Tag: indonesia

Retail Asia11/11/2016
google-tax-1050x525-1024x512.jpg
2min0
Director General of Tax Ken Dwijugiasteadi confirmed that Google Asia Pasific Pte Ltd will settle their tax debts by the end of 2016. The government has decided to negotiate with the company instead of filing a report to the police. “Google must pay their tax debts this year, the company and the government will release […]

Retail Asia11/11/2016
rich-content_promo-e-money-Mandiri-valentineshio5-1024x560.jpg
5min0
Indonesia’s Lippo Group is turning e-commerce, electronic money and other information technology-related enterprises into a new pillar of its business, closely monitoring spending trends to gain a better foothold in the greater Southeast Asian market. The next phase for the banking and real estate conglomerate “will be the fourth industrial revolution,” CEO James Riady told […]

Retail Asia11/11/2016
Lab_Internet_dan_eCommerce1-1024x682.jpg
5min0
With other Southeast Asian countries already having prepared the ground for the digital economy to prosper, the Indonesian government has finally taken the initiative to spur the growth of e-commerce within its own boarders. Announced on Thursday evening, the 14th economic policy package will tackle eight issues that could determine the success of President Joko […]

Retail Asia11/11/2016
milk.jpg
4min0
Legislator of Commission X of the House of Representatives (DPR), Dwita Ria Gunadi wants to increase milk production and consumption because the per capita milk consumption in the country is still lower than other Asian countries. “The per capita milk consumption in 2015, based on data from the Agriculture Ministry was only 12.1 liters per […]

Retail Asia11/11/2016
Husein-airport-1024x410.jpg
2min0
Bandung, West Java – Indonesia’s state-owned airport services company, PT Angkasa Pura II, expects the Husein Sastranegara airport in Bandung, West Java, to start handling international flights from Bandung to cities in China or Bandung to Bangkok (Thailand) in 2017. “The airport expansion project will be completed by the end of 2016. The new terminal […]

Retail Asia10/11/2016
southeast-asia-infra-1024x682.jpg
1min0
Indonesia plans to sell electricity to Malaysia, Thailand and Singapore as the government is targeting greater profitability from several coal mine-mouth power plants that are anticipated to soon be completed in Sumatra. National Development Planning Board (Bappenas) head Bambang Brodjonegoro said the plan was feasible as the power plants would have excess capacity. “We can sell […]

Retail Asia10/11/2016
PNG-Air-1024x682.jpg
2min0
Papua New Guinea has reiterated its plan to open a flight route from Mount Hagen to Jayapura during a meeting of the Border Liaison Officers held in Port Moresby, an Indonesian official said. Papua New Guinea will soon realize its plan but has not set a specific date for it, Director for East Asia and […]

Retail Asia10/11/2016
music-streaming-1024x721.jpg
5min0
Music streaming is quickly becoming a favored service, offering Indonesia’s music-seeking public a legal means to access music. However, with a majority of Indonesians possessing low-end smartphones, the outlook may not be as rosy as some think. According to a new report by McKinsey, the prevalence of low-cost smartphones among mass market consumers in Asia, […]

Retail Asia10/11/2016
airasia-1-1024x683.jpg
3min0
The Malaysia-based low cost carrier AirAsia will soon serve the Kuala Lumpur-Jakarta-Labuan Bajo route, according to East Nusa Tenggara Tourism and Creative Economy Office Chief Marius Ardu Jelamu. “There has been an agreement with the central government and the airline company that AirAsia will serve this new route starting from next year,” Jelamu said here […]

Retail Asia10/11/2016
VICE-Media-1024x688.jpg
9min0
VICE Media, the world’s leading youth media brand, today announced a major market expansion into Indonesia, the world’s fourth largest nation. VICE will launch a full-scale operation in Indonesia, producing local content and creative agency services to reach the skyrocketing young population of over 100 million people in the country. In addition, VICE today announced […]

Retail Asia10/11/2016
donal-trump-indonesia-1024x731.jpg
2min0
The US President Elect Donald Trump will want Indonesia to agree to ratify international trade commitments including APEC and the Indonesia-US Strategic Partnership. “Donald Trump will be interested in making investments in the infrastructure sector, including air, land and sea ports, especially investments that have the potential to lessen the influence of the Peoples Republic […]

Retail Asia10/11/2016
ecommerce-1024x682.jpg
2min0
Bank Indonesia (BI) will make another revision to regulation on electronic money and introduce electronic wallet in the Bank Indonesia Regulation. The new regulation on the payment transaction processing is expected to be finalized in November 2016. Bank Indonesia deputy governor Ronald Waas said that one of the revision points is related to the expansion […]

Retail Asia10/11/2016
Harga-BBM-Sudah-Naik-Pertamina-Justru-Catat-Kerugian-Rp12triliun-1024x743.jpg
4min0
PT Pertamina made a net profit of US$2.83 billion in the third quarter of this year, 209 percent more than the US$914 million it made in the third quarter in the previous year. The president director of the state-owned oil and gas company, Dwi Soetjipto, on Tuesday credited the achievement to improved operational performance and […]

Retail Asia09/11/2016
Kenalkan-1024x688.jpg
2min0
Under Secretary for Finance and Material, Department of National Defense of the Philippines (General Retirement) Raymundo Elefante, said that his country is currently interested in purchasing Indonesian defense products to modernize the Philippines’ weapons and combat equipment. Raymundo said that two NC212i airplanes he had inspected at PT Dirgantara Indonesia (PTDI) is part of the […]

Retail Asia09/11/2016
Arnava-Hotel.jpg
3min0
Amor added the Adonara Group will open the 20 new hotels in Bali, Makassar (Sulawesi), Yogyakarta, Bangka (administratively part of Sumatra) and Solo (Central Java). These locations were selected as local demand for hostelry is considered high enough. Moreover, the central government of Indonesia has high hopes for the tourism sector. By expanding the tourism […]


About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.


CONTACT US

CALL US ANYTIME

Most read



Retail updates

Stay up to date of the lates updates and retail news from Asia.








X