Indonesia’s family businesses could be a gold mine if mindsets change

Indonesia's family businesses could be a gold mine if mindsets change

November 27, 2023 JAKARTA – Many businesses in Indonesia remain under family control, but investment bankers say the segment offers ripe pickings for corporate action including initial public offerings (IPOs) once a new mindset – or a new generation – takes hold. Indonesia has a low stock market capitalization-to-GDP ratio when compared to other countries, … Read more

K-pop, social media fuel male beauty industry in Indonesia

November 6, 2023 JAKARTA – Cultural changes have made male grooming more popular, especially in parts of Asia, and what has become a generational trend in South Korea is only just beginning in Indonesia. Some Indonesian companies are making their products more widely acceptable to both sexes by featuring male models in advertising campaigns. In … Read more