake news after a flood of untrue stories on social media, an official said Thursday, including claims China was waging biological warfare against the country using contaminated chilli seeds. The new cyber agency will also seek to protect state institutions from hackers, said presidential spokesman Johan […]

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Retail Asia07/01/2017

Bitcoin Indonesia, a prominent online Bitcoin marketplace for Indonesian traders and investors, revealed a rapid development in its user base after adding over 170,000 members within 12 months. At the beginning of 2016, Bitcoin Indonesia served 80,000 active users on its marketplace. Tens of thousands of members purchased and sold Bitcoin through Bitcoin Indonesia through […]

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Retail Asia07/01/2017

Major retailer Trans Retail Indonesia will open dozens of new stores this year in a bid to attract more visits to its physical stores despite the booming online retail industry. “We will open 30 new stores under the Transmart Carrefour brand in 2017,” Transmart Carrefour corporate communications general manager Satria Hamid told on Friday. However, he declined […]

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Retail Asia07/01/2017

The world is getting more hazardous for skeptical analysts, the banks that employ them and investors who rely on their published research. Even by the rough-and-tumble standards of emerging markets, Indonesia’s punishment of JPMorgan Chase & Co this week for a bearish analysis of the nation’s stock market stands out. The country’s finance ministry cut […]

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Retail Asia07/01/2017

Indonesia’s financial services authority (OJK) has issued its first regulations relating to financial technology, or fintech, companies running peer to peer (P2P) lending services, Deal Street Asia has reported.06 Jan 2017 The regulation lays out minimum capital requirements, interest rate provision and education and consumer protection rules. Every fintech P2P lending firm must now register […]

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Retail Asia07/01/2017

Wake up and smell the coffee. After four years of posting lower production volume and shrinking plantation area, Indonesia is finally making a move to reverse the situation. Despite being the world’s fourth largest coffee producer, the country produces mainly Robusta coffee beans that are of lower quality than Arabica, and its own production volume […]

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Retail Asia07/01/2017

Indonesias Agriculture Ministry has targeted to stop the import of corn that is used as raw material for producing livestock feed in 2017, an official of the ministry stated. The ministry has expanded the corn plantation area by two million hectares and has encouraged feed producers to buy corn produced locally, an official of the […]

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Retail Asia06/01/2017

Indonesian online lingerie store Lolalola closed yesterday, but customers can still shop on its social-media platform. Lolalola says incoming orders will be processed “normally”. There has been no word yet from the startup on why it decided to close down the service, but it could be related to the increasingly tight competition among fashion eCommerce […]

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Retail Asia05/01/2017

Matahari Department Stores (MDS) has increased its ownership in Global eCommerce Indonesia (GEI), the parent company of Indonesian eCommerce startup MatahariMall.com. MDS has paid Rp164.9 billion (US$12.2 million) for 7.3 billion shares, or 3.62 per cent of paid-up capital, in GEI. This gives it a 12 per cent share in total. MDS last ramped up […]

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Retail Asia04/01/2017

More than 4.48 million foreign tourists visited Bali via the resort islands Ngurah Rai Airport from January to November 2016, up 23.52 percent from 3.63 million in the same period last year. Some 4.48 million tourists traveled to Bali by air, and 70,449 others by sea, Chief of the Central Statistics Agency (BPS) Office in […]

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Retail Asia03/01/2017

India and Indonesia will be the Development Bank of Singapore’s “big” areas of focus for this year, its chief executive officer Piyush Gupta has said. “We also remain focused on building leading regional cash management, foreign exchange, debt markets and wealth management franchises,” Gupta said here. “So India and Indonesia will be our big areas […]

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