Category Archives: Eddy Leks Column

Everyone Can Own a House

Constructing one million houses for low-income communities (LIC) is a worthy goal. The home ownership rate in Indonesia is 79% and the rest is either renting or have other arrangements. Some 12 million families do not have homes at all. Therefore, the goal is noble, the need tangible and the problem real.

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Balancing Franchise Growth with Aid to SMEs

the Ministry of Trade issued a new regulation to limit the expansion of international restaurant chains, such as McDonalds, KFC and others. The regulation stipulates that the number of outlets owned and managed by either a franchisor or franchisee cannot exceed 250. However, if the company already operates 250 outlets, and would like to add more outlets above the 250 limits, the new outlets have to be franchised by way of a joint venture with a small or midsized enterprises (SMEs)

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The Ins and Outs of Joint Venture

A joint venture (JV) is a business arrangement in which two or more parties pool their resources for the purpose of accomplishing a specific task, such as a new project or other business activity. In a JV, each participant is responsible for profits, losses and costs associated with it. However, the venture is its own…
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