Author: Mei Ling Tan

  • India’s retail market to hit US$1.2 trillion

    India’s retail market to hit US$1.2 trillion

    New analysis predicts the Indian retail market will hit US$1.2 trillion by 2020 and $2.1 trillion simply 5 years later.

    This yr, Indian retail gross sales are projected to realize simply $550 billion.

    The astonishing progress projection comes from business organisation the Confederation of Indian Business (CII) which additionally says the retail business will generate between 10 and 12 million jobs over the subsequent decade.

    The report, titled The Indian Retail Medley, was launched collectively by CII and Wazir Advisors at a Delhi retail business convention organised by the CII, dubbed ‘Decoding the Way forward for Retail’.

    “The organised retail in India is predicted to develop seven- fold and on-line retail 26-fold,” the report stated, however stating that despute such big progress, ‘unorganised retail’ will proceed to dominate the Indian retail panorama.

    “CII & Wazir are sure the sector will get a transformational push with an aggressive collaboration between the organised, unorganised and on-line retail progress, pushed by India’s demographics with large younger and tech savvy inhabitants (500 million are aged under 25 years).”

    Rising incomes and ranges of shopper demand, growing urbanisation, attitudinal shifts and – above all – an outstanding and steady rise in web penetration throughout the nation thanks partially to the federal government’s  dedication to digitisation, may even gasoline progress, the report stated.

    “It’s estimated there can be 550 million internet customers in India by 2018, as additionally the face of the Web consumer will change dramatically, with greater penetration to the tune of 210 million in rural areas.

    “The web retail would offer an outstanding platform to the unorganised retail to succeed in out to the shoppers throughout markets in tier three and tier 4 cities”, the report stated.

    Adesh Gupta, chairman of the CII Retail 2015 and promoter with Liberty Group. stated the time “is completely opportune to Make in India for Retail in India.

    “Our nation is among the quickest rising and most dynamic retail markets on the planet. We should produce and promote in India”

    However Gupta warned of “a dire want” to strengthen the nation’s provide chain administration, indentify shoppers’ wants, developed expert, educated manpower and streamlinethe  taxation system.

    India is predicted to grow to be the world’s quickest rising eCommerce market on the again of strong funding exercise within the sector and the speedy improve in web customers. It’s anticipated that India’s e-commerce market will develop from US$2.9 billion in 2013 to over US$100 billion by 2020.

    “There’s sufficient demand and the problem might be easy methods to attain the shoppers, each from connectivity and logistics perspective,” stated Gupta.

    “On-line retail can attain tier 4 to 6 areas a lot better than offline giving it a much bigger benefit. Collaboration between each organised and unorganised retail corporations could possibly be the actual recreation changer.”

    Shreekant Somany, chairman or CII NR, stated eCommerce’s share of Indian retail is rising steadily.

    “Clients have an ever growing selection of merchandise on the lowest charges. eCommerce might be creating the most important disruption within the retail business and this development will proceed within the years to return.

    “Virtually every thing is bought on the web now and which means just about all the retail business faces the problem of both being part of e-commerce or taking it head on. Partnering is one of the simplest ways out,” stated Somany.

    Mukesh Mathur, government director with Oracle India stated it’s crucial retailers benefit from eCommerce, which can allow them to spend much less cash on actual property whereas reaching extra clients in tier two and tier three cities

    “However, the long run outlook for the business stays to be constructive on the again of rising incomes, beneficial demographics, the entry of overseas gamers and growing urbanisation”, stated Mathur.

    However Harminder Sahni, MD of Wazir Advisors described the profitability of shops as “a serious concern nowadays”.

    “The businesses ought to consider opening worthwhile shops, with thrust on hiring educated manpower. Each on-line and offline should work collectively.”

  • Ever Glory Worldwide gross sales slip

    Ever Glory Worldwide gross sales slip

    Nasdaq-listed style retailer Ever-Glory Worldwide says first quarter gross sales slid 7.7 per cent.

