Tag Archives: market

Lagos, Nigeria – The bustling thoroughfares and vibrant stalls of Mile 12 International Market, a critical artery for food and goods distribution in Lagos, are currently experiencing an unprecedented economic squeeze as Nigeria grapples with a persistent and escalating inflation crisis. Traders at this pivotal commercial hub, along with their counterparts across the nation, find their livelihoods increasingly precarious, caught …

The Indonesian electric vehicle (EV) market, particularly the Battery Electric Vehicle (BEV) segment, is overwhelmingly dominated by China, positioning the East Asian nation as the primary actor in the country’s electrification trajectory. This stark reality was highlighted by Agus Purwadi, a senior researcher at the Center for Sustainable Transportation Systems at the Bandung Institute of Technology (ITB), during a presentation …

Jakarta, Indonesia – April 15, 2026 – In a bold departure from the prevailing trend of automotive manufacturers aggressively vying for market share in the affordable car segment, PT Hyundai Motors Indonesia (HMID) has articulated a deliberate strategy of strategic patience. Rather than joining the competitive fray, Hyundai is adopting a measured approach, choosing to await the opportune moment before …

The Indonesian used car market is undergoing a significant transformation, driven by a new generation of consumers who are more informed, digitally empowered, and critically discerning than ever before. This shift, particularly evident among urban millennials and Gen Z, is fundamentally altering how potential buyers engage with dealerships and the overall purchasing process. This evolving consumer behavior is compelling businesses …

The landscape of purchasing pre-owned automobiles is undergoing a significant transformation, driven by a new generation of discerning buyers who are armed with information and demanding greater assurance. Gone are the days when the phrase "buying a cat in a bag" accurately depicted the used car market. Today, particularly among millennials and Generation Z, a more critical and informed approach …

The landscape of Indonesia’s food and beverage industry has reached a significant milestone with the official inauguration of PT LOTTE Indonesia’s latest high-tech manufacturing facility in Cikarang, West Java. This strategic expansion is specifically dedicated to the production of the company’s flagship product, LOTTE CHOCO PIE, and represents a multi-million dollar commitment to the Indonesian market. By integrating cutting-edge manufacturing …

The Indonesian electric vehicle (EV) market, after a period of robust growth, has encountered a notable slowdown in sales distribution during March 2026. This downturn, reflected in the wholesale data from the Indonesian Automotive Industry Association (Gaikindo), saw overall EV sales decrease by 14.15% compared to the previous month. Among the brands experiencing this decline is Polytron, a relatively new …

As 2026 unfolds, the enduring appeal of the PlayStation 4 (PS4) console remains remarkably high, particularly for gamers seeking access to its vast and acclaimed library of titles at increasingly accessible price points. Despite the launch of the PlayStation 5 in late 2020, the PS4 continues to command a significant presence in the global gaming landscape, having sold over 117.2 …