You've been preparing for your upcoming holiday and splurged on cool new beach wear. Now you're all ready to show off that beach bod and have some fun in Bali, when suddenly a wave of emails from work come crashing down, knocking you from that surfboard. You might think your vacation is ruined, but fear not! As the mecca of digital nomads, this paradise is no stranger to busy travellers like yourselves.
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Are you one of those people who is thinking of quitting your corporate job and planning on starting up your own business but is a little hesitant to begin? Don’t worry, you are not alone in this predicament.
Bank regulations, creditworthiness, and geographical challenges of an archipelago have strongly contributed to limited access to banking solutions in Indonesia. A staggering 66% of the population, or around 180 million Indonesians, are unbanked. Yet, there are many ways to engage the unbanked, like creating an alternative credit scoring system or digitizing private sector wage payments, but what took the center stage is e-money (electronic money). e-money is great because it's a very convenient way to top up, particularly for people living in the rural areas, it doesn't require a bank account to setup, and there's no monthly fee attached that's typically seen in banks. With a high mobile penetration rate among the unbanked (7 out of 10 people who don't own a bank account owns a mobile phone) and low usage of financial services among smartphone users in the country (less than 40%), Indonesia is a very attractive market for fintech (financial technology) companies to come in and provide alternative digital banking solutions and other services. Needless to say, entrepreneurs, banks, and conglomerates caught on pretty quickly and competition in the industry has become very intense, very quickly. Currently, there are over 100 apps more or less with an e-money/e-wallet concept in the market.
While they're fighting for market dominance, end consumers are reaping the benefits. Just by being informed and tech-savvy, you can exploit and leverage it to help you make the most out of your money! There are also other extremely practical apps that can potentially help you to save big on dining, entertainment, and fitness options in Jakarta that will be discussed further below.
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It wasn't until the 90's that the startup world began to take shape. Back in the days, working for a startup was not a popular choice at all, most people would opt to work for a big corporation because of the impressive reputation that precedes the brand, job stability, better mentorship, and higher salary among others, which are not typically found in a startup. Arguably, that is still the pattern to this day, however, it's much less prevalent.
As we wrap up the Chinese New Year celebrations and return to the daily grind feeling inspired, people often use this moment to reassess their career and personal goals as they plan for a successful year ahead. Perhaps, January wasn't as productive as planned as some people are still recovering from the Christmas and New Year hangover. Don't worry, according to the Chinese solar calendar, that was last year. So let the bygones be bygones! It's time to step on the gas and get to where you want to be. We shortlisted 5 ways you should be doing to give your career a head start.
Kicking this article off with a famous quote by F. M. Alexander "people do not decide their futures, they decide their habits and their habits decide their future" It's true, we are all creatures of habit. Improved performance and productivity at work don't just happen overnight, it's simply a byproduct of good habits in the workplace. Having said that, building a habit is easier said than done, while there's no concrete time frame on how long it takes to form a habit, it's believed to be around 66 days and consistency is key. So if you haven't worked on creating good work habits it's never too late!
Much of productivity in the workplace can be attributed to the working culture embedded in each country, a one-size-fits-all solution to increase employee productivity simply isn't effective. In order for a company to increase it's competitiveness, it's important that employee productivity is measured correctly. There are many different ways on how to measure productivity out there such as dollar per hour or units per output/units of input. However, many of these metrics have limited applicability in the service sector.
This article will outline common workplace cultures and behaviours in Indonesia along with handy quick fixes that you can implement to your local team immediately!
When it comes to planning events, there are a whole host of questions you have to ask yourself. Possibly the most important out of these is what type of event are you hosting - is it an intimate end-of-year team dinner, is it a product launch, or a conference with multiple guest speakers? When you know the answer to this, then you can figure out what type of venue you should look for, namely what size venue would best suit your event. So let's go over some of the factors that will help you find the right event space for your needs.
Procrastination is a near-universal phenomenon. Who doesn't find their minds wandering, scrolling through their phone, or even working longer on one task to avoid starting another?