    The Nanjing-based enterprise reported complete gross sales within the three months to March 31 of US$97.9 million, in contrast with $106 million within the first quarter of final yr.

    It says same-store gross sales in its community of 1206 retail shops slipped 2.9 per cent, however wholesale gross sales to different retailers carrying its strains fell 15.6 per cent. The corporate’s retailer community grew by 230 retailers year-on-year.

    Wholesale gross sales fell most importantly in Germany, France and different European markets, in Japan and the US. However progress within the UK and mainland China made up for a few of the lower.

    Complete gross revenue for the quarter elevated 18.7 per cent to $30.6 million, in comparison with $25.eight million final yr. Complete gross margin elevated 700 foundation factors to 31.three per cent in comparison with 24.three per cent final yr.

    Ever-Glory was the primary Chinese language attire Firm listed on the NYSE in July 2008 earlier than  transferring to Nasdaq on December 31 final yr. It provides attire to ladies underneath its personal manufacturers La go go, Velwin and Sea To Sky in China and describes itself as a number one international attire provide chain answer supplier with a concentrate on middle-to-high finish informal put on, outerwear, and sportswear manufacturers.

  • Tango users can now shop with AliExpress

    Tango users can now shop with AliExpress

    Users of the messaging app Tango can now shop online without leaving the app – after partnerships were struck with Alibaba’s AliExpress and Walmart.com.

    US-based Tango, which boats more than 300 million users, have launched “social shopping” on their message and chat platform allowing, they say, users to choose from millions of products sold by the two retailers online.

    “The company expects to expand shopping options over time to include additional retailers and geographies,” Tango said in a press statement.

    “Tango will offer curated lists of products based on user preferences, while also allowing them to create their own collections to share with family and friends.”

    Leo Shen, AliExpress GM, said Tango offers a way for consumers to access products on AliExpress “that are relevant to their preferences and lifestyles”.

    “We look forward to teaming up with Tango to provide consumers a great shopping experience wherever they go.”

    Tango CEO and co-founder Uri Raz says the move takes Tango beyond the realm of being just an messaging service.

    “Starting today, we’re leading the way in ‘conversational commerce,’ making it simple for consumers to connect with leading retailers using the same platform they rely on every day to chat with friends and family,” he said.

    “Tango is excited to collaborate with Walmart and AliExpress to revolutionise blending commerce and communication, creating a new and exciting experience for consumers and sellers alike.”

    Founded in 2009, TangoMe Inc is the developer of Tango, a free mobile messaging app whose users enjoy free video and voice calls, texting, social discovery, browsing and sharing content with one another.

    The company works with third-party game developers, brands, content publishers, and advertisers to provide distribution, integration opportunities, and advertising. Tango is cross-platform, operating over 3G, 4G and Wi-Fi, and is available in 15 languages in more than 224 countries.

  • Liquor samplers take maintain in Korea

    Liquor samplers take maintain in Korea

    Like selecting cosmetics after utilizing a pattern, a brand new development is rising of liquor samplers in Korea’s eating places and bars.

    Based on the business, Baesangmyun Brewery, a standard Korean rice wine maker, presents 4 sorts of Sluggish Metropolis Brewery Makgeolli within the sampler course at its Sluggish Metropolis Brewery & Pub eating places. Sluggish Metropolis Makgeolli, a hand-made Korean conventional rice wine, can have 4 totally different tastes by various the extent of getting old or maturation.

    For many who can’t select what to drink for his or her makgeolli, the restaurant presents free samples of the 4 tastes and lets the client select their very own.

    A buyer on the restaurant stated: “This place is superb as we will watch the brewery course of with our personal eyes and choose the makgeolli we would like after sampling numerous sorts.”

    Soju samplers are additionally gaining in reputation, as it may be a burden to order high-quality soju by the bottle.

    Aoi Sora, a standard soju pub in Itaewon, Seoul, is promoting a sampler for soju-lovers. It presents two soju samplers with 4 soju manufacturers every at 15,000 gained (US$13.70) and 16,000 gained (US$14.60).

