Bobby Hermanus (Mandiri Institute) (The Jakarta Post) PREMIUM Jakarta ● Wed, February 8 2023 We have only just passed 2022, and changes occurred throughout that year. It began with an increase in COVID-19 cases caused by the Omicron variant, followed by the war between Russia and Ukraine. Over the next few months, we saw social mobility increase dramatically since Ramadan, and heading toward the year-end, we welcomed the Group of 20 Bali Summit in November and then the revocation of the public activity restrictions (PPKM) on the eve of New Year’s Eve. Globally, accelerating inflation rates in major countries was another significant event that affected the global economy. In response to high inflation, the monetary authorities in many countries, including Indonesia, raised their policy rates. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No … [Read more...] about Consumer spending insights from 2022 to early 2023
Rik Sharma (Agence France-Presse) (The Jakarta Post) PREMIUM Barcelona, Spain ● Wed, February 8 2023 Real Madrid heads to Morocco in search of its fifth Club World Cup trophy, a welcome distraction from crisis talk after falling eight points behind rival Barcelona in La Liga on Sunday. Carlo Ancelotti's side was beaten 1-0 at Real Mallorca in a frustrating game that dented its bid to retain the Spanish league title, but it can earn its second piece of silverware of the season this week. Madrid lifted the European Super Cup in August, beating German side Eintracht Frankfurt, but was damaged by defeat against rival Barcelona in the Spanish Super Cup final in January. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and programs Subscription to our newsletters We accept … [Read more...] about Club W. Cup opportunity gives Madrid respite
Agence France-Presse (The Jakarta Post) PREMIUM Tokyo ● Wed, February 8 2023 Japan's SoftBank Group on Tuesday reported a surprise US$5.9 billion net loss in the third quarter, as a slump in the tech sector continued to hit the investment behemoth's bottom line. The loss compared with the net profit of 29 billion yen (US$219 million) the firm reported in the same three-month period in 2022. Its two Vision Fund investment vehicles alone lost 660 billion yen in October-December, "reflecting declines in the share prices of a wide range of portfolio companies", SoftBank said. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions Privileged access to our events and programs Subscription to our newsletters We accept Register to read 3 premium articles for free Already subscribed? login Or let … [Read more...] about SoftBank Group reports $5.9b third-quarter loss on back of tech slump
Tangi Salaün and Dominique Vidalon (Reuters) (The Jakarta Post) PREMIUM Paris ● Wed, February 8 2023 Public transportations, schools and refinery supplies were disrupted on Tuesday in France as trade unions led a third wave of nationwide strikes against President Emmanuel Macron's plans to make the French work longer before retirement. Tuesday's multi-sector walkouts and street protests come a day after pension reform legislation began its bumpy passage through parliament and are a test of Macron's ability to enact change without a working majority in the National Assembly. The government says people must work two years longer, meaning for most until the age of 64, in order to keep the budget of one of the industrial world's most generous pension systems in the black. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No advertisements, no interruptions … [Read more...] about Third wave of pension protests keeps pressure on Macron
(The Jakarta Post) PREMIUM Jakarta ● Wed, February 8 2023 The bankruptcy of CoHive, one of Indonesia’s largest coworking start-ups, has sent chills through the industry, with many expecting difficult times for businesses in the sector this year, though the COVID-19 pandemic is no longer a hindrance for people returning to flexible work. The Central Jakarta District Court delivered its verdict approving the bankruptcy of PT Evi Asia Tenggara, which manages the CoHive brand, filed by its creditors after the company failed to conclude arrangements on its liabilities during the debt suspension period. Evi Asia Tenggara wrote on its website that the prolonged pandemic, an unfavorable office supply situation and challenging fundraising environment as factors contributing to its filing for bankruptcy. to Read Full Story SUBSCRIBE NOW Starting from IDR 55,500/month Unlimited access to our web and app content e-Post daily digital newspaper No … [Read more...] about CoHive bankruptcy sends chills through surviving coworking businesses
