Today's Top 3 News: Pizza Hut Indonesia Closes Outlets, Reduces Workforce

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November 21, 2024 | 09:45 pm

TEMPO.CO, JakartaTempo English compiled the top 3 news on Thursday, November 21, 2024. Here are the highlights: Pizza Hut Indonesia Closes Outlets, Reduces Workforce, Indonesia's IKN Emerges as Tourist Destination, Welcoming 5,000 Daily Visitors, and Indonesia Will Provide US$30 Million to Fund WHO Activities, Prabowo Says.

The following is the list of the top 3 news on Tempo English today:

1. Pizza Hut Indonesia Closes Outlets, Reduces Workforce

TEMPO.CO, Jakarta - PT Sarimelati Kencana Tbk (PZZA), the licensee of Pizza Hut in Indonesia, has reported a decline in both its outlet count and workforce. In its unaudited financial report for the third quarter of 2024, the company revealed that the number of outlets had decreased from 615 in September 2023 to 595 in September 2024, meaning the closure of 20 outlets within a year.

“As of September 30, 2024, and December 31, 2023, the company operated 595 and 615 Pizza Hut outlets in Jakarta and other cities in Indonesia, respectively,” as stated in the company's report to the Indonesia Stock Exchange (IDX) on Monday, November 18, 2024.

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2. Indonesia's IKN Emerges as Tourist Destination, Welcoming 5,000 Daily Visitors

TEMPO.CO, Jakarta - The Nusantara Capital City Authority (OIKN) has revealed that the Nusantara Capital City (IKN) is now attracting about 3,000 to 5,000 visitors daily. This influx comprises both domestic and international tourists, as well as prospective investors.

Lazuardi Nasution, OIKN Director of Investment and Business Convenience, shared this insight during a presentation on IKN's development progress at the ESG Symposium 2024 in Central Jakarta on Tuesday, November 19, 2024. “IKN is now open to visitors, and there are around 3,000 to 5,000 visitors daily. So we believe that IKN is one of the tourist destinations,” he emphasized.

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3. Indonesia Will Provide US$30 Million to Fund WHO Activities, Prabowo Says

TEMPO.CO, Jakarta - Indonesia is committed to providing US$30 million to support the World Health Organization (WHO), President Prabowo Subianto announced during the G20 Summit in Rio de Janeiro, Brazil, on Tuesday, November 19, 2024.

"We are willing to commit US$30 million to bridge funding gaps for WHO activities. We hope this can positively contribute to the noble work done by the United Nations," he said.

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