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Search result with “Luxury Retail” as a keyword founded 25 news.
Planning a Trip to Jakarta? Here is Exactly Where You Should Stay 2026 Edition
... Jakarta: Heritage and High-End Retail (Menteng & Thamrin) Hotel Indonesia ... landmarks. Mandarin Oriental Jakarta – Traditional Luxury Option For those prioritizing classic ... provides convenient access to both retail and multinational offices, making it ...Special Updates Apr 16, 2026 | 12:55 pm
Italjet Unveils Affordable Dragster R200 in Global Premiere in Jakarta
... segments while gradually expanding its retail footprint across the country. Priced ... lower prices by avoiding Indonesia’s luxury tax, which applies to motorcycles ...Business Feb 17, 2026 | 11:08 pm
Robots, AI and Singing Lollipops: The Coolest Tech at CES 2026
... autonomous vehicle spotlight by unveiling a luxury robotaxi developed with Lucid Motors ... their jaw. The lollipops will retail for $8.99 after CES. Meanwhile ...Tech Jan 8, 2026 | 11:04 am
Indonesia’s Bird’s Nest Exporter RLCO Soars 34% on Market Debut
... producers of edible bird’s nest, a luxury ingredient harvested from swiftlets and ... Large IPO Orders to Boost Retail ParticipationBusiness Dec 8, 2025 | 10:46 am
JCI Slides as Markets Track Fed Signals
... . Consumer spending softened except in luxury retail, while travel and tourism held ...Business Nov 27, 2025 | 9:12 am
Purbaya Warns 1% VAT Cut Would Wipe Out Rp 70 Trillion in State Revenue
... the higher rate only to luxury goods. Business associations have since ... economists in Jakarta. Read More: Retail Leaders Call for 9% VAT to ...Business Oct 28, 2025 | 7:01 pm
Prabowo Tasks Finance Minister to Lift Tax Revenue, Revise Export Rules
... operates optimally.” Read More: Retail Leaders Call for 9% VAT ... rate currently applies only to luxury goods, while most goods ... taxed at 11 percent. Retail industry leaders have urged the ... of the Affiliation of Global Retail Association (AGRA). Indonesia’s VAT ...Business Oct 16, 2025 | 6:05 pm
Retail Leaders Call for 9% VAT to Revive Spending and Rival Vietnam’s Growth
... economic growth in a decade, a retail industry leader said on Thursday ... purchasing power and revive the retail sector -- a key pillar of ... 12% VAT Increase on Luxury Goods Starting January 2025 Under ... 12 percent rate only to luxury goods, while most goods ...Business Oct 16, 2025 | 4:23 pm
CMK Encourages FEB UI Students to Seize Career Opportunities in Jewelry Industry
... the event that introduced the luxury jewelry business ecosystem and opened ... ’ horizons to understand that the luxury jewelry industry is not just ... to be a top-of-mind luxury retail company that not only offers ...Special Updates Sep 27, 2025 | 8:37 pm
MONDIAL Marks 46 Years With Launch of Royal-Inspired Realms Collection
... The theme represents elegance, luxury, and heritage in MONDIAL’s ... as a pioneer in the luxury jewelry industry, consistently presenting ... jewelry brand under the trusted retail group Central Mega Kencana ... Carrying designs that embody luxury in every detail, they ...Special Updates Sep 18, 2025 | 1:40 pm
Erajaya Books $36 Million Profit in First Half of 2025 on Strong Smartphone Sales
... underscores Erajaya’s adaptability in the retail sector. “We expect Erajaya’s growth ... demand and government incentives, including luxury goods tax breaks and green ...Business Aug 13, 2025 | 4:52 am
Gov’t Stands by Q2 Economic Data Despite Indef's 'Anomaly' Claim
... ‘Rojali-Rohana’ phenomenon shows the retail sector is under pressure and ... value-added tax (VAT) and luxury tax (PPnBM), were down, ... migration from brick-and-mortar retail to online shopping. “What ... in Jakarta on Tuesday. “Retail sales are rising in both ...Business Aug 6, 2025 | 2:39 pm
Industry Group: Indonesia’s Annual Car Taxes 10x Higher Than in Malaysia
... rates are turning cars into luxury items that are increasingly out ... levies significantly inflate the final retail cost. “For example, a car priced ...Business Aug 1, 2025 | 4:54 pm
Indonesia’s Car Sales Drop 15% in May Amid Weak Consumer Demand
... Rising costs -- fuel, financing, luxury taxes -- combined with modest income ... units in May 2024. Retail sales -- from dealerships to ... 316,981 units, while retail sales saw a steeper decline ... segments. Year Wholesale Sales Retail Sales 2022 1,048,040 ...Business Jun 11, 2025 | 7:16 pm
Savyavasa, Permata Bank Launch Exclusive Foreign Mortgage Program
Jakarta. Luxury residential development Savyavasa has partnered ... property in Jakarta. Savyavasa is a luxury residential apartment by Swire Properties ... , world-class hospitals, and premium retail destinations. Its location is ideal ...Special Updates Jun 5, 2025 | 6:11 pm
BYD Surges to 6th in Indonesia’s Auto Market with EV-Only Lineup
... sub-brand, which sold 2,524 luxury electric MPVs, making it the ... Japanese Brands Lose Ground In retail sales (dealership to customer), BYD ... reached 256,368 units, and retail sales stood at 267,514 ...Business May 17, 2025 | 7:16 pm
Mangga Dua Stays Busy Despite US Warning on Fake Goods
... markets, remains a bustling retail center despite coming under fire ... stalls openly selling imitation luxury bags, knock-off sneakers ... It evolved into a retail destination following the opening of ... WTC Mangga Dua (mixed retail), and Mangga Dua Square ( ...News Apr 24, 2025 | 10:58 am
Indonesian Retailers Won’t Accept Big-Name Products Directly from Chinese Factories: Association
... exceptionally low, the national retail association said on Wednesday. ... Chinese factories purportedly supplying luxury labels such as Lululemon, ... brands at a fraction of retail prices. However, many of ... itself -- and that genuine luxury items come at a premium ...Business Apr 24, 2025 | 5:36 am
Murdaya Poo, Indonesian Property Magnate Behind Pondok Indah Mall, Dies at 79
... known as a pioneer in Indonesia’s retail and property industries. Through his ... .6 trillion). His diverse portfolio spanned luxury real estate, palm oil plantations ...Lifestyle Apr 7, 2025 | 5:22 pm
Government Open to Revisiting 12 Pct Luxury VAT Policy Amid Potential Microeconomic Impacts
... Added Tax (VAT) on luxury goods to 12 percent, which ... 12 percent VAT on luxury goods negatively affects the ... VAT selectively, targeting only luxury goods to minimize the burden ... while conservative investors might consider retail bonds for stable returns. " ...Business Dec 24, 2024 | 10:21 am
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