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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 )

Retail Asia25/04/2016

Indonesia’s XL Axiata swung back to a net profit for the first quarter during what CEO Dian Siswarini said was a “promising start to 2016.” The operator reported a net profit of 20 billion rupiah ($1.5 million) during the period, which compares to a loss of 758 billion rupiah in the same quarter last year. […]

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Retail Asia25/04/2016

Food retailer Spar Asia had “significant” developments during its latest financial year. In a partnership with Ramayana, the Amsterdam-based group opened 15 stores in Indonesia in nine months, had rapid growth in India after re-entering the market in 2014, and saw its China sales rise 6.8 per cent to €1.9 billion (US$2.14 billion). Internationally, its […]

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Retail Asia22/04/2016

Months after its global rollout, Netflix is facing problems in several major Asian markets as it struggles to provide enough strong content to attract consumers amid tough local competition, and also faces many regulatory hurdles, underlining concerns about disappointing subscriber numbers reported this week. From complaints that programming libraries offered in many countries are far smaller […]

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Retail Asia22/04/2016

Bank Indonesia (BI) has received three awards in the The 8th Annual Global Corporate Social Responsibility (CSR) Summit and Awards. Two gold awards are for Excellence in Provision of Literacy and Educational Award with market capitalization above US$1 billion and Empowerment of Women Award. While bronze award was achieved for Product Excellence Award. BI’s Communication […]

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Retail Asia22/04/2016

Hilton Garden Inn, Hilton Worldwide’s upscale global brand of hotels, today announced its entry into Indonesia with the opening of Hilton Garden Inn Bali – Ngurah Rai Airport in Bali. Owned by PT. Anggada Duta Realty Tbk., the hotel brings 291 new rooms to the Hilton Garden Inn brand. ‘We are proud to open our […]

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Retail Asia21/04/2016

Garuda Indonesia has confirmed an order with Airbus for the purchase of 14 A330-900neo, the new re-engined version of the best-selling A330 widebody airliner, to support the company’s growth and business expansion in the future. The deal was signed at a ceremony in London in the presence of the President of Indonesia, His Excellency Joko […]

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Retail Asia21/04/2016

Tea exporters from south are exploring opportunities to double their exports to Malaysia and Indonesia by joining hands with the tea industry in those countries. The exporters’ organisation has signed an MoU with trade representatives in Malaysia to double exports and to create a brand which will cater both domestic and export markets. With Indonesian […]

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Retail Asia21/04/2016

The Indonesia’s flag carrier, Garuda Indonesia, said it is optimistic cargo transport service would contribute 20 percent to its income this year. “I think the target could be achieved. For that purpose we have named a director in charge of cargo transport,” Garuda Indonesia’s commercial director, Toni Soetirto, said here on Tuesday. The target has […]

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Retail Asia21/04/2016

Liverpool FC training kit sponsor Garuda Indonesia has confirmed an order with Airbus for 14 A330-900 aircraft. The planes, the new re-engined version of the best-selling A330 widebody airliner, will support growth and business expansion for the Indonesian airline. The deal was signed at a ceremony in London in the presence of the President of […]

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Retail Asia21/04/2016

The government has made it mandatory for retail businesses across Indonesia to charge customers 1.5 cents for each plastic bag they use. Supermarkets and vendors in cities across Indonesia have begun charging customers for plastic bags in a bid to reduce waste. The government has made it mandatory for retail businesses across Indonesia to charge […]

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Retail Asia20/04/2016

The nations flag carrier PT Garuda Indonesia and British aircraft engine maker Roll Roys signed a 1 billion pound cooperation agreement here on Tuesday. “The results of the meeting between President Jokowi (Joko Widodo) and Prime Minister David Cameron included the agreement between Garuda and Roll Roys worth 1 billion poundsterling,” British Ambassador to Indonesia […]

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Retail Asia20/04/2016

Vice President Jusuf Kalla has opened Indonesian handicraft expo Inacraft 2016 held from today to April 24, 2016 in Jakarta Convention Center, Senayan, Jakarta. The largest Indonesian handicraft expo is participated by over 1,400 handicraft companies, consist of both manufacturers and exporters from 34 provinces in Indonesia that occupy 1,333 stands. The expo has seen an increase […]

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Retail Asia20/04/2016

The company has to date deployed more than 4,500 base stations in Sumatra, Java, Kalimantan, Sulawesi, Bali, Nusa Tenggara, and Papua. According to the operator, 4G subscriber take up is strong. The company has around 5 million 4G subscribers, and is aiming for 12 million by the end of the year. The latest city to […]

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Retail Asia20/04/2016

Singapore sovereign wealth fund GIC has teamed up with Indonesia’s PT Mega Manunggal Property (MMP) to develop a portfolio of quality logistics warehouses over the next three years. The warehouses will boast nearly 500,000 sq m of net leasable area in both Greater Jakarta and Greater Surabaya in Indonesia, the two firms said in a […]

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Retail Asia20/04/2016

Multi-format retailer Matahari Putra Prima (MPPA) has launched a new concept, Boston Combo, inPluit Village mall, Jakarta. MPPA, which runs FMX, Foodmart, Hypermart and SmartClub, this year expanded its Boston Health & Beauty formats across Indonesia. As well as the latest concept, there is the original Boston Health and the new Boston Regular. Boston Combo, […]

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Retail Asia19/04/2016

Flag carrier Garuda Indonesia will hold the Garuda Indonesia Travel Fair (GATF) event starting from April 29 until May 1, 2016 at the Jakarta Convention Center. The event will be held in cooperation with Bank Nasional Indonesia (BNI). “Garuda wants to help passengers prepare their trips with an affordable price,” said A. Toni Soetirto, Garuda […]

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Retail Asia19/04/2016

Unilever Indonesia’s net profit fell 1.2%; however, the media outlet predicts that as the economy now picks up, so too will the multinational’s performance in the country. Unilever is the “undisputed leader in bath and shower” in Indonesia, according to market research firm Euromonitor International, and it looks set to maintain and strengthen this position. […]

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Retail Asia19/04/2016

Two more Apple Stores will open in Jakarta as part of Story-i Indonesia’s retail strategy to expand the network to 18 locations. Story-i has formed a relationship with Singapore-headquartered retail giant Courts to open an initial two Apple stores within its large-format Courts Megastores in Jakarta. Story-i will follow up with two further stores within […]

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Retail Asia15/04/2016

Global digital media company migme Limited (ASX: MIG) (“migme” or the “Company”) confirms the completion of the acquisition of Indonesian ecommerce business Shopdeca. The acquisition sets the framework for migme’s continued expansion into social ecommerce and gives the Company access to Shopdeca’s Indonesian market expertise, business capabilities and experienced staff to grow its Indonesian business. migme refers to […]

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Retail Asia15/04/2016

Bata Indonesia says it has missed meeting its sales targets despite the nation’s improving retail sales. Sepatu Bata, the local arm of the European shoe giant, owns and operates stores across Indonesia and manufactures sandals and shoes under brands Northstar, Power, Bubblegummers, Marie Claire and Weinbrenner. The company reported sales of Rp 1 trillion in […]

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