The ongoing drive to shift Indonesia’s economy away from raw natural resource extraction and exportation and towards more value-added industries has been gaining momentum in recent years after benefitting from solid government commitments to bolster the physical and regulatory business climate across the country.
With one of the fastest rates of internet uptake in the world and the largest economy in South-east Asia, Indonesia has witnessed the rapid expansion of its e-commerce segment over the past decade. According to a 2015 report published by the Indonesian E-commerce Association (idEA), between 2011 and 2015 online sales in the country expanded at...
Traditional family-run corner stores and kiosks have long been a staple of the retail landscape across Indonesia, providing a range of necessities for both urban and rural neighbourhoods across the country. But over the past decade expansion efforts by larger franchise chains have been threatening this long-held market structure. The mini-mart...
As smartphones become more commonplace in Indonesia, apps are enjoying a surge in popularity, suggesting increased platforms for e-commerce to strengthen its economic foothold. Online trading and transport apps in particular are generating interest, offering a solid foundation for other start-ups, and attracting international players and...
Now comprising a mix of old-world markets and modern retail outlets, Indonesia’s retail sector has been swiftly evolving since the late 1990s, when the country’s economic development began to accelerate. Gross national income per capita at current prices grew from $570 1999 to $3440 in 2015, more than a 500% increase over 15-year period,...
Indonesia has a rich tradition of textile production and a technical mastery of the industry. As business professionals in other countries across the region abandon traditional clothing in favour of Western-style business wear, many Indonesians today still primarily prefer to wear the unique, colourful patterned clothing style known as batik...
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