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Retail Asia19/04/2019

Low-cost airline AirAsia appears to be facing increasing pressure from its Indonesian rivals Garuda Indonesia and Lion Air. Skift reporting recently claimed that Indonesia’s largest airline, Lion Air, and Garuda Indonesia had allegedly prevented Indonesia’s largest online travel agencies from listing AirAsia’s cheap Indonesian flights. The two sites were Traveloka and Tiket.com. AirAsia responded by removing its […]

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Retail Asia15/04/2019

Nam Air, a subsidiary of Sriwijaya Group, has announced a plan to apply the boutique airline concept, which mainly focuses on lifestyle branding. The carrier aims to make itself more appealing for customers of the millennial generation by delivering what it refers to as a “unique concept that is more masculine”. Nam Air director Asa Perkasa […]

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Retail Asia09/04/2019

The German lender hires a new head from Siam Commercial Bank to fill the position left vacant since 2018. Deutsche Bank (DB) will get a new head for its Thailand operations in May, with the appointment of Pimolpa Suntichok as chief country officer and head of the financing and solutions group for Thailand, according to people […]

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Retail Asia18/03/2019

Reit Lippo Malls Indonesia Retail Trust (LMIRT) plans to buy Lippo Mall Puri in West Jakarta for US$261.6 million. LMIRT Management, which runs LMIRT, said in a statement it has entered into a conditional sale-and-purchase agreement for the 115,600sqm mall, which will boost the Reit’s total net lettable area by about 10 per cent. Settlement […]

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Retail Asia13/03/2019

Following Garuda Indonesia’s recent decision to lower its ticket prices for flights connecting Jakarta and Palembang, South Sumatra, the country’s largest low-cost carrier, Lion Air Group, announced a promotional program called #liburanmakinmurah (vacationing gets cheaper) that will start on Friday. According to Lion Air statement, the airline will offer 50 percent discounts on a number of domestic routes, […]

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Retail Asia07/03/2019

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Indonesia’s national carrier Garuda and Go-Jek are in talks for a partnership that will make it easier for the ride-hailing and e-commerce app to move goods to customers within the 17,000 islands of the sprawling Southeast Asian archipelago. Garuda chief executive Ari Askhara told Reuters the talks are in an advanced stage and an agreement […]

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Retail Asia18/02/2019

Suning.com, the Fortune Global 500 retailer owned by Suning Holdings Group, one of the largest commercial enterprises in China, recently announced the establishment of its Department Store Group. It will focus on professional operations of fashion department store business to strengthen its full-scenarios development in online-and-offline smart retail and improve the shoppers’ experience. The Company […]

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Retail Asia23/01/2019

Japanese “okonomiyaki” pancake restaurant Chibo is launching in Indonesia this month. The opening is part of the firm’s unfolding global plans to counteract a dip in the Japanese food service market. It is partnering with local operator Jaddi Foods within Indonesia’s territory. Importantly for the predominantly Islamic market, the firm will be swapping out pork […]

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Retail Asia08/01/2019

As a result, she faces constant harassment by debt collectors who call her, wait outside her home, and even go as far as contacting her parents, family members, friends and acquaintances. “I was not expecting these fintech firms to subject their customers to such dreadful practices. They accessed my contact list and messages [on my mobile phone]. […]

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Retail Asia19/12/2018

Japanese retailer Lumine has opened its second overseas location with a launch at Jakarta’s Plaza Indonesia. The opening was timed to coincide with the 60th anniversary of diplomatic relations between Indonesia and Japan, offering a “Tokyo Mood” retail concept where consumers can experience a retail atmosphere that recalls the shopping environment of the Japanese capital. […]

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Retail Asia19/10/2018

Indonesia’s Telkomsel has arranged to adopt the Kinetica advanced analytics platform to help it transform the customer experience for its users. The operator will use the Kinetica engine and NVIDIA graphics processing units (GPUs) to enable real-time analytics, location-based visualization and AI capabilities. Telkomsel plans to use thee capabilities to deliver data-driven customer experiences and to enable real-time financial and business […]

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Retail Asia17/10/2018

More than 40 travel agencies, including five pilgrimage agencies, are joining the second phase of the Garuda Indonesia Travel Fair (GATF) 2018. The event, held by the flag carrier in partnership with Bank Mandiri, is held at the Jakarta Convention Center (JCC) in Senayan, South Jakarta, from Friday to Sunday. Various travel packages are offered […]

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Retail Asia10/10/2018

Seedstars Jakarta, the Indonesian round of global seed-stage startup competition Seedstars World, on Friday named logistics startup Expedito as its first winner at Ruang & Tempo, South Jakarta. Expedito is a price comparison website and online booking service for international shipping. Selected out of nine finalists, Expedito will take part in the week-long Seedstars Summit […]

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Retail Asia19/09/2018

The local unit of Deutsche Post DHL, the world’s largest logistics company, has opened a $2.98 million facility in Pulogadung, East Jakarta, to accommodate growing demand and expand its presence in the capital. The new facility, located in Jakarta Industrial Estate Pulogadung, replaces the old one in Kelapa Gading, North Jakarta, which has exceeded its capacity. “The […]

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Retail Asia13/09/2018

Japanese restaurant chain Yoshinoya has opened its first Hanamaru udon noodle venue in Indonesia. The first branch opened last week in Lippo Mall Puri, western Jakarta, under local operator Happy Restaurants Indonesia, Yoshinoya’s wholly owned subsidiary. The brand intends to launch two further restaurants in Jakarta this year, with the aim of opening 50 within […]

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Retail Asia07/08/2018

E-commerce giant JD has introduced its unmanned store technology in a foreign market for the first time. Jakarta’s new JD.ID X-Mart, a 270sqm AI-powered experience store located in Pik Avenue shopping mall, is the first of its kind in Indonesia and the largest to use JD’s unmanned store technology to date. Customers are encouraged to […]

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Retail Asia03/08/2018

AirAsia’s new route to Silangit in North Sumatra is more than just a direct flight to the gateway of Lake Toba. It also marks the airline’s commitment to sustainable tourism development there. Group CEO Tan Sri Tony Fernandes said AirAsia strives to connect travellers to the hidden treasures of Indonesia while ensuring the sustainability of […]

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Retail Asia31/07/2018

Surya Teknologi Perkasa, a subsidiary of digital self-service kiosk operator M Cash Integrasi, has introduced an online-based bicycle-sharing service dubbed Gowes, aimed at providing an emission-free transportation alternative to help Jakarta combat air pollution and traffic congestion. Bicycle sharing is still relatively new business in the capital, where motorcycle ride-hailing services such as Go-Jek Indonesia and […]

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Retail Asia24/07/2018

Apartment sales in Jakarta slumped in the first half of this year, due to a lack of confidence among top-tier buyers to commit to big-ticket purchases amid economic and political uncertainty, property consultancy Jones Lang LaSalle said on Wednesday (18/07). However, the silver lining is that demand for lower- and middle-class apartments has kept growing, […]

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Retail Asia26/06/2018

Prospective franchisees and investors will have the opportunity to meet with international franchisors at a VF Franchise Consulting event in Jakarta from July 18–19. VF’s CEO Sean T Ngo said foreign brands are eying the Indonesia franchise market because of its size and potential. “Not only is food & beverage fast-growing, it is also a […]

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