Business

Workers handle palm oil fruits at an oil palm plantation in Slim River, Malaysia August 12, 2021. REUTERS/Lim Huey Teng Register now for FREE unlimited access to Reuters.com Register JAKARTA, May 11 (Reuters) – Indonesia is seeking a balance between capitalising on high global palm oil prices while ensuring food …

As millions of Indonesians travelled to their hometowns to celebrate Eid al-Fitr, one common struggle was being discussed in most family gatherings: the price of cooking oil. “I always host Eid al-Fitr celebrations for my big family. I cook everything for around 20 of us. But this year is the …

Sea, one of south-east Asia’s largest technology companies, is preparing a move into Indonesia’s insurance sector as it battles regional “super app” competitors for dominance in one of the world’s fastest-growing markets. The Singapore-based company has drawn up plans to acquire an insurance company in Indonesia, the region’s largest economy …

Thomas Tuchel is poised to strengthen his Chelsea squad this summer once Todd Boehly’s consortium completes its takeover at Stamford Bridge Declan Rice has dropped a hint about his future Chelsea face a busy summer with LA Dodger’s co-owner Todd Boehly’s consortium poised to complete its takeover of the club. …

Earning new customers is vital to the growth of any small business, and leveraging marketing strategies is the most effective way to accomplish that goal. However, small business owners often have to wear multiple hats to keep their business running. This can result in their marketing strategy falling to the …

Depth in manufacturing is a key requirement to gain self-reliance in the electronic industry, and a special thrust on designing locally can help achieve this, said HCL Founder Ajai Chowdhry on Wednesday in the capital. “Government should have a special thrust on designing in every PLI scheme as this will …

Quartz, the digital business publication, is scrapping its paywall. The company announced the change on Thursday in an unusual reversal of the media business model that has taken hold in recent years as advertising has wavered: requiring readers to pay for digital access. “Quartz’s mission is to make business better, …

In a time of geopolitical chaos and inflation, Simon Mikhailovich’s extreme wealth preservation strategies don’t seem so paranoid. Cyberattacks. Inflation. Pandemic. Is your money safe? The question is asked by Simon Mikhailovich, a Russian émigré and entrepreneur who is in the business of selling a certain kind of safety. His …

While most Muslims prepare to break their fast at sunset during Ramadan, not all will be able to relish the sweet release of their first meal of the day. For those in hospitality like Elzhe Pahir, chef and manager at Tarim Uyghur Handmade Noodles in Auburn, the day ratchets up …

Are you one of the people who hates Hollywood because Hollywood only serves up superhero movies and sequels … most of which are sequels to superhero movies? Well, here’s some encouraging news: Two of the highest-grossing movies of 2022 are romantic comedies: The Lost City, starring Sandra Bullock and Channing …