    As well as, craft beers at the moment are promoting in samplers. As they’re brewed in several methods, a beer sampler could be one of the best match for beer-lovers who need to attempt numerous tastes in beer.

    An government at Baesangmyun Brewery stated: “Liquor and beverage samplers are a pure improvement to satisfy the varied tastes of consumers. The samplers have acquired good response from first time guests and youthful clients who are usually not acquainted with makgeolli, notably ladies.”

  • Esquires Espresso seals Hunan partnership

    Esquires Espresso seals Hunan partnership

    New Zealand-listed Cooks International Meals has signed a three way partnership settlement with Shenzhen-listed retail and property big BuBuGao Group to develop 30 Esquires Espresso shops in Hunan by 2020.

    The three way partnership cements China’s place as Esquires Espresso’s quickest rising worldwide territory and lifts the whole variety of deliberate shops within the nation to a minimum of 150. It additionally additional advances Cooks’ aspiration for Esquires Espresso to be working 800 shops all over the world by 2020.

    * BBG chairman Wang Tian (left) and Esquires Espresso China MD Ellen Zhang toast their new China three way partnership.

    BBG, or Higher Life, has taken a 49 per cent stake within the three way partnership and can progressively contribute property in its buying malls which might be based within the Hunan province. Cooks, with a 51 per cent stake within the enterprise by way of its wholly-owned Chinese language grasp franchisee Beijing Esquires Administration Co, will develop and handle the shops.

    BBG has annual revenues of almost CNY12.three billion, (NZ$2.7 billion), employs over 70,000 individuals and operates over 373 shops within the Hunan, Jiangxi, Sichuan, Chongqing, Guangxi, and Guizhou provinces, together with 156 supermarkets and 29 purchasing malls. It additionally has a CNY10 billion property portfolio and is lively in on-line commerce and finance.

    Cooks International Meals government chairman Keith Jackson stated the brand new deal is additional endorsement of the potential for Esquires Espresso’s artisan fashion Natural and Fairtrade model to develop quickly in Chinese language markets.

    The enterprise is a continuation of our technique to drive progress in China by partnering with vital home companies that may present the assets, retail experience and native information which are pre-requisites for fulfillment within the area. These capabilities, coupled with a Chinese language Esquires Espresso administration staff that understands the right way to translate the model’s distinctive tackle New Zealand café tradition into home settings, provides us nice confidence within the potential of the enterprise to develop.”

    BBG chairman Tian Wang stated that with demand for branded espresso rising in China at charges that outstrip progress charges in the remainder of the world, Esquires Espresso will fill an essential a part of the retail combine throughout its buying centres.

    Its Natural, Fairtrade and artisan positioning makes it an aspirational vacation spot for a broad cross part of the inhabitants. We’re assured the brand new enterprise will generate appreciable worth for the BuBuGao group.”

    Cooks now operates 21 shops in China using 130 individuals, making it the third largest New Zealand non-Authorities employer within the Peoples’ Republic. It’s now concentrating on a footprint of greater than 150 shops in China by 2020.

    Earlier this yr, Cooks acquired the Esquires Espresso Chinese language grasp franchisee Beijing Esquires Administration and as a part of that transaction, one of many former house owners, Yunnan Metropolitan Funding Firm (YMCI) took a 15.75 per cent stake in Cooks.

    Cooks additionally has an identical three way partnership with Jiajiayue Group (JJY) grocery store chain to develop 50 shops within the Shandong province. JJY is among the largest corporations in Shandong, using virtually 30,000 employees and working greater than 550 supermarkets.

    We proceed to hunt companions to increase our foot print in different areas and our administration group, led by expatriate Chinese language-New Zealander Ellen Zhang, is already in dialogue with a number of different events,” Jackson stated.

    Cooks owns the mental property and grasp franchising rights to Esquires Espresso Homes worldwide excluding New Zealand and Australia. Following the signing of a brand new grasp franchise settlement for Egypt final week, the corporate is now rising in 13 separate territories around the globe and it’s in discussions to increase its grasp franchise community additional.

