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Tag: jakarta

Retail Asia21/12/2017
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General

Indonesian Retail Sector Sees More Growth

4min0
Despite the expected sluggish economic growth this year, Indonesian food and clothing retailers are gearing up for expansion to capture a greater share of the middle class and its higher income. “Expansion is crucial for the retail industry to boost sales turnover, other than renovating old branches,” said Tutum Rahanta, executive at Indonesian Retailers Association […]
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Retail Asia21/12/2017
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Food

The McDonald’s rendang burger lands in Indonesia

5min0
McDonald’s Indonesia has introduced the rendang burger to celebrate the country’s 72nd anniversary of independence and being the burger and fast-food lovers that we are, we just had to try it. After all, what better way to honor Indonesian culture than bring one of its top dishes—which has even been regarded as the world’s most delicious food—in […]
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Retail Asia06/12/2017
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General

Whitesky kicks off Jakarta-Bandung helicopter service

1min0
PT Whitesky Aviation commenced on Monday the operation of its helicopter service from Jakarta to West Java’s capital of Bandung. Whitesky Aviation CEO Denon Prawiraatmaadja said on Sunday that the service, named Helicity, had received a license from the Transportation Ministry to operate as a public transportation mode. “Helicity is also to support the tourist […]
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Retail Asia06/12/2017
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Finance

Indonesia Bourse May Snap Losing Streak

4min0
Ahead of Friday’s holiday, the Indonesia stock market had tracked lower in back-to-back sessions – surrendering almost 120 points or 2 percent. The Jakarta Composite Index now rests just above the 5,950-point plateau, although it may tick higher on Monday as it catches up on missed positive sentiment. The global forecast for the Asian markets […]
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Retail Asia06/12/2017
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General

Garuda Indonesia Cancels Flight Due to Lack of Pilots

2min0
National flag carrier Garuda Indonesia canceled a flight from Singapore Changi Airport to Soekarno-Hatta International Airport on Sunday due to a lack of available pilots. The plane was scheduled to depart at 10 p.m. Singapore time. Garuda spokesman Ikhsan Rosan said the pilots who were meant to fly that evening had flown for nine hours on […]
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Retail Asia06/12/2017
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Research

Common Myths About Doing Business in Indonesia

9min0
Indonesia is a land of great potential. Rich in culture and resources, the world’s largest archipelago offers a wide array of opportunities for lifestyle business as well as the corporate behemoths that have vested interest and flocking to the nation to grab market share. Yet, for the individual investor and entrepreneur who has lived or […]
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Retail Asia06/12/2017
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Finance

Indonesia to Restrict Bitcoin Trading

3min0
The list of countries that are hawkish of Bitcoin or outright ban it has something in common: up and coming economies that have just emerged from decades with a large grey sector. Russia is a prominent example, where cryptocurrencies saw years of outright repression. Morocco is the most recent country to consider an outright ban. […]
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Retail Asia04/12/2017
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Living

Hay pop-up by BWI Furniture launched in Jakarta

1min0
BWI Furniture has to introduced Danish designer furniture brand Hay to Indonesia. It launched a pop-up store in Pacific Place Jakarta today, running until December 10. Furniture such as chairs, sofas, tables, lamps and bookshelves are available at the pop-up along with accessories. Copenhagen couple Rolf and Mette Hay worked with businessman Troel Holch Povlsen […]
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Retail Asia08/11/2017
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Living

Indonesia threatens to block WhatsApp messaging over obscene content

6min0
Indonesian government gave Whatsapp a two-day notice to block obscene GIF images.  Indonesia on Monday vowed to block Facebook Inc’s WhatsApp Messenger within 48 hours if the service did not ensure that obscene Graphics Interchange Format (GIF) images were removed. WhatsApp, which is widely used in Indonesia, the world’s most populous Muslim-majority nation, said message […]
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Retail Asia15/09/2017
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Food

Greyhound Cafe Jakarta opens in Grand Indonesia

1min0
Mainly Thai fusion dishes are offered at the new Greyhound Cafe Jakarta, in the Grand Indonesia mall. With a cactus display in its outdoor area, the ground-floor cafe has a mainly black-and-white theme and offers mainly Thai fusion dishes. A private dining area is available as well as a smoke area, and takeaway is possible. […]
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Retail Asia11/09/2017
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Finance

IDX Again Wins Global Islamic Finance Award

3min0
The Indonesia Stock Exchange (IDX) was again awarded “The Best Supporting Institution for Islamic Finance of the Year 2017” from the Global Islamic Finance Award. Head of IDX Communication Division Yulianto Aji Sadono in an official statement in Jakarta, Sunday (9/10/2017) said that the bourse is the only institution from Indonesia that received the award […]
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Retail Asia11/09/2017
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Finance

Indonesia Stock Market May Spin Its Wheels On Monday

3min0
The Indonesia stock market has climbed higher in back-to-back sessions, collecting almost 35 points or 0.7 percent along the way. The Jakarta Composite Index now rests just above the 5,855-point plateau, although it may run out of steam on Monday. The global forecast for the Asian markets is mixed to slightly lower, with a decline […]
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Retail Asia30/08/2017
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Automotive

Auto industry calls for luxury tax cut on sedans

2min0
The Indonesian Automotive Manufacturers Association (Gaikindo) chairman Jongkie Sugiarto said on Tuesday that the association had long lobbied the Finance Ministry to reduce the luxury tax on sedans. He said the cut in luxury tax for sedans from 30 to 10 percent, a similar rate for multi-purpose vehicles, would encourage producers to manufacture more sedans, […]
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Retail Asia18/08/2017
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General

AirAsia Flies Jakarta-Macau Route

2min0
AirAsia, a Malaysian low-cost airline with a branch in Indonesia, made its first Jakarta-Macau flight on Aug. 7. Transportation Minister Budi Karya Sumadi has welcomed the new route, saying it will also reinforce Indonesia’s tourism sector. “We will continue to support AirAsia in developing new international routes,” Budi said in a statement, adding the ministry has requested […]
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Retail Asia31/07/2017
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Food

Jakarta prepares for Indonesia’s most influential sugar show

5min0
The low production of sugar which cannot meet the large demand of sugar consumption in Indonesia caused by inefficient processes initiates the INAGRITECH 2017 to present its premier sub-event named SugarMach Indonesia 2017. SugarMach Indonesia 2017 is the premier show focusing on sugar machinery, innovation, and technology. This show gains a strong support from the […]
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Retail Asia21/07/2017
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General

Jakarta shopping mall business ‘still promising’

2min0
Jakarta shopping malls are still a promising business despite online retailing becoming more popular, says US real-estate service company Colliers International Group. It says the reason for this is a lack of entertainment options for family holidaymakers in the Indonesian capital. Twelve shopping centres with a total floor space of about 600,000 sqm are expected […]
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