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06/05/2024 WhatsApp’s new status update tray with previews is rolling out more widely in beta ( General )
02/05/2024 A Deep Dive into Grade A Buildings in Hong Kong ( General )
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29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
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 )

Retail Asia13/04/2016

D-BOX Technologies and PT Cinemaxx Global Pasifik (Cinemaxx), affiliate of Indonesia’s Lippo Group, are pleased to announce the conclusion of an agreement to install D-BOX immersive motion systems into the first auditorium in Indonesia in 2016. “The addition of D-BOX reinforces our commitment to give moviegoers the best cinematic experience possible” declared Mr. Mohit Dubey, […]

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Retail Asia13/04/2016

Publicly traded lender PT. Bank Negara Indonesia Persero Tbk reported Rp2.9 trillion in net profit in the first quarter of this year up 5.5 percent year-on-year. The profit was attributable mainly to net interest income especially interest on infrastructure credits, Achmad Baiquni, the president director of the state owned bank said here on Tuesday. Its […]

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Retail Asia13/04/2016

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China, Indonesia, South Korea and Thailand have expressed interest in bidding for hosting the football Asian Cup to be held in 2023, the Asian Football Confederation (AFC) said here on Tuesday.During the meeting held in the Malaysian capital, the AFC Competitions Committee announced that the AFC had received expressions of interest from China, Indonesia, South […]

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Retail Asia13/04/2016

Ride-hailing app Uber on Wednesday launched a motorbike taxi service in the Indonesian capital where Southeast Asian rivals Go-Jek and Grab are already battling for dominance. Jakarta is one of the world’s most congested cities and motorbike taxis ordered from a smartphone app have exploded in popularity in the past 18 months as a way […]

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Retail Asia13/04/2016

Through the acquisition Alibaba is to have a firmer grip on the online retail business in Southeast Asia, including Indonesia, the region’s largest economy where Internet and smartphone penetration have been developing rapidly in recent years (although coming from a low base). The Southeast Asian nations where Lazada has been operating so far have a […]

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Retail Asia13/04/2016

The Indonesian Stock Exchange (IDX) expressed optimism that the companies listed on the IDX would provide positive results as the national economy was predicted to grow by above 5 percent. “In 2015, more than 75 percent of stock issuers at the IDX booked profits. Indeed, some of them in the commodity sector recorded somewhat significant […]

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Retail Asia13/04/2016

Indonesia’s PT Visi Media Asia Tbk on Wednesday said it plans to remain a controlling shareholder of PT Intermedia Capital Tbk, and is considering options such as replacing foreign-denominated debt with rupiah debt. The media company, part of the Bakrie Group conglomerate, made the statement after the Indonesia Stock Exchange asked it to address reports in […]

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Retail Asia13/04/2016

Expansion of the Rokot airport on the island of Mentawai off West Sumatra is to be completed in 2019 to accommodate wide bodied aircraft. West Sumatra Vice Governor Nasrul Abit said the Rokot airport which has been in operation since 1980 is being expanded and modernized. The expansion of the airport is important for tourism […]

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Retail Asia13/04/2016

The Indonesia Ministry of Tourism will develop Halal tourism in West Sumatra, a province that has a potential for such a concept just as West Nusa Tenggara province, known for similar tourism. “West Sumatra has a potential for Halal tourism development as culturally, it is known as a religious province,” the Deputy Assistant of Business […]

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Retail Asia13/04/2016

TeleponIndonesia.com has great news for everyone making calls to Indonesia! The international calling website now offers more affordable rates for Voice Credit calls to mobiles and landlines in this country. With TeleponIndonesia.com, calls to Indonesia are now as low as 4.5¢/min. Voice Credit rates have never been lower! Calling a landline in Indonesia used to […]

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Retail Asia12/04/2016

Rocket Internet is selling its Zalora Thailand and Vietnam eCommerce fashion sites. This follows the Alibaba Group investing in Rocket Internet’s Lazada, valued at US$1.5 billion. Zalora, which raised more than $250 million, was once on an equal footing with Lazada, according toTechCrunch. Southeast Asia did not have service from Amazon or eBay when Rocket […]

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Retail Asia12/04/2016

Huawei has launched a new 4K ultra HD streaming video offering during its Big Video Summit in Indonesia. The vendor recently successfully trialed the technology in collaboration with Telkom Indonesia. Huawei’s 4K technology combines fiber broadband and 4K ultra HD video services to help operators develop innovative new broadband and video services. At the summit, […]

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Retail Asia07/04/2016

Japan’s Aeon Mall plans more shopping centres in Indonesia and Vietnam, and is also looking at possibilities in Laos, Myanmar and Thailand. Under its 2020 strategy, it is planning five more outlets for Jakarta, after entering the 250-million-strong market with its first Aeon Mall in Indonesia last year, and will also add three more branches […]

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Retail Asia05/04/2016

After launching its Matahari Mall online shop in October, Indonesia’s Lippo Group is expanding its eCommerce activity into wholesale services. It is set to launch Mbiz.co.id next month, targetting businesses and government institutions. It digitises the procurement process, which Lippo Digital Group CEO Adrian Suherman says translates into efficiency. To offer its customers more choice, […]

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Retail Asia05/04/2016

Growing online sales will not undermine demand for Asian retail real estate, according to the last CBRE study of major international brands. For the seventh edition of How Active Are Retailers Globally?, the real-estate company looked at more than 150 major international brands based in Americas, Asia Pacific and EMEA (Europe, the Middle East and Africa) […]

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Retail Asia05/04/2016

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Taxi and ride app service Grab has formed a strategic partnership with one of the Indonesia’s largest conglomerates to provide logistic services for online shopping. It has signed up with Lippo Group’s MatahariMall, launched last year at a cost of $500 million – the largest eCommerce investment in Indonesia. A competitor to Sequoia-backed Tokopedia, MatahariMall […]

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Retail Asia05/04/2016

While the net income of Indonesian grocery retailer Matahari Putra Prima (MPPA) was below expectations, it recorded slightly improved revenue and sales for the year ended December 31. Its revenue was Rp13.9 trillion ($US2 billion), with sales up 2.5 per cent from Rp13.6 trillion in 2014. Its net income came in at Rp183 billion, giving […]

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Retail Asia05/04/2016

Indonesia-based Masterpiece Auction House will host its first auction in Hong Kong featuring Southeast Asian and Chinese modern and contemporary art works this Saturday (March 26). The public preview will start tomorrow (March 22). Masterpiece Auction House recently opened an office in Hong Kong to help expand its market share of the growing Asian modern […]

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Retail Asia01/04/2016

Indonesia is the most-promising ASEAN eCommerce market, according to Hong Kong-based consultant Paul McKenzie. He told a seminar in Bangkok, organised by brokerage and investment group CLSA, that Indonesia has the greatest potential because of its developing infrastructure and private equity advantage. Thailand is a little behind, he said, with the eCommerce landscape growing but […]

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Retail Asia01/04/2016

Living in a country, which is rich in fisheries resources, the Indonesian people have been urged to eat more fish to increase their protein intake and boost the growth of the nations younger generation. Maritime Affairs and Fisheries (KKP) Ministry said eating more fish will be useful in increasing the peoples protein intake and for […]

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