Indoritel rides wave of Indonesian growth

The consumer group controlled by the Salim family wants to expand as more Indonesians seek to shop at modern convenience stores and choose branded food items.

Indoritel rides wave of Indonesian growth

The mantra of rising affluence tied to a growing middle class has long underpinned Indonesia’s attraction as an investment destination. The wealthier people are, the more likely they will want to consume luxury goods and services and adopt Western lifestyles, rather than simply consume to stay alive.

Busy office-workers with families also have less time or inclination to wander around wet-markets and mom-and-pop stalls for their weekly shop. The food quality can vary and there...

To continue reading, please login or register for free

Click for more on: indonesia | indomaret | salim group | indoritel

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...