Megabuild Indonesia & Keramika Indonesia press conference with the theme Sustainable Future: Connection, Collaboration, and Innovation, Megabuild & Keramika Indonesia 2024. FOTO/dok.SINDOnews
JAKARTA – The construction industry is experiencing dynamic growth with an estimated growth of 4.5% in 2024. With significant annual growth in the third quarter of 2023 and its contribution to GDP, a new era can be seen for the construction industry.
“With significant annual growth in the third quarter of 2023 and its contribution to GDP, we see a new era for the construction industry,” said Royanto Handaya, President Director of Panorama Media, Thursday (2/5/2024).
So, to continue to encourage the growth of the construction industry, the Megabuild Indonesia & Keramika Indonesia 2024 event will be held. This exhibition aims to be a means for industry players to expand networks, collaborate and innovate in a sustainable manner.
“Through the theme ‘Sustainable Future: Connection, Collaboration, and Innovation,’ Megabuild & Keramika Indonesia 2024 demonstrates a joint commitment to supporting green growth and sustainable development,” added Royanto.
The event, which will take place from 9-12 May 2024 at the Jakarta Convention Center, marks the 21st edition of Megabuild Indonesia and the 10th edition of Keramika, while confirming its position as the most comprehensive building materials and ceramics exhibition in Indonesia. This exhibition is designed not only as a show-up event but also as the main platform for the exchange of knowledge and demonstration of the latest innovations.
ASAKI Chairman Edy Suyanto explained that more than 200 leading global brands will participate, enriching the event with innovative solutions in the building materials and ceramics industry. “This event can elevate the Indonesian ceramic industry to the global stage and introduce best practices that support sustainable development,” said Edy.
Chairman of IAI Jakarta, Doti Windajani, added that sustainable architecture is not just a trend, but is a fundamental need in responding to climate change and optimizing the use of natural resources more responsibly.
On the other hand, the Secretary General of HDII, Adi Surya T, emphasized that the importance of integrating innovative and sustainable design in every development project cannot be overstated. “This event paves the way for designers and architects to utilize the latest technology and strategies in creating efficient and aesthetic spaces,” said Adi.
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#Entering #Era #Construction #Industry #Predicted #Grow #Dynamically
2024-05-02 22:39:55
https://www.worldysnews.com/entering-a-new-era-the-construction-industry-is-predicted-to-grow-dynamically-in-2024/
California’s New Law: How It Will Impact Restaurant Menu Prices as Summer Approaches
Chef Andrew Gruel Discusses Impact of California’s Minimum Wage Hike on Restaurants
California is set to experience another round of menu price increases as a new law takes effect in the summer, following recent hikes by fast-food chains in response to the state’s $20 minimum wage mandate. Restaurant owners are sounding the alarm over a new law signed by Gov. Gavin Newsom that prohibits “junk fees” starting July 1, forcing them to raise prices to offset the loss of revenue from surcharges and fees.
Challenges Faced by Restaurant Owners
Traditionally, restaurant owners have used surcharges to provide benefits like health care to their employees. With the new law banning such fees, businesses are left with no choice but to raise menu prices to comply with the regulations. This shift poses a dilemma for owners, who must now decide between reducing wages or risking customer dissatisfaction with higher prices.
Industry Impact and Responses
California’s attorney general has confirmed that the new law will make restaurant surcharges and fees illegal, dealing a significant blow to the industry. Golden Gate Restaurant Association Director Laurie Thomas expressed concerns about the potential consequences, highlighting the tough choices facing businesses in balancing employee wages and customer affordability.
Expert Insights and Predictions
Food writer Marcia Gagliardi predicts that consumers will see price hikes of 5% to 15% as a result of the new law. The industry is bracing for higher costs, with uncertainties about the future impact on businesses and customers. Despite the challenges, there remains hope for positive changes in the industry’s response to the evolving regulations.
Conclusion
In conclusion, the ongoing changes in California’s restaurant landscape reflect the complex interplay between regulatory mandates, business operations, and customer expectations. As the industry navigates these challenges, stakeholders are urged to adapt and innovate to ensure sustainability and growth in the face of evolving economic conditions.
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California’s New Law: How It Will Impact Restaurant Menu Prices as Summer Approaches
Sony and Apollo Make $26 Billion Takeover Bid for Paramount Global
Sony Group and US investment firm Apollo Global Management have made a $26 billion (about 4 trillion yen) takeover bid for US film and television giant Paramount Global. This was revealed by a host of people familiar with the matter. Paramount owns the CBS and MTV television networks.
The proposed acquisition by Apollo and Sony is described as a non-binding expression of interest, people familiar with the matter said. The people spoke on condition of anonymity because the discussion involved a preliminary proposal. In addition to acquiring all of Paramount’s stock in cash, the company will also take over Paramount’s debt.
Sony in talks with Apollo on joint acquisition offer for Paramount – Officials (3)
The takeover bid was first reported by the New York Times (NYT) and other newspapers.
Paramount is considering a merger proposal from David Ellison, head of independent film and television production company Skydance Media. It is expected that the period of exclusive negotiations between the board of directors of Paramount and Mr. Ellison finished on the 3rd. Paramount is controlled by Shari Redstone through her family’s holding company, National Amusements.
Ellison’s proposal includes acquiring a controlling stake in the Redstone family at a premium and merging Skydance with Paramount. The proposal has been criticized by Paramount shareholders who are concerned that it will dilute their stake, and some have called on the company to consider other options.
Sony, already a major player in the entertainment industry, is most interested in Paramount’s film and television portfolio. The deal being considered would involve Sony acquiring a majority stake in the new company and Apollo becoming an investor. However, the proposed acquisition would likely be subject to regulatory scrutiny because it would have foreign ownership and would lead to a major merger between two major Hollywood studios.
If Sony pursues the acquisition of Paramount, there will be a security review as well as an investigation by competition authorities.
news-rsf-original-reference paywall”>Original title: Sony, Apollo Offer to Buy Paramount Global in $26 Billion Deal (excerpt)
(Add and update information and background on proposed acquisition)
#Sony #Apollo #offer #billion #takeover #offer #Paramount #Sources #Bloomberg
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Sony and Apollo Make $26 Billion Takeover Bid for Paramount Global