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  • Digital Business Study Program FEB UNS Hosted a Series of Inbound Scholar Activities in collaboration with Universiti Teknologi MARA

    Digital Business Study Program FEB UNS Hosted a Series of Inbound Scholar Activities in collaboration with Universiti Teknologi MARA

    The Digital Business Study Program, Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS) in collaboration with Universiti Teknologi MARA Malaysia, hosted a series of in-bound scholar activities from May 26 to May 30, 2023.

    Digital Business Study Program FEB UNS attending general lectureThe first activity was a General Lecture on Finance entitled “Capital Structure and Dividend” delivered by Prof. Shafinar Ismail, which was attended by all of the Digital Business Study Program students. This event was conducted at Konimex Hall of Bachtiar Effendy Building FEB UNS. The General Lecture allows participants to gain insight and a lecture experience with lecturers from Malaysia.

    The following agenda was conducted on May 27, 2023. This General Lecture entitled “Recent Issues in Empirical Finance Research” was delivered by Prof. Shafinar Ismail in room 4302 Bachtiar Effendy Building FEB UNS.

    Inbound Scholar by Digital Business Study ProgramThe event was attended by the Master of Management Study Program students at FEB UNS. On this occasion, Prof. Shafinar Ismail from Universiti Teknologi MARA reviewed the student’s proposal and discussed a topic in the proposal seminar. After that, the participants will get input on their research proposal that will be submitted. Hence they can carry on with the research smoothly in the future.

    On May 29, 2023, Prof. Shafinar Ismail presented her recent article entitled “The Intention of Small and medium enterprises’ Owners to Participate in Waqf: a Case of Malaysia and Indonesia,” at the UNS Fintech Center. This presentation was followed by a discussion with FEB UNS lecturers on future research collaboration plans.

    Prof. Shafinar from Universiti Teknologi MARAPlt. (Acting Officer) for the Head of the Digital Business Study Program FEB, Putra Pamungkas, M. Rech., Ph.D., revealed that the purpose of this activity is to improve UNS’s international reputation and to establish better global competitiveness. In addition, it will also improve UNS internationalization programs quality and increase UNS’ global academic reputation, as well as strengthen collaboration and MoU implementation with Universiti Teknologi MARA. “Overall, the inbound scholars from Universiti Teknologi MARA can improve UNS learning and research quality extensively along with the QS 100 university Top Scholar by subject,” he said.

    Plt. Head of Digital Business Study Program with Prof. Shafinar from Universiti Teknologi MARAHe added that this activity will continue with other collaboration activities in the future and joint research collaboration between FEB UNS and Universiti Teknologi MARA. Following the efforts made within the implementation plan, the current Universiti Teknologi MARA Inbound Scholar provides new insights and further develops UNS exposure. This exposure will include guest lecture activities and discussions on collaborative projects such as webinars, seminars, research, and other activities in the future.

  • UNS-UPR Collaboration Economic Seminar: Circular Economy in Sustainable Development Goals and their Implications for Palm Oil

    UNS-UPR Collaboration Economic Seminar: Circular Economy in Sustainable Development Goals and their Implications for Palm Oil

    Dr Evi Gravitiani from FEB UNSMaster of Economics and Development Studies (MESP), Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS) Surakarta in collaboration with Universitas Palangka Raya (UPR), Center for Science and Technology Development and Innovation for Peat Land (PPIIG), and Master of Accounting Program FEB UPR held an Economic Seminar entitled “Circular Economics in Sustainable Development Goals and Implications on Palm Oil.”

    This agenda, which serves as part of a research collaboration implementation, invited Dr. Evi Gravitiani, S.E., M.Sc., The Chair of the Master in Economic and Development Study (MESP) Study Program FEB UNS as a speaker. This seminar was attended by students and lecturers from various faculties at the Universitas Palangka Raya, especially from FEB UPR.

    The hybrid seminar was conducted on Wednesday, May 30, 2023, from 08.30 to 11.00 WIB, at the Universitas Palangka Raya PPIIG Building Auditorium, 6th Floor. The event was opened with a welcome greeting from the Director of PPIIG UPR, Ir. Hendrik Segah, S.Hut., M.Si., Ph.D., IPU., as well as remarks from the Plt. (Acting Officer) for the Vice Dean for Academic, Research, and Student Affairs FEB UNS, Dr. Dwi Prasetyani, SE., M.Si. Leading the event was Dr. Fitria Husnatarina, S.E., M.Si., Ak., CA., as the moderator.

  • FMEI 2023, Sixteen Universities in Indonesia Proposed Four Recommendation Points

    FMEI 2023, Sixteen Universities in Indonesia Proposed Four Recommendation Points

    Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS) students, led by Alvin Yusuf Akbar, Chairman of the Student Executive Board (BEM) FEB, attended the First Congress of the Indonesian Economic Students Forum (FMEI) at Universitas Gajah Mada (UGM) Yogyakarta in mid-May 2023.

    The Chairman of BEM FEB, Alvin, said that FMEI is a student forum initiated by six Faculty of Economics BEMs in Indonesia, namely UGM, UNS, Universitas Indonesia (UI), Universitas Padjadjaran (Unpad), IPB University (IPB), and Universitas Brawijaya (UB).