  • GIC takes Seoul mall stake

    GIC takes Seoul mall stake

    Singapore funding firm GIC has partnered with the Canada Pension Plan Funding Board to purchase the D-Dice Retail Mall in Seoul, South Korea from Daesung Industries.

    The 2 buyers has paid US$263 million for the mall.

    GIC and CPPIB will every personal an equal half share in D-Dice, a 4 yr previous centre described as a top quality property in a chief location. D-Dice is situated subsequent to Sindorim Station, a serious transportation hub connecting Seoul with Incheon and different main metropolitan cities close to Seoul.

    The mall can be rebranded as Hyundai Division retailer and might be operated by Hyundai, one of many prime retail operators in South Korea. Working alongside GIC and CPPIB, Hyundai will reposition the D-Dice Retail Mall to raised serve the Korean retail market’s anticipated regular progress over the long run.

    Loh Wai Keong, MD & co-head Asia, with GIC Actual Property stated the funding displays GIC’s confidence within the long-term progress of Korean home demand and is in keeping with GIC’s technique of buying high-quality, centrally-located belongings with upside potential.

    “As a long-term worth investor, our pursuits are aligned with CPPIB and we sit up for partnering them on this acquisition.”

    Jimmy Phua, MD, head of actual property investments Asia, with CPPIB stated the D-Dice Retail Mall is a main retail asset situated in a rising and prosperous space.

    “By way of this funding, we’re happy to realize publicity to one of many largest retail markets in Asia, working alongside skilled and aligned companions.”

  • UK’s John Lewis opens today in Makati

    UK’s John Lewis opens today in Makati

    John Lewis, a chain of quality department stores operating through out Great Britain, will open its first shop-in-shop in the Philippines at SM Makati today. The chain is part of the John Lewis Partnership, and is known for its slogan “Never Knowingly Undersold.”

    John Lewis Partnership is UK’s largest example of worker co-ownership where all 30,000 staff are Partners in the business. On the other hand, Never Knowingly Undersold is the company’s unique policy to its customers that the price of any item it sells will always be as low as the lowest price in the neighborhood. It has been in use since 1925.

    A wide range of own-brand home products including bed, bath, tableware, and home accessories, such as candles and photo frames, will be on offer in a dedicated John Lewis Department at SM Home in SM Makati’s Fifth Level.

    The shop-in-shop here in the Philippines will have a wide range of own-brand home products like tableware and kitchen furniture

    This will be the first of the 11 John Lewis shop-in-shops in SM Retail locations across the Philippines—SM Makati, SM Aura Premier, SM Megamall, SM Mall of Asia, SM North EDSA, SM Southmall in the Metro area, and SM Cebu and SM Lanang in the provincial areas; as well as three Our Home stores. The sites will be between 300 square feet and 1,000 square feet and will have a dedicated staff.

    “SM Retail is a perfect partner to help bring the John Lewis brand to a new Asian customer base,” declares Andy Street, managing director at John Lewis.

    Meanwhile, British Ambassador to the Philippines Asif Ahmad says in a message,“I would like to congratulate SM for successfully bringing John Lewis to the Philippines,” says. In the UK, John Lewis is known as a top retailer and has a reputation for offering excellent value to customers for many years. We are delighted to have another iconic brand that will bring the experience of British quality, creativity, and lifestyle to the Filipino home.”

    The first John Lewis store opened in 1864 in Oxford Street, London. Today, it operates 43 John Lewis stores across the UK and runs a shopping website at johnlewis.com.

  • 7-Eleven Philippines gross sales soar

    7-Eleven Philippines gross sales soar

    Philippine Seven Company, the native licensee of 7-Eleven Comfort Shops, has reported a 12.9 per cent progress in internet revenue for the primary quarter of 2015.

    The corporate says the rise is the results of improved working margin and its aggressive 7-Eleven Philippines retailer enlargement program throughout the nation.

