Deni Ghifari (The Jakarta Post) PREMIUM Jakarta ● Thu, February 9, 2023 PT Mandiri Capital Indonesia (MCI), state-owned lender Bank Mandiri’s venture capital arm, announced on Wednesday that it would begin holding its Xponent business matchmaking event for start-ups on a quarterly basis. The event was first held in October of last year and involved more than 40 start-ups and 20 business divisions under Bank Mandiri. It resulted in five partnerships between start-ups and Mandiri divisions. This year, Xponent will be held on a quarterly basis, with the first event in March. Last year, it was held only once. 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 … [Read more...] about Mandiri to hold quarterly business matchmaking events for start-ups
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Local cosmetics brand Sioris to be sold in six more Asian regions
Park Jin-young, founder and lead producer of JYP Entertainment, poses with a Sioris makeup product. [SIORIS] Sioris, a local cosmetics brand invested in by K-pop agency JYP Entertainment, announced Friday that it will expand its business to six more Asian regions. It will open in Sephora stores both on and offline in Singapore, Malaysia, Thailand, the Philippines, India and Indonesia. In Korea, the brand currently sells its products through online shopping channels like Olive Young and 29CM. Sioris launched in 2017 and promotes its products as organic, claiming they are made from “fresh” ingredients and use “zero-waste” packaging. Park Jin-young, the founder and lead producer of JYP Entertainment, participated in creating Sioris’s makeup products. It is the agency’s first investment in a field other than music. Sioris said that it plans to launch a new collection of products for the body, like body wash and body lotion, within the first half of 2023. BY SHIN MIN-HEE … [Read more...] about Local cosmetics brand Sioris to be sold in six more Asian regions