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...
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,...
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...
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...
A crucial component of Indonesia’s ongoing industrial development is found in the 200-plus industrial zones spread across the country, hosting businesses in many sectors, from food and beverage manufacturing to aerospace. These zones provide a focal point for manufacturing investment, allowing businesses to integrate supply chains across...
Historically, Indonesia’s industrial sector has long been content to target the low-hanging fruit of its sizeable captive domestic market for much of its output, while exporting primarily raw materials or low value-added products abroad. But in line with the evolution of the country’s economy, a strategic shift has been accelerating over the...
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