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Location of Indonesia. Indonesia is a unitary sovereign state and transcontinental country located mainly in Southeast Asia with some territories in Oceania. Indonesia's economy is the world's 16th largest by nominal GDP and the 8th largest by GDP at PPP, the largest in Southeast Asia, and is considered an emerging market and newly industrialised country.
Studies conducted by the Jakarta Post reveal that it is the fifth most popular fast food chain in Indonesia after Restoran Sederhana, KFC, McDonald's and Pizza Hut. [6] As the Westernization of Indonesia took off in the 1990s, California Fried Chicken took advantage of the growth of American-style malls in the country, reaching 90 locations by ...
PT Sumber Alfaria Trijaya Tbk or Alfamart is a primarily-franchised Indonesian convenience store chain. As of June 2023, it has over 18,000 stores in 27 provinces spread across Indonesia, with 4 million daily customers and tens of thousands of micro, small and medium-scale business partners. [1]
The first KFC franchise opened in the United States in 1952. [2] The first overseas franchise was established in the United Kingdom in May 1965. A large number of Caribbean and developed Western markets entered by the early 1970s. This was followed by expansion throughout the Middle East and developed Asian markets from the mid-1970s and into ...
Its master franchisee, PT Fastfood Indonesia, was publicly listed on the Indonesian Stock Exchange in 1993. [63] In November 2024, KFC Indonesia reported a net loss of 557.08 billion IDR (above US$36 million) during the third quarter of 2024. In response, PT Fastfood Indonesia closed 47 stores and laid off 2,274 employees by September 2024.
Bisnis Indonesia (lit.Indonesian Business) is a daily business newspaper published in Jakarta, Indonesia.It is published by PT Jurnalindo Aksara Grafika, a subsidiary of Bisnis Indonesia Group originally founded by three conglomerate businessmen in Indonesia: Sukamdani Sahid Gitosardjono (Sahid Group), Ciputra (Ciputra Group), Anthony Salim (Salim Group), and media veteran Eric FH Samola.
The Press in New Order Indonesia (Equinox Publishing, 2006) online; Hill, David T. Journalism and Politics in Indonesia: A Critical Biography of Mochtar Lubis (1922-2004) as Editor and Author (2010) Isa, Zubaidah. "Printing and publishing in Indonesia, 1602-1970' (PhD Dissertation, Indiana University, 1972.)
A franchise is merely a temporary business investment involving renting or leasing an opportunity, not the purchase of a business for the purpose of ownership. It is classified as a wasting asset due to the finite term of the license. Franchise fees are on average 6.7% with an additional average marketing fee of 2%. [10]