For those who are visiting Indonesia's capital city of Jakarta for either touristic purposes or business - and wonder what to do this weekend - there are several events that may be of your interest: (1) the Indonesia Fashion & Craft 2017, (2) Green Habit, Inspiring People to Care About the Ecosystem, and (3) Indonesia Kita (Our Indonesia).
Update COVID-19 in Indonesia: 29,521 confirmed infections, 1,770 deaths (5 June 2020)
05 June 2020 (closed)
USD/IDR (14,100) -65.01 -0.46%
EUR/IDR (15,970) +78.64 +0.49%
Jakarta Composite Index (4,947.78) +31.08 +0.63%
Below is a list with tagged columns and company profiles.
Today's Headlines Fashion
Within the creative economy industry, the fashion sector of Indonesia is the second-largest contributor to the country's gross domestic product (GDP), after culinary. At the opening of the fourth Indonesian Fashion Week, Indonesian Tourism Minister Arief Yahya stated that fashion contributes IDR 200 trillion (USD $15.6 billion) to the country’s GDP. The Indonesian Fashion Week, organized by the Association of Indonesian Fashion Designers (APPMI), is part of an ambition to turn Indonesia into a world center for fashion by 2025.
The preliminary company profile of Ramayana Lestari Sentosa (RALS) has been added to our catalogue of Indonesian company profiles. Ramayana Lestari Sentosa is an Indonesian retail company which sells a variety of products, including household necessities, fashion apparels, toys and stationeries. Today, Ramayana Lestari Sentosa owns department stores in 42 major cities in Indonesia, employing over 17,867 people. The company profile also includes a future projection of the company's financial performance.
Latest Columns Fashion
Indonesia is in a great position to become the world’s leading nation in terms of Islamic fashion. Why? Well, with a population of around 265 million people (with nearly 90 percent adhering to Islam) Indonesia has a (potentially) huge customer base. Secondly, prosperity in Southeast Asia’s largest economy is rising as evidenced by growing per capita income and the expanding middle class. As more and more Indonesians escape poverty and rise in the ranks of the middle class, they have less need to focus solely on basic needs and have (more) money to spend on non-basic needs, such as fashion.
Ahead of the Islamic Ramadan and Idul Fitri celebrations, consumption tends to increase in Indonesia. One of the products that is searched for by Indonesian consumers (those who adhere to Islam) is Muslim fashion such as clothes and the veil. In fact, the Indonesian government wants the nation to become Asia's center for Muslim fashion by the year 2018 and the world's Muslim fashion leader by 2020. Muslim clothes are also envisaged to become a key export product. Currently, Indonesia's Muslim fashion exports are still rather insignificant.
Associated businesses Fashion