    The community of firm owned and franchised shops’ gross sales rose by 24.2 per cent from P4.four billion (US$98.9 million) within the first quarter to 2014 P5.5 billion (US$123.6 million) within the newest quarter. First quarter internet revenue reached P112.9 million ($2.5 million).

    On the finish of the quarter, PSC had constructed its community to 1341 shops – a rise of 292 year-on-year.

    The corporate stated the speed of earnings progress was slower than top-line progress because of the elevated spending attributed to increasing the logistics infrastructure of the corporate. PSC has been constructing the capability of its distribution middle to help its enlargement within the totally different elements of the nation, together with the islands within the Visayas and in DavaoCity.

    Jose Victor Paterno, president and CEO, stated PSC has taken steps to guard and broaden its management in mild of elevated competitors, recognising that rewards for market share are particularly robust within the comfort retailer sector.

    “This includes not solely an elevated tempo of enlargement in areas contested by competitors, however strategic entry into new territories. The latter could also be unprofitable for the primary few years because of the excessive fastened prices of logistics, however we consider will later be rewarded with robust first mover benefits,” he stated.

    “Final yr we entered Panay and constructed on our entry into Negros and Cebu the years prior. This yr we will probably be getting into Mindanao by way of Davao and Cagayan de Oro.”

    For 2015, the corporate might be growing its capital expenditures price range by greater than 50 per cent to help its accelerated retailer enlargement technique.

    Philippine Seven Company operates the most important comfort retailer community within the nation. It acquired from Southland Company (now Seven Eleven Inc.) of Dallas, Texas the license to function 7-Eleven Philippines shops in December 1982 and listed on the Philippine Inventory Trade in February, 1998.

  • Singapore retail gross sales slide three.2 per cent

    Singapore retail gross sales slide three.2 per cent

    Singapore retail gross sales in March slumped three.2 per cent after the distortionary impact of motorcar gross sales is faraway from the info.

    Whereas the official figures present a seasonally-adjusted 1.1 per cent enchancment in March 2015 over the earlier month, knowledge from Statistics Singapore exhibits automotive gross sales soared 37 per cent over February and 40 per cent March on March.

    There was an similar three.2 per cent general decline year-on-year for March after automobiles have been eliminated.

    Seasonally adjusted gross sales of meals & beverage providers decreased 5.2 per cent in March 2015 over February and by 1.7 per cent in contrast with March 2014.

    After seasonal adjustment, retail gross sales of automobiles, mini-marts & comfort shops and meals & drinks elevated between 12.9 per cent and 37.1 per cent in March 2015 in comparison with the earlier month (Desk 1). Retail gross sales of petrol service stations and leisure items additionally rose four.9 per cent and 1.1 per cent respectively.

    Then again, retail gross sales of optical items & books, sporting attire & footwear, telecommunications equipment & computer systems, furnishings & family gear, supermarkets, watches & jewelry and medical items & toiletries decreased between 2.four per cent and 10.four per cent in March 2015 in comparison with February 2015.

  • Sephora, JD.com staff up

    Sephora, JD.com staff up

    LVMH-owned cosmetics retailer Sephora has opened a flagship retailer on Chinese language eCommerce website JD.com.

    Sephora, which already as a profitable retail community in tier one Mainland China cities, says the transfer wil assist it break into the eCommerce market there, and attain shoppers in smaller city markets.

    “This marks a big step ahead for Sephora, the main magnificence retailer of LVMH Group, in its eCommerce and general retail technique for China,” the 2 corporations stated in a press release.

    Upon launch, Sephora’s retailer would be the largest cosmetics retailer on JD.com’s platform, that includes over 1200 gadgets from greater than 70 worldwide beauty manufacturers, together with Dior, Guerlain, Givenchy, Profit and Kenzoki.

    Anne Veronique Bruel, president of Sephora Asia, stated she is assured that Sephora, JD.com will have the ability to present Chinese language shoppers with “a very world-class on-line purchasing expertise, with out the fear of counterfeits”.

