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Tag: indonesia

Retail Asia01/11/2016
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General

Apple to Build Innovation Center in Indonesia

2min0
Industry Minister Airlangga Hartanto supports US-based technology giant Apple’s plan to build innovation centers in Indonesia. He hopes the facilities will trigger the use of domestic components and raise the number of app developers in Indonesia. “They have expressed their commitment to build innovation centers along with Apple’s plan to enter Indonesia’s market,” Airlangga said […]
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Retail Asia31/10/2016
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E-Tailing

Pomelo boosts funding to $11m

2min0
Thai online fashion retailer Pomelo has raised a follow-on round, bringing its total Series A funding to US$11 million. This round was again led by Singapore-based Jungle Ventures, with participation from existing investors and new contributors including 500 Tuk Tuks (a fund of major venture capitalist 500 Startups), Andre Hoffmann and Jonathan Price. Pomelo says […]
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Retail Asia31/10/2016
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General

Garuda Indonesia plans to connect Mumbai with Jakarta

1min0
Garuda Indonesia plans to expand its service to India at the end of this year by opening a new route from Mumbai to Jakarta. Garuda Indonesia’s vice president of corporate communications Benny S. Butarbutar told that the airline had received support from the Transportation Ministry and the new service would use Airbus 330 and Boeing 777 […]
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Retail Asia31/10/2016
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Fashion

Multi-brand boutique Project X launches

3min0
Project X, a multi-brand boutique that caters to young creative minds, has launched at Plaza Indonesia in Jakarta. From Time International, Project X offers a new take on men’s and unisex casual fashion and lifestyle. Its curated retail concept introduces 22 international brands and includes innovative designs in apparel, bags, shoes and accessories such as sunglasses […]
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Retail Asia31/10/2016
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General

Taiwan seeks more business opportunities with Indonesia

4min0
Taiwan expects to boost its bilateral trade with Indonesia through the introduction of the so-called “New Southbound Policy” by its new government. The policy, adopted under the leadership of President Tsai Ing-wen, who was inaugurated in May, aims to strengthen Taiwan’s cooperation with nations in South and Southeast Asia, as well as Australia and New […]
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Retail Asia31/10/2016
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Food

Government issues permit to import 123,800 feedlot cows

2min0
Indonesias Trade Ministry has issued a license to import 123,800 feedlot cows in the third semester of this year after feedlot businesses committed to import 20 percent heifers of the total cattle imports. “For the third semester of 2016, the import agreement letter (SPI) has been issued for 32 importer companies to import 123,800 heads […]
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Retail Asia31/10/2016
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Food

No more rice imports this year

3min0
President Joko Widodo (Jokowi) has assured that Indonesia will not import rice at the end of this year because the countrys rice stock is adequate until May 2017. Rice production has increased dramatically from some 1,030,000 tons during September to October 2015, to 1,990,000 tons in October 2016. The increase was merely thanks to prime […]
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Retail Asia31/10/2016
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Finance

Iran, Indonesia talk banking ties

2min0
An Iranian banking and financial delegation has paid a visit to Indonesian capital city of Jakarta to discuss facilitating banking ties between the two countries. During the visit, the sides called for removing the obstacles hindering the expansion of banking ties between the two countries, IRNA news agency reported Oct. 29. The Iranian delegation, headed […]
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Retail Asia30/10/2016
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E-Tailing

Ride-hailing app Grab brings GrabBike services to Bali

2min0
Watch out Gojek, competitor GrabBike has come to Bali. Ride-hailing app Grab has announced that it launched both GrabBike and GrabExpress services in Bali, as of Oct. 22.  Like Gojek, GrabBike allows you to order motorbike taxis, while GrabExpress is Grab’s courier service. Also in common with Gojek, the app’s drivers use black and green colors. […]
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Retail Asia27/10/2016
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Food

Hokkaido Baked Cheese Tart heads to Australia

2min0
Food enterprise ST Group has launched Japanese-style Hokkaido Baked Cheese Tart outlets in Australia. Using a traditional recipe involving three cheeses from Japan’s dairy heartland of Hokkaido, the tarts have already been introduced in Brunei, Indonesia, Malaysia, Shanghai and Singapore. Six outlets are planned for Australia, three in Melbourne to be followed by three in […]
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Retail Asia25/10/2016
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Fashion

Oysho lingerie arrives in Indonesia

1min0
Spanish lingerie brand Oysho, owned by Inditex, continues its international expansion with the opening of its first store in Indonesia. In Jakarta’s centre, the 300 sqm shop is in Plaza Indonesia, a shopping centre that is also home to other Inditex brands such as Zara, as well as luxury labels including Burberry, Chanel, Hermes and […]
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Retail Asia24/10/2016
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Finance

HSBC plans to inject $1 billion into Indonesia business

2min0
HSBC plans to inject $1 billion of additional capital into its combined Indonesian business with PT Bank Ekonomi Raharja, an official at the Indonesian financial regulator, Ariastiadi, said on Thursday. HSBC separately said it would integrate its Indonesian business with Bank Ekonomi, but a bank spokeswoman in Indonesia declined to comment on the planned capital […]
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Retail Asia24/10/2016
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General

Industry risks startup bubble

7min0
Kaskus co-founder Ken Dean Lawadinata has broken his silence after marching out of one of Indonesia’s most prominent technology platforms, citing higher “risk” in the industry and even “a little bit of a bubble”. “I think right now the IT market is in a bit of a bubble in Indonesia, with everyone asking ridiculous valuations […]
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Retail Asia23/10/2016
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General

Loyalty Program Pointo Aims to Manage Points Across Region

2min0
“For points issuers, the Pointo system will help them limit their budget on marketing and add more value to its customers. Meanwhile for point receivers, it would help them generate more revenue as it would increase transactions,” Pointo Point Exchange chief executive Ari Stefanus said on Wednesday. Pointo now registers issuers including grocery stores Ranch Market […]
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Retail Asia23/10/2016
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Living

Opportunity Grows in Indonesia as Tourism Sector Blooms

9min0
The government’s ‘Wonderful Indonesia’ campaign (which began in 2011) has transformed Indonesian tourism into a vibrant, lucrative, and rapidly growing industry. Alongside national ‘gems’ like the ancient Borobudur Temple, the divers’ haven of Raja Ampat, and the Komodo National Park, a host of new destinations are becoming established – among them Bintan, Maluku, and Lombok. Tourism is […]
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Retail Asia22/10/2016
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Fashion

Bata moves infrastructure into the cloud

4min0
Datapipe has partnered with footwear retailer Bata to drive its digital transformation by moving its technology infrastructures to the cloud. Bata is seeing strong growth in Asia’s multibillion-dollar footwear market, specifically in India, China and Southeast Asia. The company tapped Datapipe, a specialist in managed cloud services for the enterprise, to manage its cloud deployment […]
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Retail Asia21/10/2016
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Telecom

Telkom picks HAUD for A2P SMS monetization

3min0
Telkom Indonesia has adopted HAUD’s A2P SMS monetization and SS7 security managed services to create new sources of revenue and improve subscriber experience for the operator. The managed service agreement with HAUD will help Telkom Indonesia mitigate any lost A2P revenue, and its subscribers are protected from spam and fraudulent SMS traffic. Through its Revenue-as-a-Service […]
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