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26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
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 )

Retail Asia15/11/2016

Seventy percent of the regular train tickets for travel during Christmas and New Year 2017 holidays have been already sold, Bambang Eko Martono, the Director of state railway operator PT Kereta Api Indonesia, said here on Monday. “We are targeting 258 million passengers this year,” Bambang Eko Martono stated. “PT KAI will offer new additional […]

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Retail Asia15/11/2016

OpenHydro, the tidal turbines business of French naval defence group DCNS, will seek to deploy 300 MW of tidal energy capacity in Indonesia by 2023 under a new partnership with local sector player PT AIR. OpenHydro said this week it has entered into a memorandum of understanding (MoU) with PT AIR to create an alliance […]

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Retail Asia15/11/2016

Indonesia and Singapore agreed to develop cooperation in the tourism sector through the signing of a memorandum of understanding (MoU) in Semarang, Central Java, on Monday. Indonesian President Joko Widodo (Jokowi) and Singapore Prime Minister Lee Hsien Loong witnessed the signing of the MoU by Indonesian Minister of Tourism Arief Yahya and Singapore Industry Minister […]

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Retail Asia15/11/2016

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The World Bank had recently released its October 2016 edition of the Indonesia Economic Quarterly (IEQ), titled, Pressures Easing. In the report, which goes through the state of Indonesia’s economy, the World Bank shared a few pillars that are supporting the growth of the country’s economy. The World Bank’s latest projections are for Indonesia’s economy to […]

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Retail Asia15/11/2016

Singapore Prime Minister Lee Hsien Loong and President Joko Widodo (Jokowi) have issued a joint statement, that a cooperation project being built in Central Java is estimated to create 4,000 jobs. Prime Minister Lee and President Jokowi issued the joint statement at Wisma Perdamaian here on Monday. The visiting prime minister said there were many […]

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Retail Asia14/11/2016

After early success in the Philippines, Khun Thai Tea is now eyeing three more Asian markets. The milk tea concept was co-founded by Bronze Media LLP Singapore owners Jeremy Lee and Elis Chai. Lee says the company is about to open its third store in Metro Manila, at MegaMall, with plans for a new kiosk […]

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Retail Asia14/11/2016

Though Indonesia has one of the world’s fastest-growing economies, its electrical grid is faltering, with blackouts common and many factories and homes relying on expensive diesel-powered generators as backup. In 2011, Indonesian coal mining magnate Samin Tan and his company, Borneo Lumbung Energi & Metal, stepped into this energy void. Tan hoped to acquire the […]

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Retail Asia14/11/2016

The volume of e-commerce transactions in Indonesia is still relatively small but the government is taking anticipatory steps in the face of e-commerce industry growth as it is developing as a global trade model. Indonesias e-commerce transactions still account for about one to two percent of retailer transactions or much lower than the global average […]

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Retail Asia14/11/2016

Panic hit domestic financial markets on Friday as investors showed concern over the anticipated policies of US president-elect Donald Trump that may negatively affect Indonesia’s economy. The Jakarta Composite Index (JCI) — the benchmark of the Indonesia Stock Exchange (IDX) — ended in the red on Friday after falling 4 percent to 5,231.97 points, its […]

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Retail Asia14/11/2016

The Indonesian Tourism Ministry and the China National Tourism Administration have agreed to check certain tourism operators who are unprofessional and harm tourists interests. “We are ready to blacklist such operators since tourism is a service-based business. Managing the tourism business ecosystem with a sense of commitment and professionalism is crucial. What is at stake […]

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Retail Asia14/11/2016

The Indonesian government and tobacco farmers are waiting anxiously for the result of a dispute settlement against Australia’s plain tobacco packaging policy that they expect will come out in 2017, more than three years after the government submitted a request for consultations with the World Trade Organization (WTO). The Trade Ministry’s director general for foreign […]

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Retail Asia13/11/2016

Despite attracting more visitors than the last event, this years’ edition of the Indonesia Motorcycle Show (IMOS) failed to record higher transactions following the event’s closing on Sunday. According to data released by IMOS organizers, the biennial event, which ran from Nov. 2 to 6, attracted 90,186 visitors, a slight increase of 0.48 percent compared to […]

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Retail Asia13/11/2016

The EU demands Indonesia to ease trade barriers in the food and beverage (F&B) sector to give European producers more access to Southeast Asia’s largest market, an official representing the world’s largest trading bloc has said. EU Commissioner of Agriculture and Rural Development Phil Hogan said many European producers had expressed their interest to enter the Indonesian market. […]

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Retail Asia13/11/2016

Provinces in the eastern part of Indonesia are seeing robust economic growth in the third quarter thanks to higher commodity prices, but without diversification away from commodities the regions may not sustain such rapid growth, economists say. While the nation’s overall economic growth was 5.02 percent in the July to September period yearon-year (yoy), provinces […]

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Retail Asia12/11/2016

The hotspots are under the network’s “Wifi.id.corner” program, which has users register for accounts and choose from a variety of packages that Telkom touts as affordable. The new Wifi.id.corner spots are split between the island’s capital city, Denpasar, and north Bali city, Singaraja. “In Bali, the fixed broadband services through Wifi.id.corner are spread across 200 […]

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Retail Asia12/11/2016

The Indonesian government has said it will not be in a hurry to seek membership of the US-led Trans-Pacific Partnership (TPP) trade deal following the election of Republican Donald Trump as the country’s president. The decision was made considering Trump’s promise on the campaign trail to scrap the TPP, a multinational trade deal between the […]

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Retail Asia12/11/2016

The government plans to take firm action against illegal imports of textile and textile products as these have been hindering business and impacting ind ustrial growth in the manufacturing sector. “We will take firm action against importers who have so far misused facilities to avoid official levies by the government,” Finance Minister Sri Mulyani said […]

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Retail Asia12/11/2016

The Indonesian government will give preference to Japan to build a Jakarta-Surabaya semi-high speed train project, Transportation Minister Budi Karya Sumadi said. “Japan will receive preference,” he said after a coordination meeting at the Coordinating Ministry for Maritime Affairs here Friday. Despite receiving preference, Japan must continue to meet the qualifications set by the Indonesian […]

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Retail Asia11/11/2016

Coordinating Economic Minister Darmin Nasution believes that the impact of the US presidential election on Indonesia’s economy is only temporary. Darmin said that the government would anticipate changes in the market after Republican presidential candidate Donald Trump won the election. “We shouldn’t be worried about the election. There will be an impact on the economy, […]

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Retail Asia11/11/2016

Indonesia-based leading startup GO-JEK on Tuesday announced that it has acquired Pune-based mobile application developer Leftshift for upscaling its product development, design and engineering platforms. This is the fourth Indian start-up acquisition by the Indonesian startup. “Our partnership with Leftshift over the last one year has been an amazing experience, they are arguably among the […]

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