    Haoyu Shen, CEO of JD Mall added: “We’re capable of supply Sephora an end-to-end eCommerce answer that ensures Chinese language shoppers have the absolute best model expertise when buying their magnificence merchandise on-line. Our direct co-operation with Sephora additional strengthens the arrogance of cosmetics buyers in China that JD.com is the go-to website for probably the most wanted genuine name-brand merchandise.”

    Sephora, based in Limoges, France, in 1969, was purchased by luxurious group LVMH in 1997.At the moment, it has greater than 2000 shops in 32 nations stocking greater than 200 worldwide manufacturers and 10,000 of its personal distinctive personal label merchandise.

  • Indonesia`s red onion production predicted to reach 1.14 million tons

    Indonesia`s red onion production predicted to reach 1.14 million tons

    The agriculture ministry said the countrys production of red onion is predicted to reach 120,000 tons a month or 1.14 million tons this year. The production fell from 122,000 tons a month in 2014, but still is higher than domestic requirement.

    Horticulture Director General Hasanuddin Ibrahim said the production will exceed domestic consumption of around 90,000 tons a month.

    “In the period of January to September this year, the production is predicted to rise 20 to 30 percent, but October to December, the production is expected to fall by the same rate of 20 to 30 percent,” Hasanuddin said.

    The countrys red onion production is expected to peak in June at 122,800 tons. The second highest was 116,300 tons in January and the third highest was 110,900 tons in August, he said.

    The lowest production was expected in March at 65,270 tons , November at 81,010 tons and in October at 83,850 tons.

    “The production is not level from month to month depending on the season. The production falls in rainy season but surges in dry season,” he said.

    In rainy attacks by season plant disease on red onion are more wide spread, he said. He said red onion plantations totaled 119,966 hectares in 2014. In 2015, red onion would be grown in 27 of the countrys 34 provinces.

  • Maisen Tonkatsu heads to Philippines

    Maisen Tonkatsu heads to Philippines

    Maisen Tonkatsu, described as Japan’s “greatest tonkatsu restaurant”, is to open a sequence of eating places within the Philippines.

    The primary restaurant, described as a flagship, will open at SM Megamall by the third quarter of 2015.

    Maisen Tonkatsu, based in 1965, will increase into the Philippines underneath Katsucuisine Inc, a subsidiary of its Japanese father or mother Suyen Company.

    Thought-about the market chief in its class in Tokyo, the restaurant model is steadily increasing in Asia. It has six branches in Bangkok, Thailand, a part of a community now numbering 1100 worldwide.

    Foodies and vacationers alike typically queue outdoors the Tokyo eating places whose profile has been boosted by in depth reward on social media and by skilled reviewers.

    The restaurant’s positioning slogan is: “Tender tonkatsu you’ll be able to minimize with chopsticks.”

  • Razer Taiwan opens gaming retailer idea

    Razer Taiwan opens gaming retailer idea

    US-based digital video games big Razer has opened a singular flagship retailer in Taiwan’s capital metropolis, Taipei.

    Razer was created by CEO and Min-Liang Tan, a Singaporean, and specialises in merchandise marketed particularly to players. The Razer model is presently being marketed underneath Razer US.

    Within the new Taipei retailer, which opened final Friday, players can attempt the corporate’s distinctive units together with excessive finish pc mice designed for on-line video games, keyboards and different equipment.

    Centrestage are the Razer Edge pill, a handheld pc operating Home windows eight optimised to game-playing – and a purpose-built PC unveiled finally yr’s Shopper Electronics Present in Las Vegas.

    The opening was celebrated on-line with a minisite – #TWRazerStore (in Chinese language language) and weblog and social media postings in English. Most of the firm’s US administration flew to Taiwan for the opening.

  • Personal label saving Korean retailers

    Personal label saving Korean retailers

    As South Korea’s giant retailers are affected by damaging progress, personal manufacturers (PB), or personal labels (PL) are providing a ray of sunshine to Korean retailers.

