indonesia

Retail Asia16/03/2016

Few villagers living near a half-built golf course in Indonesia’s West Java province know the name Donald Trump, and fewer still are aware that one of his firms will be managing a six-star hotel and luxury resort in their backyard. But in the capital, Jakarta, a growing number of Indonesians want the U.S. presidential candidate […]

Retail Asia16/03/2016

Vietnam’s coffee premiums held steady, with farmers slowing sales on concerns over dry weather affecting output, while domestic buying and thin stocks in Indonesia helped to raise outright prices, traders said on Thursday. The dry season in Vietnam, the world’s top robusta producer, is peaking, with water shortages forecast to cut 2016/2017 output. Rival producer […]

Retail Asia16/03/2016

iFlix CEO Mark Britt shows his company’s streaming TV series and video service on a gadget. The Malaysia-based company has just received a capital injection from Indonesia’s Emtek and Rupert Murdoch’s Sky plc., the owner of national TV stations SCTV and Indosiar, has spread its wings by investing in Malaysia’s streaming movies and TV series […]

Retail Asia16/03/2016

Indonesia has offered an investment opportunity in the film industry to China with regard to developing national film industry. “We are offering 100 percent foreign ownership to support creative industry in Indonesia,” the head of Investment Coordinating Body (BKPM), Franky Sibarani, said at an Indonesia Business Forum on Thursday. He said Indonesia has the fourth […]

Retail Asia16/03/2016

As the startup industry in Southeast Asia develops, we become increasingly familiar with fast changes and daily happenings that continually make the news. It seems that every new day brings with it a flashy new tech startup, else a venture investment that makes your salary seem like nothing at all. However, we often forget that […]

Retail Asia16/03/2016

The rapid development of the digital world has encouraged internet data and content providers to expand their business to developing countries like Indonesia. The problem is that Indonesia is not prepared for this development. Although there are almost 100 million internet users in Indonesia, this business is not adequately regulated. Today, internet data and content […]

Retail Asia16/03/2016

Berlin (Antara)- Indonesias pavilion featuring a Phinisi tall ship, Indonesia legendary seafaring icon, has won the Best Exhibitor Award for the Asian, Australian and Oceania region in the Internationale Tourismus-Bourse (ITB) Berlin held in Messe Berlin, Germany, on March 9-13, 2016. Tourism Minister Arief Yahya here, Saturday evening, said he was proud that Indonesias pavilion […]

Retail Asia16/03/2016

State-own electricity company (PLN) recorded a power sale of 16.52 tera watt hours (TWh) in February 2016, up 10.41 percent compared with that in the same month in 2015. PLN Commercial Division Head Benny Marbun said in Jakarta on Sunday that the February sale maintained the relatively high upward trend in January 2016. “Hopefully, the […]

Retail Asia16/03/2016

An investor from South Korea wants to invest US$80 million in shipping business in Indonesia, the Capital Investment Coordinating Board (BKPM) said. The unnamed investor is especially interested in operating liquefied natural gas (LNG) tankers, BKPM chief Franky Sibarani said. The Korean investor hoped to operate two LNG tankers in the country, Franky, who visited […]

Retail Asia16/03/2016

The Indonesian Rattan Furniture and Craft Association (AMKRI) has set a target for the 2016 Indonesia International Furniture Expo (Ifex), held in Jakarta on April 11-14, 2016 with a theme of “The Essence of Infinite Innovation”, to attract 10,000 visitors with a total transaction value of US$350 million. “We also set a target to achieve a follow […]

Retail Asia16/03/2016

Indonesia’s struggling textile and garment sector could get a badly needed dose of investment. A French company specializing in sports apparel has plans to pump $500 million into the archipelago. Franky Sibarani, chairman of the Investment Coordinating Board (BKPM), did not disclose the name of the company, but revealed that it’s based in Lille in […]

Retail Asia16/03/2016

As the theme for the mall’s anniversary celebration suggests, the fashion week will reflect the so-called “now generation” by putting emerging local designers under the spotlight. On Tuesday evening, young designer Yosep Sinudarsono will present his space-inspired spring-summer 2016 collection, continued with Rama Dauhan, whose streetwear designs will be infused by Morrocan and Spanish influences. […]

