Tag: jakarta

Retail Asia11/05/2018
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6min0
KLM’s Country Manager for Indonesia, Wouter Alders said that the move to terminal 3 will enhance the experience for KLM customers travelling on its daily flight from Jakarta to Amsterdam and Kuala Lumpur.  He said, “KLM has been looking forward to relocate to terminal 3 to respond to customer demands for a more efficient and personal travel experience. We are confident this vast […]

Retail Asia11/05/2018
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1min0
Bank BRI Syariah has been listed as an issuer at the Indonesia Stock Exchange today, May 9. With the code BRIS, BRI released more than 2.6 billion new shares or 27 percent of its paid up capital. BRIS IPO price was set at Rp510 per share. The SOE Ministry’s deputy for restructuring and business development […]

Retail Asia11/05/2018
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3min0
Rice exports rose 27 percent to $1.57 billion during the first 10 months of the current fiscal year as exporters pushed fresh cargoes to Indonesia, Kenya and other markets during the period, an industry official said on Wednesday. Rice exports amounted to $1.23 billion during the corresponding period last year. Rafique Suleman, senior vice chairman […]

Retail Asia11/05/2018
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2min0
The National Payment Gateway (GPN) may burden both consumers and banks as Bank Indonesia (BI) requires all bank customers to have at least one GPN card,  the University of Indonesia’s Institute for Economic and Social Research (LPEM UI) has said. LPEM UI researcher Chaikal Nuryakin said on Wednesday that based on BI’s target, following the issuance of Article 43 […]

Retail Asia11/05/2018
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2min0
The Jakarta administration launched at City Hall on Monday a new smartphone app named JakEVO to simplify the procedures for obtaining business permits (SIUP) and registration certificates (TDP). Jakarta One-Stop Integrated Service Agency (PTSP) head Edy Junaedi said with the app, both of the permits can be obtained in less than an hour, without requiring applicants […]

Retail Asia02/05/2018
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5min
PT Bank Maybank Indonesia Tbk (Maybank Indonesia) today reported that its operating income after provisions increased to 682 billion rupiah for the first quarter ended March 31, 2018 compared with 633.9 billion rupiah recorded in the previous corresponding period. In a statement, Maybank Indonesia said its profit after tax and minority Interest (PATAMI) stood at […]

Retail Asia30/04/2018
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2min0
Indonesia’s telecom companies must vastly improve their customer service, the regulator has warned, after revealing that some providers had deliberately made their service worse in 2017. The likes of Telkomsel, Indosat and XL “dominate the list of worst-rated companies for customer service — behind even banks”. 13 per cent of mobile customers experience “poor service”, […]

Retail Asia25/04/2018
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1min0
American girls fashionwear brand Justice, distributed by Kanmo Group, has launched an e-commerce store in Indonesia, Shopjustice.co.id. Kanmo has partnered with e-commerce agency SmartOSC to design and launch a user-centric experience. The new omnichannel feature enables customers to research and shop online with shipping to their homes or their nearest store for pick-up. The “Get […]

Retail Asia16/04/2018
6min0
Blackstone Indonesia and Sky Internasional a self-claimed digital strategic marketing agency in Indonesia with premium services in interactive communications, digital strategy, brand identity, social media and online advertising are to be considered as digital fraud masterminds and to be the leaders of an organization with only one goal, to cheat clients solely to enrich themselves with […]

Retail Asia30/03/2018
2min0
Lawmakers, professional associations and pharmaceutical industry players came together in Jakarta at the Convention on Pharmaceutical Ingredients Southeast Asia (CPhI SEA) 2018 from March 27 to 29. They are expected to get together; interact and exchange ideas on improving the pharmaceutical industry, said exhibition organizing agency PT UBM Pameran Niaga Indonesia president director Christopher Eve […]

Retail Asia28/02/2018
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2min0
Citra Langgeng Otomotif, Indonesia’s authorized Ferrari distributor, is optimistic about its sales prospects this year as it continues to strengthen its presence within its specific target market, which has remained relatively immune to the sluggish growth of the the country’s automotive industry. The company’s CEO, Arie Christopher, said Ferrari had personally approached its existing and prospective customers to increase the exclusivity of its brand. One of […]

Retail Asia20/02/2018
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2min0
Soekarno-Hatta International Airport, Indonesia’s largest and busiest hub near Jakarta, by June will move all international flights to Terminal 3. The terminal was opened in August, after three years of construction works to expand it, which cost Rp 7 trillion ($516 million). It is now significantly bigger than the other two terminals. It can serve up to 25 million flights a year, spans 420,000 square […]

Retail Asia16/02/2018
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4min0
Iruna eLogistics, a logistics startup company, plans to open two new fulfillment centers in Surabaya and Medan by the end of this year as part of its rapid expansion to provide back-end logistics services to Indonesia’s small and medium-sized enterprises. Indonesia’s small and medium-sized businesses have embraced e-commerce and digital marketing platforms to boost sales in […]

Retail Asia15/02/2018
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1min0
AirAsia Indonesia, a budget carrier based in Tangerang, Banten, announced on Friday (09/02) it has opened three new routes, two international and one domestic, to tap into the increasing demand for air travels. The carrier, an affiliate of Southeast Asian low-cost airline AirAsia, opened new routes to Singapore from Medan, North Sumatra, and Padang, West Sumatra, and from Jakarta to […]

Retail Asia10/01/2018
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2min0
Indonesia will refurbish 1,592 traditional markets across the country this year as part of President Joko “Jokowi” Widodo’s nine-pronged and domestic-focused Nawacita development program, its Trade Minister Enggartiasto Lukita said on Thursday (04/01). A total of Rp 5.5 trillion ($409 million) will be made available to modernize 267 markets through co-administration funding (TP), 1,275 markets through […]

Retail Asia10/01/2018
1min0
Low-cost carrier AirAsia is set to close on Jan. 16 its route from Surakarta in Central Java to Kuala Lumpur. AirAsia Berhad commercial head Spencer Lee told Antara news agency that the closure was due to commercial reasons. The airline is currently spreading the news among passengers through email and text messages. Those affected by the closure will receive […]

Retail Asia02/01/2018
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2min0
PT Indonesia AirAsia (IAA), the Indonesian arm of Malaysia-based low-cost carrier AirAsia Bhd., has officially become part of publicly listed company PT AirAsia Indonesia (AAI) following the completion of a recent acquisition. The former acquired a 57.25 percent shareholding in the latter on Friday. Jakarta-listed PT Rimau Multi Pratama (RMPP) was renamed AAI after the conclusion of its rights issue and […]

Retail Asia22/12/2017
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2min0
E-commerce platform Bukalapak kicked off on Wednesday the expansion of its partnership with courier service and logistics company TIKI to facilitate small and medium enterprises (SMEs) in selling their products. The new partnership will enable vendors to accelerate product delivery. For instance, TIKI provides a “booking code” feature in which vendors can fill in the […]


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