    First Congress of the Indonesian Economic Students Forum (FMEI) 2023“FMEI is divided into 3 forums, Chairman’s Forum, Strategic Review, and External Forum. The Chairman’s Forum discussed FMEI activities’ strategic design for a year, the Strategic Review discussed a recent study that will be used as a recommendation point, while the External Forum discussed branding and expansion,” he said.

    Furthermore, he states that the event was attended by 108 students from 16 universities. Also attending the event was Abdurohman, PhD., the Head of the Center for Macroeconomic Policy, Fiscal Policy Agency of the Ministry of Finance (Kemenkeu) of the Republic of Indonesia (RI).

    Students came forward with their respective studies during the forum. The discussion follows a grand theme entitled “Testing Indonesia’s Fiscal System and Policy against Global Economic Uncertainty.’ Each study discussed in the forum will contribute to suggesting recommendation points to be reported to the relevant stakeholders.

    There are 4 (four) recommendations submitted by students at FMEI approved by the Head of the Center for Macroeconomic Policy, Fiscal Policy Agency of the Indonesian Ministry of Finance.

    First, they recommend accelerating Law no. 7/2021 (article 13) implementation and realization, related to the carbon tax by establishing and ratifying supporting implementing regulations. Second, the establishment of a tax treaty related to online transaction taxes across countries. Third, evaluation of the tax evasion regulations in Indonesia. Lastly, recommending a decrease in the minimum investment limit for tax holiday filings particularly for environmentally friendly companies.

    In addition to the congress, the FMEI 2023 also includes a field trip to a bamboo craft center foster village in Jetis, Sleman Municipality.

    Hopefully, the visit of FMEI participants to the village can increase tourism activity and support the local Micro, Small, and Medium Enterprises (MSMEs) business in the area.

  • Presenting Neuroscience Enthusiast, Development Economy Study Program Holds the National Discussion Forum 7

    Presenting Neuroscience Enthusiast, Development Economy Study Program Holds the National Discussion Forum 7

    Neuroscience, a study of the nervous system and brain function, is related to the economic sector in several ways. Some scientists and economists believe that neuroscience can improve our understanding of cognitive processes and the underlying factors of human behavior affecting economic decisions.

    National Discussion ForumThe Neuroscience perspective in Economics become a slick topic raised by the Development Economics Study Program (DESP), Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS) in the 7th National Discussion Forum (Diskusi Nasional 7), Tuesday, 20 May 2023 at the Soehardi Building, FEB UNS.

    The event, which was attended by more than 100 participants, invited Dr. Ryu Hasan, Sp. BS., Neurosurgeon/Neuroscience Enthusiast, as the main speaker.

    Bhimo Rizky Samudro, S.E., M.Sc., Ph.D., as the Plt. (acting officer) for the Head of the Development Economics Study Program, in his speech said that the national discussion forums held by the DESP FEB UNS discussed or reviewed heterodox discourses, which are anti-mainstream in nature.National Discussion Forum 7

    “Forums like this can be an enrichment for discourse and exchange in FEB, especially in the DESP FEB UNS. We offer this discussion to our fellow faculty members at FEB UNS, especially the DESP students. Mainly to highlight that we should be more holistic in our critical thinking or applying economic theory, using a broader approach, and consider other scientific dimensions,” he said.

    In the forum, Dr. Bhimo welcomed the participants and hope they can have an excellent exchange, fruitful discussion, and an interactive dialogue with Doctor Ryu Hasan. Further, he also wishes that the discussion may bring blessing to scientific development and can establish an applicative conclusion.

    Neuroscience discussion at National Discussion Forum 7Dr. Ryu Hasan explains that from a neuroscience perspective, economic decisions are responsible for making people more efficient and effective at acquiring calories to reduce entropy.

    The discussion, which lasted for about two hours, went interactively. Several students also raised questions about the speaker’s material.

  • Green Economy and Sustainable Development Research Group FEB Presents Three Speakers at an International Webinar

    Green Economy and Sustainable Development Research Group FEB Presents Three Speakers at an International Webinar

    Commitment to tourism development, especially the leaders’ commitment, is crucial. In terms of community empowerment in the tourism industry, there are numerous applicable methods for tourism business actors. This information was revealed by Dwi Marhen Yono, S.STP, M.Si., Director of Tourism Marketing of the Ministry of Tourism Indonesia, at the International Webinar ‘Exploring the Potential of International Tourism Development Through Community Empowerment and Local Wisdom,’ on Thursday, May 25, 2023.

    international webinar participantsThe international webinar was organized by the Green Economy and Sustainable Development Research Group, Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS). Three guest speakers were invited, namely Dwi Marhen Yono, S.STP, M.Si., (Director of Tourism Marketing Kemenparekraf RI), Associate Prof. Dr. Norlida Hanim Mohd Salleh (Universiti Kebangsaan Malaysia), and Dr. Nurul Istiqomah, S.E., M.Si (DESP FEB Universitas Sebelas Maret).