Retail Asia16/03/2016

Entering its fourth year of operations, regional e-commerce giant Lazada Group is seeking to expand its customer base in more major Indonesian cities in a bid to win the online store competition in Southeast Asia’s biggest economy. Lazada Indonesia CEO Magnus Ekbom said Monday that the company would focus on intensifying its presence in major […]

Retail Asia16/03/2016

PT Pertamina (Persero) has issued circular letter on general fuel (BBM umum) and designated fuel (BBM khusus) prices in its Marketing Operation Region III. Based on circular letter no 518/F13410/2016-S3, general and designated fuel prices have changed at Region III Pertamina which consist of 27 public gas stations in West Java. New prices listed in […]

Retail Asia16/03/2016

Indonesian President Joko Widodo (Jokowi) received the visit of Princess Astrid of Belgium, who led a business delegation to discuss opportunities to enhance economic cooperation between the two countries. During the courtesy visit to the Presidential Palace here on Tuesday, Princess Astrid was accompanied by five Belgian ministers and some 205 representatives from 127 Belgian […]

Retail Asia16/03/2016

Indonesia has opened an opportunity to export instant noodles to Palestine after it has successfully shipped 15 containers to West Bank. Foreign Minister Retno LP Marsudi said at the presidential palace compound here on Tuesday following the official opening of the Indonesian Honorary Consulate in Ramallah, economic cooperation between the two countries should increase. “The […]

Retail Asia16/03/2016

The Indonesian Chamber of Commerce and Industry (Kadin) has approved the operation of online-based transportation services, such as Grab Car and Uber. However, Kadin had put out several requirements that must be fulfilled by online-based transportation services before they can operate in Indonesia. “We, [the members of] Kadin appreciates technology that can facilitate and promote […]

Retail Asia16/03/2016

Indonesia and Belgium have agreed to intensify economic cooperation, particularly in the fields of trade and investment. Both nations reached the agreement during a meeting between Indonesian President Joko Widodo (Jokowi) and Princess Astrid of Belgium at the Merdeka Palace here on Tuesday. Princess Astrid is in Indonesia to lead a 300-strong Belgian business delegation […]

Retail Asia16/03/2016

US-based technology and manufacturing firm Honeywell plans to tap into Indonesia’s robust infrastructure development, especially of airports and railways, that is aligned with President Joko “Jokowi” Widodo’s vision for the coming years. The company acknowledges Jokowi’s ambitious program to execute infrastructure construction worth more than US$400 billion from 2015 to 2020 to spur economic growth […]

Retail Asia16/03/2016

The Commission for the Supervision of Business Competition (KPPU) noted at least 12 companies are suspected to be involved in chicken cartel practices. “Now the case has entered the court trial stage,” said Muhammad Syarkawi Rauf, Chairman of the KKPU to us on Wednesday, March 9, 2016. Syarkawi said that the 12 companies allegedly control chicken […]

Tag: indonesia

Trump’s luxury hotels in Indonesia could face backlash over his anti-Muslim remarks

Vietnam’s Coffee sales slow, Indonesian premiums rise

Indonesia’s Emtek, Murdoch invest in Malaysia’s

Indonesia Offers Investment in Film Industry to China

Behind the glitz and glamour is where Indonesia can shine, says Anchanto CEO

New Rule for Foreign Internet Data and Content Providers

Indonesia Wins Award in Berlin Travel Fair

Electricity sales grows 10.41 pct

Korean investors to venture in sea transport business in Indonesia

Indonesia International Furniture Expo Targets US$350 Million

Is French Company Decathlon Looking to Invest $500M in Indonesia?

Plaza Indonesia Fashion Week Celebrates New Generation of Indonesia Designers

Lazada to intensify promotion, presence in major Indonesian

Pertamina Issues New Fuel Prices

President Jokowi receives visiting Belgian princess

Indonesia exports instant noodle to Palestine

Kadin Allows Uber and Grab Taxi to Operate in Indonesia

Indonesia, Belgium agree to enhance economic cooperation

Honeywell to tap into Indonesia’s infrastructure projects

KPPU Uncovers Chicken Cartel Practices