Don't Miss:
01. May 2024
ABOUTADVERTISE CONTACT
   

Tag: jakarta

Retail Asia08/02/2017
garuda-indonesia-london-heathrow-1024x576.jpg
General

Garuda Indonesia axes first class on London routes

2min0
Garuda Indonesia will no longer be offering first class seating to London from June 20 onwards as it looks to switch from a three-class to two-class Boeing B777-300ER. The configuration change for flights GA086/87 on the carrier’s Jakarta-Singapore-London Heathrow route will increase the overall number of seats from 314 to 393 at the expense of its […]
CONTINUE READING
Retail Asia03/02/2017
grab.jpg
E-Tailing

Grab rides up Indonesia with $700M investment

5min0
Grab has announced plans to invest US$700 million in Indonesia over the next four years, as part of efforts to increase its footprint in a market where it has seen growth. The Southeast Asian ride-sharing operator said Thursday the new investment would support the Indonesian government’s ambition of becoming the region’s largest digital economy by […]
CONTINUE READING
Retail Asia03/02/2017
BNI-bank-1024x717.jpg
Finance

BNI plans to set up subsidiary in Malaysia

2min0
State lender Bank Negara Indonesia (BNI) plans to set up a subsidiary in Malaysia this year after the two countries signed an agreement on reciprocity-based banking business. BNI is waiting for the holding company of state-owned companies in the banking sector to issue a policy, which is currently under process, BNI Director for Treasury and […]
CONTINUE READING
Retail Asia01/02/2017
MUFG-1024x683.jpg
Finance

Japanese leasing firm expands in Indonesia

2min0
Mitsubishi UFJ Lease & Finance Company Limited (MUL) has announced its subsidiary in Indonesia, MULI, has opened a branch in Bandung, in a bid to capture new business as the country’s economy improves. The Bandung Branch is MULI’s second branch in Indonesia following the opening of its Surabaya Branch in October 2014. Since establishing a […]
CONTINUE READING
Retail Asia01/02/2017
IoT-1024x576.jpg
Telecom

Indonesian govt to embrace IoT

4min0
By 2019, 20% of local and regional governments in Indonesia will use IoT devices to turn infrastructure like roads, street lights, and traffic signals into assets instead of liabilities, IDC predicts. This year, however, it said 90% of Indonesian cities will fail to take full advantage of smart city data and digital assets due to […]
CONTINUE READING
Retail Asia01/02/2017
d1ggvJ_Bank-BRI-bri.co_.id_-1024x586.png
Finance

BRI posts net profit of Rp25.8 trillion

2min0
State-owned lender Bank Rakyat Indonesia (BRI) last year posted a net profit of Rp25.8 trillion, up 2.18 percent from a year earlier. The profit growth was attributable to the banks prudential efforts as indicated by a rise in the ratio of reserves to non-performing loans to 170.53 percent in 2016 from 151 percent in 2015. […]
CONTINUE READING
Retail Asia01/02/2017
Eximbank-1024x683.jpg
Finance

Indonesia Eximbank to boost SME exports

2min0
State-owned Indonesia Eximbank will play a pivotal role in boosting small and medium enterprise (SME) exports through export based people’s business credit (Kurbe) and an incubator program. Indonesia Eximbank acting president director Suswijono Moegiarso said it already disbursed Rp 1 trillion (US$74.95 million) Kurbe in 2016, a cross subsidy between big debtors and SMEs. For 2017, […]
CONTINUE READING
Retail Asia26/01/2017
Singapore-hero-cro.jpg
General

Indonesia eyeing slice of Singapore’s market

6min0
The government and state owned enterprises have sent a strong signal that they will strengthen the role of Tanjung Priok Port as an international trade hub, taking over a slice of the transshipment market currently dominated by Singapore. Transportation Ministry Director General for Sea Transportation Antonius Tonny Budiono said the government and state-owned port firms, […]
CONTINUE READING
Retail Asia26/01/2017
Mercedes-E-Class-1024x509.jpg
Automotive

Mercedes-Benz begins local assembly of CKD E-Class

2min0
Mercedes-Benz Distribution Indonesia (MDI), the local distribution arm of German car manufacturer Daimler AG, launched on Tuesday the fifth generation of its mid-size luxury sedan E-Class. The sedan is assembled from the completely knocked-down (CKD) version in its Wanaherang plant, following an earlier move to introduce the completely built-up (CBU) version last August. MDI president […]
CONTINUE READING
Retail Asia24/01/2017
Digital-Experience-1024x499.jpg
General

Indonesian mall integrates tech in the shopping experience

10min
Supermal Karawaci, one of the largest mall entertainment center in Western Jakarta, has launched an interactive mobile application that would allow retailers to offer personalized content and engage with customers better. The 125,000-square-meter retail destination in Banten Province, West of Jakarta has over 1,000 retail stores and outlets, three cinemas and the largest Timezone arcade […]
CONTINUE READING
Retail Asia24/01/2017
digital-pie-1024x576.jpg
Research

Digital transformation and what it means for Indonesia

4min0
Digital transformation will attain macroeconomic scale in Indonesia over the next 2-3 years, according to new predictions from IDC. The analyst firm says this will change the way enterprises operate and reshape the global economy. IDC calls this as the dawn of the DX Economy. “As digital transformation reaches macroeconomic levels, a DX economy will […]
CONTINUE READING
Retail Asia23/01/2017
Digicoop-1024x658.jpg
Electronics

Indonesia’s cooperative kicks off smart phone production

5min0
Jumping on the bandwagon of local cell phone production, newly-founded cooperative Koperasi Digital Indonesia Mandiri (KDIM) on Friday started the production of a locally built smartphone under the brand of Digicoop. The smartphone is set to bolster the domestic cell phone market currently dominated by big players, especially foreign manufacturers. The initial model comes with […]
CONTINUE READING
Retail Asia20/01/2017
cinema-1024x683.jpg
Living

Indonesia’s CT launches cinema blitz to boost retail chain

5min
Indonesia’s CT Corp. is partnering with cinema operators to open movie theaters in its commercial complexes. The retail and media conglomerate hopes to tap growing demand for entertainment and gain an edge over other retailers. On Wednesday, CT retail arm Trans Retail announced a partnership with Graha Layar Prima, operator of the CGV cinema chain (formerly known […]
CONTINUE READING
Retail Asia19/01/2017
HSBC-1024x766.jpg
Finance

Greenpeace Claims HSBC Helped Financing Deforestation

2min0
Greenpeace International launched a new report on Tuesday, January 17, 2017, accusing British HSBC of supporting deforestation. The report stated that British HSBC provided financial services to palm oil companies that are causing rainforest destruction and human rights abuses in Indonesia. The report titled “Dirty Bankers: How HSBC is financing forest destruction for palm oil“, […]
CONTINUE READING

Newer Posts

Older Posts

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CONTACT US
CALL US ANYTIME
Most read
Retail updates

Stay up to date of the lates updates and retail news from Asia.






X