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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 )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )
18/04/2024 Apple CEO Tim Cook says it is considering a manufacturing facility in Indonesia ( Electronics )
18/04/2024 Google Maps to show alternate transit and walking directions along with driving routes ( General )
17/04/2024 Apple releases iOS 17.5 beta 2 giving EU iPhone users more unique capabilities ( E-Tailing )
17/04/2024 WhatsApp rolls out new chat filters to help you locate unread and group conversations ( General )

Retail Asia13/09/2016

Multinational chocolatiers have spent almost 20 years trying to crack Indonesia’s booming confectionary market, only to build a share that pales in comparison with other emerging economies as long-established local producers fend off foreign incursions. Nestle, Cadbury’s owner Mondelez International, Mars Inc and Ferrero SpA together hold just one-tenth of a $1 billion market led […]

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Retail Asia13/09/2016

Never mind that Singapore is experiencing one of the worst property slumps in its history, demand for luxury housing is suddenly coming from an unexpected group: wealthy Indonesians. This year’s purchases by Indonesian nationals of homes valued at S$5 million or more have already nearly quadrupled from last year’s total. The stepped-up buying coincides with […]

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Retail Asia13/09/2016

Indonesia is hosting the fourth Asian SME (small medium enterprise) Conference 2016, from Sept. 13 to 17 in Kota Kasablanka shopping mall in South Jakarta. Cooperatives and SMEs Minister Anak Agung Gede Ngurah Puspayoga said the conference should facilitate SME players in strengthening their competence to face the global competition. “I hope SME players get optimally […]

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Retail Asia11/09/2016

National carrier Garuda Indonesia plans to serve flights to the United States starting next year. Vice President Corporate Communications Garuda Indonesia Benny S. Butarbutar said Garuda’s plan to fly to the United States is one of the measures to strengthen its business expansion. “The plan to fly to the United States is business expansion to […]

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Retail Asia06/09/2016

As of 2016, according to the Central Statistics Agency’s estimations, Indonesian millennials — born between the 1980s and early 2000s — make up about 41 percent of the 258.8 million population. “The future will be in OTT and many want to capture this market. The number of millennials is going to be big in Indonesia and infrastructure is […]

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Retail Asia06/09/2016

Bank Indonesia will soon issue a new policy in payment system — “National Payment Gateway” (NPG) — to prevent outflow of fund in the “e-commerce” transactions that will help redress the countrys domestic trade balance . “Soon we will issue a policy of national payment gateway. All payment systems in the country from various providers […]

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Retail Asia06/09/2016

Two of Indonesia’s wealthiest men say they will participate in a government-led tax amnesty to clear their past omissions, boosting the scheme’s credibility. Mr James Riady, the son of Lippo Group’s founder, went to the Jakarta tax office yesterday to take part, said his spokesman Danang Kemayan Jati. Mr Tahir, founder of Bank Mayapada, who […]

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Retail Asia06/09/2016

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The Minisitry of State Owned Enterprise of Republic of Indonesia (MSOE), announced on Friday that it will hold Indonesia Business and Development Expo (IBDExpo) 2016 on September 8-11, 2016 in Jakarta Convention Center. This event is organized by National Publishing and News Corporation (NPNC), a consortium of media-focused SOEs consisting of Antara News Agency, Balai […]

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Retail Asia02/09/2016

Emerging subscription-based streaming video service iflix intends to set itself apart from Netflix by becoming a social media platform for television, according to company executive. “Netflix is very much into an original production base… they are really focusing their investment on content and user experience and interface,” Cam Walker, chief executive of iflix Indonesia, told […]

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Retail Asia02/09/2016

Manulife Indonesia president director and chief executive officer (CEO) Indren S. Naidoo (right) and Manulife Aset Manajemen Indonesia chief economist and investment strategist Katarina Setiawan talk on the sidelines of a press briefing in Jakarta on Wednesday. Despite the country’s weak economy, life insurer Manulife Indonesia enjoyed a sharp increase in new business premiums during […]

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Retail Asia01/09/2016

KinerjaPay launched “I Love Indonesia” Campaign to promote selected premium local products in its marketplace. This campaign is also to celebrate Indonesia’s 71st Independence Day anniversary on 17 August 2016. It is also designed to increase people’s love for domestic products and stimulate domestic consumption. Indonesia is a country of big numbers and big opportunity. With […]

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Retail Asia01/09/2016

Blackmores chief executive Christine Holgate is in Jakarta today to launch the company’s expansion into the Indonesian market. The Sydney-based vitamin and supplements company has been operating in China, Singapore, Malaysia and Thailand for some years but has held back from the Indonesian market as it searched for the right partner. It has now partnered […]

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Retail Asia01/09/2016

Bank Indonesia (BI) Governor Agus Martowardojo said the central bank still likely has a chance to relax its monetary policy in the second half of this year. “Seeing the condition in August, we can say that there is still a chance to slacken monetary policy but whether it will be carried out next September or […]

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Retail Asia24/08/2016

The Indonesia Stock Exchange (BEI) launched an online investment-based simulation game “Nabung Saham Go” (Saving Stocks Go) as one of the measures to introduce the capital market industry to the public, especially to university students. “The game was one of the steps to introduce the capital market to the public. The Nabung Saham Go game […]

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Retail Asia22/08/2016

Ahmad Zaky, CEO of Indonesian e-commerce company Bukalapak.com, said that the growth of Indonesian internet business has the ability to compete with Japan and ASEAN countries. One of the strong supporting factors of Indonesia’s internet business is demography. “Our population mostly consists of young internet users,” Zaky said at the Investor Summit Grand City Expo […]

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Retail Asia16/08/2016

Starwood Hotels & Resorts Worldwide, along with PT Thamrin Ekspress Indonesia today jointly announced the opening of Four Points Jakarta, Thamrin. The opening marks the first Four Points property in Jakarta, and the sixth in Indonesia. The hotel is part of an approximate 159,000 square foot mixed used development that consists of offices located on […]

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Retail Asia12/08/2016

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State-owned oil company PT Pertamina has launched a new fuel, Pertamax Turbo. Vice President Corporate Communication, PT Pertamina, Wianda Puspongoro said the product is available at several gas stations in Jakarta. “It is now available on MT Haryono, Pramuka, Pantai Indah Kapuk and one other location,” Wianda told Tempo at an auto expo Gaikindo Indonesia International Auto […]

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Retail Asia11/08/2016

The Indonesian capital’s airport opened a new terminal Tuesday after years of operating at far above its passenger capacity. Domestic flights for national carrier Garuda began operating in the morning from Soekarno-Hatta airport’s steel and glass $560 million Terminal 3. Its international flights will shift to the new terminal next month. Other airlines will gradually […]

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Retail Asia11/08/2016

Indosat Ooredoo has partnered with mobile payments platform provider Fortumo to launch direct carrier billing in Indonesia. The partnership is expected to enable the Indonesian mobile operator’s 69.8 million subscribers make online payments by charging purchases to their mobile account, without the need to use a credit card. “This strategic collaboration with Fortumo will bring […]

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Retail Asia04/08/2016

The government’s efforts to promote tourism in the archipelago with its Wonderful Indonesia campaign have had a positive impact, the president director of tour and travel company Panorama Sentrawisata said on Tuesday. Budi Tirtawisata said that in the first six months of this year, his company booked a 19 percent increase in gross revenue to […]

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