PanaHome to Expand to Indonesia

TOKYO (Yosefardi) – PanaHome Corporation, unit of Panasonic Group, plans to develop its home-office concept to Asia Pacific region including Indonesia. It has launched PanaHome Vieuno, six-floor home-office concept in Japan and has launched some products in...

Retail Sales Expected to Grow 8-10%

JAKARTA (Yosefardi) – The Association of Indonesia Retail Business Players (Aprindo) expects the retail sales of the Association to grow by 8-10% this year, lower than 13-15% growth last year. Roy N. Mandey, chairman of Aprindo, said the slower growth of retail...

Indofood CBP Cuts Revenue Target

JAKARTA (Yosefardi) – PT Indofood CBP Sukses Makmur Tbk (ICBP) expects its revenue to only grow by 5-10% this year, compared to 19.63% growth last year. Earlier the company targets a double digit growth in revenue for this year but its sales only grew by 6.62%...