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Economy 1 year ago
PREMIUM
Hospitality industry braces for tougher periods in ‘survival mode’
The Indonesian Hotels and Restaurants Association (PHRI) has asked the government to reconsider a stipulation that orders ministries to cut spending for official trips by a minimum of 50 percent as well as to refrain from hiking value added tax to 12 percent next year.
Academia 1 year ago
Greater Jakarta under the threat of diabetes epidemic
Consumption of fast foods characterized by refined carbohydrates products, sugars and unhealthy fats raises blood sugar levels, and additional pressure on insulin function is observed. Eventually, this pattern leads to insulin resistance, a condition associated with type 2 diabetes, weight gain and obesity, among other health complications.
Companies 1 year ago
PREMIUM
Nightclub operator Holywings gears up for Asia expansion, IPO
The company declined to disclose the target size for the listing but revealed that its current valuation was around US$300 million, a significant increase from the $150,000 the founders initially invested a decade ago.
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