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Tag: jakarta

Retail Asia13/04/2016
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Finance

IDX Expresses Optimism in Economic Growth

2min0
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 Asia28/03/2016
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General

Jakarta Convention Center to hold biggest marine tourism expo

3min0
The Tourism Ministry supports the countries biggest marine adventure tourism exhibition, “Deep & Extreme Indonesia 2016”, which will be held at the Jakarta Convention Center, from March 31 to April 3, 2016. “The Tourism Ministry supports the organizing of the event. Lets explore the beauty of Indonesias underwater world,” Tourism Destination Development Deputy of the […]
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Retail Asia28/03/2016
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Finance

BNI Set to Penetrate ASEAN Market

1min0
Bank Negara Indonesia (BNI) president director Achmad Baiquni said that state-owned lender BNI would expand its business in other Southeast Asian countries, in addition to Myanmar. “There are some countries targeted by BNI, but we can’t reveal them yet, because it’s too early,” Baiquni told us during a tree-planting event at kilometer 59 of the Jakarta-Cikampek […]
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Retail Asia28/03/2016
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Research

All eyes on Indonesia’s e-commerce pie

8min0
Squinting at the electronic tablet screen, shopkeeper Maihar tapped the colourful icons to top up her customer’s mobile phone credit. “Today I sell phone credits. Tomorrow I will run an online grocery store from my bed,” the 59- year-old told The Sunday Times from her small provision shop in Jakarta, which she has been running […]
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Retail Asia26/03/2016
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Research

Everything you need to know about payments, ecommerce, and venture capital in Indonesia

19min0
Macquarie’s annual conference in Jakarta on telecoms, technology, and ecommerce is one you shouldn’t miss. Last week, it brought together top decision makers in Indonesia’s digital economy. Macquarie Group’s corporate advisory branch Macquarie Capital gained relevance in Asia’s tech industry through advising startups and tech companies on capital raising, IPOs, as well as mergers and […]
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Retail Asia26/03/2016
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Telecom

Equinix expands Jakarta data center

2min0
Equinix has expanded its JK1 data center in Jakarta, through its partnership with DCI Indonesia (DCI). Coupled with its alliance with DCI and a premium connection with the Indonesian Internet Exchange (IIX), the second phase of development at JK1 is an indicator of Equinix’s continued commitment to the region, the company said. JK1 phase two […]
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Retail Asia22/03/2016
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E-Tailing

Jakarta taxi drivers protest against Uber and Grab

5min0
Thousands of Indonesian taxi drivers have brought parts of the capital, Jakarta, to a standstill in a protest against transport apps. The drivers say ride-hailing apps, such as Uber and Grab, have severely reduced their salaries. Footage from Jakarta showed some protesters attacking vehicles and apparently threatening taxi drivers not taking part in the strike. […]
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Retail Asia18/03/2016
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E-Tailing

Freelancer.com eyes Indonesia

3min0
Online jobs listing platform Freelancer.com is set to expand its presence in Indonesia, with company CEO Matt Barrie praising the country’s efforts to drive innovation and investment in technology. Mr Barrie’s comments came as he and his team, including senior vice president of growth, Indonesian-born Willix Halim, played host to a delegation of Indonesian officials […]
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Retail Asia16/03/2016
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Telecom

Telkom Books Rp102tn in Revenues

2min0
State telecom company PT Telekomunikasi Indonesia Tbk. (IDX: TLKM)—also known as Telkom—booked Rp102.47 trillion in revenues last year. The figure represents a 14.24-percent annual growth from 2014’s Rp89.70 trillion. “Telkom’s revenue growth to Rp102.47 trillion was mainly supported by a surge of income in the data, internet and IT services business lines,” Telkom President director […]
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Retail Asia16/03/2016
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Finance

NH Financial Group to Expand into Indonesia

2min0
NH Financial Group signed a memorandum of understanding (MOU) with Indonesia’s largest bank Bank Mandiri at Mandiri’s main office in Jakarta, Indonesia, on March 1 to cooperate in developing rural areas in the Southeast Asian country. Mandiri is the largest lender in Indonesia by assets, capital, loan and deposit balance, and the state-run bank with […]
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Retail Asia16/03/2016
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Fashion

Plaza Indonesia Fashion Week Celebrates New Generation of Indonesia Designers

3min0
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. […]
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Retail Asia16/03/2016
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Food

Indonesia exports instant noodle to Palestine

2min0
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 […]
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Retail Asia16/03/2016
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E-Tailing

Kadin Allows Uber and Grab Taxi to Operate in Indonesia

1min0
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 […]
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Retail Asia14/03/2016
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E-Tailing

Philippines online grocery service launched

3min0
Jakarta-based HappyFresh is bringing its operations to the Philippine market by the second quarter of 2016. Manila is the online grocer’s fifth market in Asia, following  Indonesia, Malaysia, Thailand and Taiwan. Isabel ‘Pao’ Barientos, former chief operating officer of online marketplace theshop.ph, will lead the Manila office as MD. Barientos has also previously worked for […]
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