Sign up to our free sport newsletter for all the latest news on everything from cycling to boxing Sign up to our free sport email for all the latest news St Helens ’ Joe Batchelor has revealed the sense of “disrespect” that is driving the four-time defending Super League champions to upset the odds in their World Club Challenge clash with Penrith Panthers. Saints face the NRL champions at the BlueBet Stadium in the Sydney suburbs on February 18 having been written off by many despite their unprecedented recent dominance of the domestic game. And in an era when Super League stars are routinely linked with big-money moves Down Under, Batchelor has called on other English sides to put traditional rivalries on hold and back their bid to reinvigorate rugby league’s world order. “We’ve been written off by many people and probably been disrespected in a way we shouldn’t be,” said the Saints backrower, who made his England debut in their crushing World Cup … [Read more...] about St Helens spurred on by being ‘written off and disrespected’
Stay ahead of the trend in fashion and beyond with our free weekly Lifestyle Edit newsletter Stay ahead of the trend in fashion and beyond with our free weekly Lifestyle Edit newsletter Harry Styles and Taylor Swift have been praised as displaying friendship goals after the former couple was seen supporting one another during the 2023 Grammys . On Sunday 5 February, Styles, 29, and Swift, 33, who dated briefly between 2012 and 2013, reunited at the Grammy Awards in Los Angeles. During the ceremony, the pair was photographed talking in the crowd, with photos showing Styles and Swift exchanging a fist bump. “Now this is a another historic #Grammys moment. During Steve Lacy’s performance, Taylor Swift snuck over to talk to Harry Styles. They hug and talk for a long time over his table,” The Hollywood Reporter ‘s Chris Gardner tweeted, along with a video of the encounter. Swift also proudly supported Styles at other key moments during the awards … [Read more...] about Fans react to Taylor Swift’s support of ex Harry Styles at the Grammys
For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Florida is the world’s shark attack hotspot , new research has revealed. With more reported shark bites than anywhere else on Earth in 2022 , the Sunshine State saw 16 attacks in total, according to the University of Florida’ s International Shark Attack File. None of these attacks was fatal, but two – understood to be by bull sharks – resulted in those injured needing amputations. However, the number of shark attacks hit a 10-year low worldwide, with a total of 57 unprovoked bites in 2022. The majority of these occurred across the United States and Australia, of which five attacks were fatal . This was down from nine deaths in 2021 and 10 in 2020. The new findings indicate that the global incidence of shark bites is decreasing, posing a reduced threat to human life which will give peace of mind to … [Read more...] about Mapped: World’s shark attack hotspots revealed
Nikki Haley is set to announce her run for the GOP primary, challenging former president Donald Trump . It's no surprise the former governor of South Carolina, who served as Trump's ambassador to the United Nations for almost two years, has had her eye on the presidency. The question remains: is America ready for a female Republican president? While Haley has not held public office since 2018, when she resigned as ambassador, she has carefully, purposefully, remained in the public eye, so that when this moment came we would not have forgotten her. Haley has been staying relevant and close to politics. She's been championing women running for Congress via her PAC and she penned two books—one about her time in politics, the other about women leaders. Now, in 2023, she is in a unique position in terms of skill, achievement, and placement among her peers. Not unlike Hillary Clinton or Sarah Palin , Haley boasts significant experience in governance, leadership ability, and … [Read more...] about Is America Ready for a Female Republican President?
Russian forces have been trying to restart offensive operations in Ukraine since the beginning of the year, but they are being hampered by problems with manpower and ammunition, according to British defense officials. In its daily update, the U.K. Ministry of Defence (MOD) said on Tuesday that Russia was "almost certainly" aiming to capture the areas of the Donetsk oblast that are currently held by Ukraine. However, Russian troops "have only managed to gain several hundred metres of territory per week." These gains have only been incremental because Russia is likely to be lacking the munitions and units required for successful offensives. It also said that senior Russian commanders have undermanned and inexperienced units, as they face political and professional pressure "to achieve unrealistic objectives," while Russian leaders continue to demand "sweeping advances." It is "unlikely" that Russia can build up the forces needed to make a significant impact on the war in the … [Read more...] about Russia only managing tiny advances amid ammo and troop issues: U.K.