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Business Process, Economy

Comprehensive Guide to Risk Management in Multinational Companies

For multinational companies, these challenges become far more complex. This is because operating in many countries means facing different regulations, cultures, economic conditions, and political situations. They are faced with cross-border legal risks, foreign currency fluctuations, geopolitical instability, differences in work culture, and vulnerabilities in the global supply chain.

Business Process, Finance

The Impact of Fiscal Policy on the Business Sector

Fiscal policy was first introduced by John Maynard Keynes, and became widely adopted globally following the Great Depression after World War I in 1929. According to Keynes, the government has the right—and obligation—to manage national income and expenditure by setting taxes and creating policies to support macroeconomic stability.

Economy, Finance

The Role of GDP in Assessing Economic Performance

Gross Domestic Product (GDP) is the total value of all final goods and services produced by a country within a specific time period, usually one year. Academically, GDP used as the main indicator to measure a country’s economic performance because it reflects the level of production and overall economic activity.

Economy, Finance

How Indonesia Is Responding to Trump’s Tariff Threats and Global Economic Uncertainty

Indonesia is now facing a 32% tariff that affects strategic sectors such as textiles, footwear, electronics, rubber, and palm oil, industries that provide employment for a significant portion of the population.

Economy, Supply Chain

The Relationship Between International Trade and Macroeconomics

For developing countries like Indonesia, participation in global trade opens significant opportunities for economic growth and job creation. However, this openness also presents challenges, ranging from global market fluctuations to the impacts of foreign (partner country) policies. Therefore, a deep understanding of international trade dynamics is crucial for formulating resilient and adaptive economic strategies.

Business Process, Finance

Risk Management Strategies for Small and Medium Enterprises

Micro, Small, and Medium Enterprises (MSMEs) play an important role in the Indonesian economy, both in creating jobs and driving economic growth. However, MSMEs also face various challenges and uncertainties that can threaten their business continuity, one of which is risk. Risk can arise from various aspects, such as finance, operations, market competition, regulatory changes, and technological threats.