jakarta

Don't Miss:

02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
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 )
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 )

Retail Asia18/02/2016

President Director of PT LG Electronics Indonesia Jaeyoung Lee has confirmed that there is no plan for layoff (PHK) at its two factories in Indonesia. “The economy is stabilizing and has shown signs of improvements and we will survive,” he said on Tuesday evening during the 2016 LG InnoFest Asia, at Grand Hyatt Hotel, Seoul. […]

CONTINUE READING

Retail Asia17/02/2016

Inflight Sales Group (ISG) has reinforced its position in Asia with the addition of the inflight duty-free and duty-paid concession onboard Garuda Indonesia airline. The new programme will be launched April 1 under a partnership with parent company PT Garuda Indonesia (Persero) Tbk. Together with the current contract with Citilink, a low-cost subsidiary of the same […]

CONTINUE READING

Retail Asia12/02/2016

Indonesia has long been the Twitter capital of the world, but rival apps and rancorous political debate are driving users away, illustrating the challenges the microblogging service faces even in markets once considered strongholds. While Twitter doesn’t break down country figures, Global Web Index data shows Indonesia remains joint first with Mexico in active users […]

CONTINUE READING

Retail Asia12/02/2016

Indonesia’s government has demanded that instant messaging apps remove stickers featuring same-sex couples, in the latest high-profile attempt to discourage visible homosexuality in the socially conservative country. The government move comes after a social media backlash against the popular smartphone messaging app Line for having stickers, which are an elaborate type of emoticon, with gay […]

CONTINUE READING

Retail Asia08/02/2016

Indonesia will host the 30th World Ports Conference of the International Association of Ports and Harbors (IAPH) in 2017, the spokesperson of the state port operator PT Pelabuhan Indonesia (Pelindo) III Edi Prayitno noted here on Friday. “In 2017, Pelindo I, II, III, and IV will be active IAPH members to host and hold the […]

CONTINUE READING

Retail Asia08/02/2016

Continuing its robust expansion in South East Asia, Wyndham Hotel Group today announced the opening of its first Days Inn® hotel in Indonesia, the 119-room Days Hotel & Suites Jakarta Airport. Located in the capital of Jakarta at the site of the former Padjadjaran Suites, the hotel is the eighth property to open under the […]

CONTINUE READING

Retail Asia08/02/2016

skynews.img_.1200.745-1024x635.jpeg

Data from the Central Bureau Statistics (BPS) of Jakarta revealed that the Jakarta economy grew by 5.88 percent, slower than in the previous year at 5.91 percent. The economic growth was measured based on the regional gross domestic product (GDP). “The regional GDP per capita in Jakarta last year reached Rp194.87 million or US$14,570,” BPS […]

CONTINUE READING

Retail Asia06/02/2016

Starwood Hotels & Resorts Worldwide announced today that the company has reached a management agreement with Rajawali Property Group to open The St. Regis Jakarta and The Residences at The St. Regis Jakarta. Centrally located on Jalan H.R. Rasuna Said, Kuninganin in South Jakarta, the hotel and residences will be part of a new mixed-use […]

CONTINUE READING

Retail Asia04/02/2016

Equinix a global interconnection and data center company has announced the expansion of its data center in Jakarta, known as JK1, 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 […]

CONTINUE READING

Retail Asia04/02/2016

PT Bank Rakyat Indonesia Tbk. made a net profit of Rp25.2 trillion in 2015, representing a 4.5 percent growth from Rp24.2 trillion it made in the previous year. “The growth is driven by an increase in the interest income that reached Rp82.2 trillion, reflecting a growth of 13.5 percent from the previous year,” the state-owned […]

CONTINUE READING

Retail Asia03/02/2016

Elevenia just raised another $50 million from its existing investors. The ecommerce marketplace is a joint venture of South Korean company SK Planet and Indonesian telco XL Axiata. Elevenia launched in Indonesia in early 2014 with an initial capital of $18.3 million from each partner. It has since received multiple capital injections from its parents, […]

CONTINUE READING

Retail Asia29/01/2016

Flughafen-Fernbahnsteig_Fahrstuhl-Frankfurt_am_Main-1024x768.jpg

Development of rail track between Jakarta’s Manggarai railway station and Soekarno Hatta airport is expected to be completed in 2017. “We already coordinated with PT Railink. It is to be completed in February 2017,” President director of the state owned airport operator PT Angkasa Pura II Budi Karya Sumadi said here on Wednesday. PT Railink […]

CONTINUE READING

Retail Asia29/01/2016

Direct flights between India and Indonesia are likely to begin this year to facilitate tourism, Indonesian ambassador Rizali W. Indrakesuma said on Wednesday.”The Indian government has already given permission; it is a matter of how Indonesia responds. We are hoping that direct flights between the two countries begin by this year or by next year […]

CONTINUE READING

Retail Asia29/01/2016

Garuda Indonesia has confirmed it’s leaving Gatwick to launch a direct service to Jakarta from Heathrow. From March 31, the airline will use its fleet of B777-300ERs to operate a five-times weekly service to the Indonesian capital, an increase from the three-times weekly service it operates from Gatwick. Flights to Jakarta will also no-longer stop […]

CONTINUE READING

Retail Asia27/01/2016

Supplies of shallots and chili, staple ingredients in Indonesian meals, are often low during the rainy season, propping up the prices index, said Sasmito Hadi Wibowo, the deputy of goods and services distribution at the Central Statistics Agency (BPS). Beef prices are also on the rise, increasing by 1 percent alone this month after the […]

CONTINUE READING

Retail Asia27/01/2016

Cooperation and SME Minister, Anak Agung Gede Ngurah Puspayoga, visited Marketers Creativity Day expo of creative products in Smesco building, Jakarta. He emphasized that creative industry has a big chance in the digital economy era. “The chance is open for anyone, be it internet users or women,” he said. Moreover, economy expert, Sri Adiningsih, said […]

CONTINUE READING

Retail Asia24/01/2016

101814888-483710317.1910x10001-1024x536.jpg

The Jakarta composite index (JCI) closed 42.61 points higher on Friday on selective buying by market players. The index of the Indonesian Stock Exchange rose 0.96 percent to 4,456.74 points with index of 45 blue chips up 1.48 percent to 779.31 points. Selective buying of big capitalization shares pushed up the JCI slightly, HD Capital […]

CONTINUE READING

Retail Asia24/01/2016

On 19-20 January 2016, Internet Retailing Expo successfully launched its first edition in Jakarta. Indonesia was chosen to host the event due to the potential of country’s consumer market and an online market that is ready to take-off. The two-day conference happened in Pullman Hotel at Central Park, Jakarta, with focuses on both learning and the […]

CONTINUE READING

Retail Asia21/01/2016

French smartphone vendor, Wiko Mobile, will release its latest product in Indonesia this Friday. The product dubbed Pulp Fab is expected to enliven smartphone sales competition at the beginning of the year. Chief Sales Officer Wiko Mobile Indonesia Sung Khiun said the product has various advanced features. “To enjoy its various applications through a 2GB RAM,” he […]

CONTINUE READING

Retail Asia19/01/2016

JW-Anderson-office-pattern-room-business-of-fashion-1024x576.jpg

Dwi Iskandar, chairman of Bali Indonesian Fashion Chamber (IFC), said that the fashion business in Indonesia is expected to grow by 20 to 30 percent in 2016. “We believed that [2016] is better than last year. We also hope our members will use Balinese fabrics, such as the endek, tenun and songket so that the […]

CONTINUE READING

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.

CALL US ANYTIME

Most read

Retail updates

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

X