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Economy 2 years ago
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Retail sales grow for fourth straight month, pushed by fuel purchases
Preliminary data from Bank Indonesia (BI) show that Indonesia’s retail sales were projected to grow for the fourth month in a row in December as the country entered the Christmas and New Year holiday season.
Economy 2 years ago
PREMIUM
Retailers, suppliers wary of deeper sales decline amid Israel boycott calls
Retailers have started to feel the pinch from a call to boycott pro-Israel products with firms wary that it could lead to a bigger jolt to businesses unless the government intervenes, associations said on Wednesday.
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.
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