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Companies 2 years ago
PREMIUM
Unilever Indonesia's profit plummets as consumer confidence weakens
Unilever Indonesia’s net income so far this year is down almost 10 percent when compared with 2022, but the consumer goods company did see year-on-year profit grow 1.4 percent in the most recent quarter, thanks to increased sales.
Regulations 2 years ago
PREMIUM
Emboldened by TikTok victory, offline vendors take on e-commerce
Following the closure of TikTok’s e-commerce feature, traditional vendors are urging the government to close down other online platforms as well, arguing that such a move would revive quiet hallways at markets.
Economy 2 years ago
PREMIUM
Indonesian retailers to maintain sales momentum post-Ramadan
Indonesian retailers are projected to maintain their sales momentum even after the fasting month and the Idul Fitri holidays, which normally lift consumer spending, came to an end, Bank Indonesia (BI) data show.
Companies 2 years ago
PREMIUM
Lippo Group's retail, health care business growing, property sluggish
In a high interest rate environment and with the coronavirus pandemic nearing the endemic stage, analysts see growth potential in many of Lippo Group's business lines but difficulties in the property segment.
