Indonesia Launches Independence Day Shopping Festival to Revive Retail Sales During Low Season
Jakarta. Indonesian shopping mall operators are banking on a nationwide Independence Day discount program to revive sales during the current low season following the end of the long school holidays.
The Indonesia Shopping Festival (ISF) 2025 was launched on Thursday in conjunction with the country’s 80th Independence Day celebrations, offering discounts of up to 80 percent at malls across the nation.
The festival aims to stimulate consumer spending after a post-holiday slowdown, said Alphonzus Widjaja, Chairman of the Indonesian Shopping Center Association (APPBI).
“At present, the retail industry is entering its second low season. The first came after the Eid al-Fitr holidays in April, but was cushioned by government stimulus and promotions from businesses,” Alphonzus said during the launch event at Mall Nusantara Semanggi in Jakarta.
Government incentives earlier this year included discounts on toll road fares, as well as reduced air and train ticket prices, which he said provided some relief for the retail sector.
Read More:
Indonesian Retailers Won’t Accept Big-Name Products Directly from Chinese Factories: AssociationAccording to Alphonzus, the ISF 2025 is designed not only to celebrate Indonesia’s independence but also to help retailers weather the seasonal dip in sales. “We hope the festival can sustain retail momentum during this second low season,” he said.
The promotional program will run until the end of the year as part of a strategy to bridge the gap before the next major shopping period -- the Christmas and New Year holidays.
“We will continue running promotional programs until the next peak season. In retail, the first peak is during Ramadan, and the second is at Christmas and New Year,” Alphonzus explained.
He added that APPBI has presented the program to the government through the Coordinating Ministry for Economic Affairs to seek official support.
Tags: Keywords:The Latest
Curacao Earns First-Ever World Cup Point after Goalless Draw with Ecuador
Curacao goalkeeper Eloy Room made 15 saves against a relentless Ecuador attack, allowing The Blue Wave to earn a 0-0 draw.Germany Beats Ivory Coast 2-1 to Advance to World Cup Knockout Phase
Four-time champion Germany has come back from disappointing group stage exits in 2018 and 2022.Netherlands Routs Sweden 5-1 to Lead Group F
Sweden coach Graham Potter said the defeat was less about what his team did and more about just how good Netherlands played Saturday.Dear Mr. President, Don’t Skip ASEAN Summits
Despite calls for Prabowo to stay home, the Indonesian leader still needs to attend ASEAN summits.PLN Rushes Coal Supplies After Power Outages Hit Java
PLN is rushing to secure coal supplies after shortages triggered rolling blackouts across Java, disrupting businesses and daily life.Most Popular
