The Indonesian Young Entrepreneurs Association (HIPMI) responded to rising Pertamax fuel prices, calling for government action to protect businesses and consumers. They highlighted the adverse effects on high-mobility industries and MSMEs. HIPMI recommended measures like improving logistics efficiency and targeted incentives to mitigate operational cost pressures and support economic growth.
Tag: Business
Malaysia and Japan Forge Strategic Partnership to Build a Resilient Technology Ecosystem
Malaysia and Japan are enhancing their partnership through a focus on technology, sustainability, and innovation. Prime Minister Anwar Ibrahim highlighted their historical collaboration in electronics and semiconductors, emphasizing trust as key to growth. Initiatives like the Asia Zero Emission Community aim for a low-carbon future, while future efforts will target the digital economy and artificial intelligence.
Indonesia Implements RON92 Petrol Price Hike Amid Subsidy Reform
Indonesia has raised the price of RON92 petrol, effective immediately, aiming to align domestic fuel costs with global market trends. This decision, made after extensive discussions, is intended to lessen subsidy burdens while promoting efficient fuel consumption. The adjustment may impact transportation costs and overall prices in the economy.
San Miguel Corporation Targets 2028 Completion of New Manila International Airport Runway
San Miguel Corporation (SMC) has reaffirmed its commitment to delivering one of the Philippines’ most ambitious infrastructure projects—the New Manila International Airport (NMIA) in Bulacan. During the company’s annual stockholders’ meeting, SMC Chairman and CEO Ramon Ang announced that construction of the airport’s first runway remains firmly on track for completion by 2028, with the…
Turkish Aerospace Eyes Kertajati as Indonesia’s Emerging Aircraft Assembly Hub
Turkish Aerospace plans to establish an aircraft manufacturing hub in Kertajati, West Java, revealed during the Indonesia Aerospace Ecosystem Forum 2026. This initiative aims to enhance Indonesia’s role in the global aerospace supply chain, leveraging local talent and infrastructure while fostering industrial partnerships to meet increasing global demand for aircraft.
Private Equity’s Beauty Boom: Navigating Growth, Exits, and Innovation in 2025
In recent years, private equity (PE) has become a significant player in the beauty industry, driving mergers and acquisitions (M&A) that reshape the landscape for both established brands and newcomers. As investor confidence in beauty continues to rise, the implications of this trend extend beyond boardrooms and balance sheets, affecting consumers and emerging brands alike….
Financial Markets: 4 December 2024
One of the most significant moves has been BlackRock’s acquisition of HPS for $12 billion, a strategic maneuver aimed at reinforcing its position within the private credit market. This acquisition is BlackRock’s third substantial deal this year and reflects a trend toward deeper investments in alternative assets. With HPS under its umbrella, BlackRock has ascended…
5 Essential Practices for Strengthening Your Cyber Resilience Strategy
Owning a business comes with unprecedented opportunities and formidable challenges. The ability to communicate instantly and share information across multiple online channels has revolutionized the way we operate. However, this connectivity also exposes businesses to various cyber threats and vulnerabilities. It is crucial for organizations to implement robust strategies to enhance their cyber resilience, ensuring…
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