    Gross sales of personal branded items have elevated 20 to 30 per cent within the first quarter in comparison with the identical interval final yr.

    PB items are often 20 to 30 per cent cheaper than different model items, and as they’re turning into more and more widespread, extra clients are constructing belief in sure manufacturers.

    Gross sales of Residence Plus PB items within the first quarter elevated 21 per cent, whereas gross sales of all items mixed solely elevated zero.9 per cent. PB merchandise now account for 28.four per cent of Residence Plus merchandise.

    Gross sales of PL items additionally elevated 15.four perc ent at E-Mart, whose administration report their  1.1 per cent gross sales improve within the first quarter – the primary year-on-year constructive progress price in 13 quarters – was because of the reputation of PB items.

    Gross sales of PB items on the CU comfort chain additionally elevated 7.6 per cent for the primary quarter in 2013, 9.1 per cent in 2014 and 22.eight per cent for a similar interval this yr. Gross sales of such items at 7-Eleven elevated a record-high 34.eight per cent.

    A person with information of Lotte Mart’s operations stated that though there was some distrust in personal manufacturers up to now, nowadays they’re among the many best items, as they’re produced by well-known producers.

    CU stated that it will give attention to creating private hygiene PB items sooner or later, because it has been solely creating snack PB items up to now.

    House Plus additionally stated that it will improve PB manufacturing, saying that as greater than 90 per cent of PB producers are SMEs, the present growth might additionally end in a constructive synergy impact on them.

  • Successful development by Cale in Indonesia

    Successful development by Cale in Indonesia

    September 26, 2014 marked the first launch of Cale parking terminals in Jakarta, the capital city of Indonesia, a country with a population of 250 million people.

    An initial number of around 10 terminals were installed in Sabang Street, one of the busiest streets in the City. The Swedish Ambassador to Indonesia, Johanna Brismar Skoog, as well as government officials of the City of Jakarta attended the launch ceremony.

    With around 37 million vehicles operating on the streets of the city and the prevalence of illegal parking on street sides that contributes to Jakarta’s severe

    traffic congestion, the city government deemed the on-street parking solutions offered by Cale as important in reducing the traffic problems as well as preventing the misappropriation of the city’s parking revenue.

    The reason Cale is well placed to provide the solution to parking management in Indonesia is largely due to its 60 years of expertise and technology-driven innovations. Its latest parking terminal is designed to meet any possible needs of the user while supported by a sophisticated back office web system and reliable personnel. The company’s business spirit lies in the sustained product development with end-to-end solution in sight and knowledgeable support team, which is something that the end users in Indonesia have greatly benefited from.

    BANDUNG

    By partnering with PT Vertikal Akses Asia as Indonesia’s sole distributor, Cale is cementing its presence in the country by being the Jakarta government’s product of choice due to its technology and reliability. The parking terminals in Jakarta are operated and managed by PT Mata Biru, which has also been tasked in 2015 to install and operate the terminals in Bandung, a city of 2.5 million people, a 2-hour drive away from Jakarta.

    Meanwhile, the second installation of close to 100 CWT Compact terminals in Kelapa Gading Boulevard of North Jakarta in March 2015 was the first of many to come for the city this year, where the government has estimated that more than 1000 terminals are required to cover the entire on-street parking locations in Jakarta.

    So far, the implementation of on-street parking terminals in Jakarta has been met with positive response by the general public as well as the city government who has seen its revenues from on-street parking increase by 12-fold, as paying the fee at the machine plugs leaking revenues and promotes transparency and accountability.

    As Cale reaches its 60th anniversary this year, and with plans of expansion in other cities of Indonesia, 2015 will be the year that the company further solidifies its presence in Asia.

    Cale offers innovative and efficient parking solutions. From the start in 1955, Cale has developed into a world leading brand within the parking business, with a turnover close to half a billion SEK. Cale has subsidiaries, distributors and customers all around the world.