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Retail

Jakarta Retail - March 2021

"Indonesia's GDP plunged 2.007% in 2020 - a marked downturn from the previous year when the country recorded growth of 5.02%. SEA's biggest economy last experienced a contraction in 1998, when GDP fell by 13.1% during the Asian Financial Crisis."

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Retail

Rise of the Virtual Kitchen

"Virtual or cloud kitchens – also known as ‘ghost kitchens’ – are a virtual restaurant which operate solely for delivery services. Unlike traditional restaurants, cloud kitchens do not necessarily have seating areas for dine-in or even a shopfront."

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