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Tag: indonesia

Retail Asia20/10/2016
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Living

Indonesian herbal medicine to be marketed abroad

2min0
An original Indonesian herbal medicine, Jamu, will be marketed abroad in the Middle Eastern and ASEAN regions, the chairman of the Jamu Association of Central Java, Nyoto Wardoyo, said here on Wednesday. Jamu is made from natural materials, such as roots, bark, flowers, seeds, leaves and fruits. “Indonesias ambassadors in various countries have started to […]
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Retail Asia20/10/2016
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General

Hotel occupancy rates increase in Bali

3min0
The occupancy rates of star rated hotels in Bali averaged 72.40 percent in August or an increase of 1.76 percentage points from 70.62 percent in the previous month. “The occupancy rate was quite encouraging when visits by foreign tourists shrank 9.52 percent in Bali compared with the previous month,” head of the Bali branch of […]
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Retail Asia20/10/2016
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Automotive

Renault launches two new cars in Indonesia

2min0
Despite a bleak forecast for the automotive market in Indonesia, French carmaker Renault and its local partner PT Auto Euro Indonesia launched two new products in Jakarta on Wednesday: the KOLEOS and KWID. Serge Yoccoz, Renault ASEAN director of operations, said Indonesia was one of only a few countries to see the launch of the […]
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Retail Asia20/10/2016
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E-Tailing

Local e-commerce not fazed by Alibaba expansion plan

2min0
Local e-commerce company Bukalapak is not worried about Chinese giant Alibaba’s plan to expand into Indonesia as local players can still compete with foreign ones, the company’s co-founder said. Bukalapak co-founder and chief financial officer Muhammad Fajrin Rasyid said that unlike social media, which adopted a general model for their users worldwide, e-commerce business models […]
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Retail Asia20/10/2016
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Food

Indonesia`s food and beverage companies show their product in Paris

3min0
Twenty of Indonesias food and beverage companies from around the country have displayed their products at Salon International de Lalimentation (SIAL) in Paris, France. The Industry Ministry of Indonesia has assisted these companies in displaying the diversity of Indonesia’s leading products, ranging from coffee, soft drinks, processed oil, health drinks, snacks, biscuits, instant noodles, processed […]
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Retail Asia20/10/2016
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General

Rudiantara to Not Give Up on Google Tax

1min0
The Communication and Informatics Minister Rudiantara said that his office and the finance ministry are working to collect tax search engine, Google. “I support the effort. We will not give up,” he told Tempo in Pontianak, West Kalimantan on Tuesday, October 18, 2016. Rudiantara said he has no idea why Google tends to avoid paying taxes. […]
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Retail Asia19/10/2016
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E-Tailing

Sprooki platform to launch in Indonesia

3min0
Shopper-engagement platform Sprooki will launch in Indonesia next month at the 125,000 sqm Supermal Karawaci retail precinct in western Jakarta. It will be integrated with the precinct’s touchpoints and mobile apps, allowing retailers to offer customers individualised content such as vouchers, special offers, event alerts and store information. Sprooki Michael Gethen and Claire Mula Customers will […]
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Retail Asia19/10/2016
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General

KAI Offers Train Cars to Myanmar

2min0
State-owned railway company PT Kereta Api Indonesia (KAI) has offered at least 600 old train cars to Myanmar. “We have about 600 20-year-old cars. They can run up to 60 kilometers per hour. But they need to be reconditioned,” KAI director of logistics and development Budi Noviantoro said in Yogyakarta. Budi explained that his company […]
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Retail Asia19/10/2016
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Electronics

BlackBerry responds to ‘made in Indonesia’ regulations

3min0
BlackBerry’s decision to license software and outsource handset production globally represents a win for the Canadian company’s biggest market, Indonesia, which is seeking a larger share of the smartphone value chain. BlackBerry’s new venture signed last month with an affiliate of PT Telekomunikasi Indonesia, the country’s largest wireless carrier, will see its Indonesian partner produce, […]
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Retail Asia19/10/2016
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General

Imports in September down 8.78 percent

2min0
The value of imports in September, which amounted to US$11.30 billion, has dropped by 8.78 percent compared with the previous month, which was US$12.38 billion, the Central Bureau of Statistics (BPS) has said. “Indonesias imports in September 2016 amount to US$11.30 billion, down 8.78 percent from August, or down 2.26 percent if compared to September […]
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Retail Asia18/10/2016
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General

Asian cities set to surge up retail hub rankings

11min
Asia is home to more than half the world’s most dynamic retail hubs, according to new research that reinforces images of the region’s mall-strewn megacities. The research, by professional services and investment management company JLL, says 12 of the fastest-growing retail cities are in Asia, with eight in China alone — another indication that global […]
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Retail Asia18/10/2016
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E-Tailing

Lazada stays online

5min
While some global e-commerce giants, including Amazon Inc, are planning to build brick-and-mortar convenience stores, Lazada Malaysia will focus on things it does best — selling inventory to customers from its warehouses through its online platform. Its chief executive officer (CEO) Hans-Peter Ressel said Lazada Malaysia will concentrate on strengthening its online shopping business, rather […]
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Retail Asia18/10/2016
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Research

Take a bite out of the Indonesian digital pie

4min0
Recent research has highlighted the potential increase in digital ad spend in Indonesia over the next five years. Brands yet to venture into Indonesia’s booming digital ecosystem must expedite their entry strategies to ensure getting a share of this lucrative pie. A report has highlighted the growing potential of digital retail from Indonesia. This is attributed […]
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Retail Asia18/10/2016
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Food

Brazil Challenges Indonesia`s Halal Certification Policy

2min0
Brazil has filed a complaint against Indonesia to the World Trade Organization (WTO), challenging Indonesia’s halal certification requirements for imported meat. The trade dispute has been registered in Indonesia-Measures Concerning the Importation of Chicken Meat and Chicken Products No. DS:484. The second substantive meeting was held on October 11-12 at the headquarters of the WTO […]
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Retail Asia18/10/2016
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General

Indonesia eyes 2017 relaunch for Merpati

2min0
Merpati (MZ, Jakarta Soekarno-Hatta) is planning to resume commercial operations during the course of 2017 the Deputy for Restructuring and Business Development in the Indonesian Ministry of State Owned Enterprises, Aloysius K. Ro, has announced. Merpati ceased operations in February 2014 after it failed to service nearly IDR7 trillion worth of debt owed to other […]
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Retail Asia18/10/2016
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Real Estate

Modernland finds new stepping stone with Jardine group

4min0
Indonesia’s promising property market has attracted multinational real estate firms to collaborate not only with domestic peers but also international partners. An alliance between the Astra group, Hongkong Land and Modernland Realty shows this well. Astra Land Indonesia and Mitra Sindo Makmur have created a joint venture to acquire 70 hectares of land in Cakung, […]
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