    In addition to delivering material related to the recovery of the tourism sector and Indonesia’s tourism development plan, Dwi Marhen also explained the halal certification process that has been initiated by the government. The initiative was revealed during the question and answer session with webinar participants.

    The second speaker for the session, Assoc. Prof. Dr. Norlida Hanim, delivered material entitled ‘Rural Tourism: How Could Local Communities Develop Their Local Wisdom as Economic Values?’

    Responding to the material that has been submitted by Marhen, Prof. Norlida agreed that today cultural tourism has become public demand. Further, she explained the aspects needed to develop rural tourism and the challenges faced. “This development (of the tourism sector) requires the role of the government. It is also necessary to consider local wisdom, environmental support, planning, and other planning from the internal sector within the community,” explained Prof. Norlida, in line with Marhen’s statement.RG Green Economy and Sustainable Development FEB UNS International Webinar

    The material presentation continues to the third speaker, Dr. Nurul Istiqomah, with material entitled ‘Sustainable Tourism Development.’ Dr. Nurul also represents the Green Economy and Sustainable Development Research Group in this webinar.

    In her presentation, Dr. Nurul focuses on the implementation of sustainable tourism after the Covid-19 pandemic. It was revealed that Indonesian tourism is growing rapidly after the pandemic. The growth is proven by the increase in Indonesia’s Global Tourism Index in 2021.

    “The difference between sustainable tourism and conventional tourism lies in the involvement of stakeholders. In conventional tourism, development and enhancement activities only involves tourism sector actors, such as managers or tourism site caretaker. While on sustainable tourism, all stakeholders in the tourism region are involved in the tourism management process, including tourists who visit tourist sites,” explained Dr. Nurul.

    Chair of Green Economy and Sustainable Development Research Group FEB UNSThe lecturer of the DESP FEB UNS then explained that although the Indonesian tourism index improved, the attention toward sustainable tourism has not improved. “To reduce the negative impact of the tourism sector, including natural damage, we know of the carrying capacity concept. As mentioned by the previous speaker, the concept refers to a specific calculation to limit the number of visitors. Therefore, minimizing the negative effects. This concept is applied, for example, in the Raja Ampat tourism area, which is indeed designed in such a way, to limit the number of visitors and to reduce environmental damage,” she said.

    Concluding the event, Prof. Izza Mafruhah, Chairman of the Green Economy and Sustainable Development Research Group, expressed her gratitude to the invited speakers. Hoping that the tourism sector can become a ‘business of happiness’ not only for tourists but also for the surrounding community.

  • Outstanding, FEB UNS Lecturer is Appointed as the Chairman of AIBI

    Outstanding, FEB UNS Lecturer is Appointed as the Chairman of AIBI

    Another extraordinary achievement was again made by a lecturer of the Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS). Catur Sugiarto, S.E., M.SM., M.Rech., Ph.D., CDMP., who currently also serves as Head of Business Incubator UNS Innovation Hub, was appointed as the Chairman of the Indonesian Business Incubator Association (AIBI) for the period 2023-2027.

    The assignment was handed over symbolically by Prof. Hadi K. Purwadaria the Founder of AIBI, through a short procession in the opening of the ISSIE 2023 International Seminar and AIBI 2023 Annual Congress, Saturday, May 27, 2023, at de Tjolomadoe, Karanganyar.

    AIBI Chairman Dr. Catur Sugiarto FEB UNSIn his short speech, Dr. Catur expresses his gratitude to the participants who have been attending the ISSIE agenda and AIBI annual congress. He also expressed his gratitude for the trust placed in the elected officials for the period 2023-2027. “Thank you for the trust shown in us as the managing committee of AIBI, an organization that has been established since 1995. I would like to invite all AIBI members and administrators to keep on developing the nation and state through innovation. Let’s welcome new ideas and constructive challenges. Let’s continue to build AIBI into a great association and steer us into a bright future.”

    Other than Dr. Catur, Dr. Harry (Kiwi) Aliwarga, currently CEO and Founder of UMG Idealab, was also appointed as the AIBI Secretary General.

    The ISSIE and AIBI Annual Congress presented two keynote speakers and three invited speakers. The hybrid event held in De Tjolomadoe Karanganyar, which is also available through Zoom Cloud Meeting and Youtube Live Streaming, was attended by more than 300 participants both online and on-site. Attendees consisted of AIBI boards and members, startup entrepreneurs, business incubators, entrepreneurship observers, students, and the general public.

    Congratulations to Dr. Catur Sugiarto, may he successfully fulfill his duties!

  • ISSIE 2023, A Successful Collaboration between FEB, UNS Innovation Hub, LPDP, and AIBI

    ISSIE 2023, A Successful Collaboration between FEB, UNS Innovation Hub, LPDP, and AIBI

    Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS) Surakarta, in collaboration with UNS Innovation Hub, Indonesian Education Fund Management Institute (LPDP), and Indonesian Business Incubator Association (AIBI), hosted the International Seminar on Startup and Innovation-Driven Entrepreneurship (ISSIE) 2023, Saturday, May 27, 2023.

    The hybrid international seminar, which took place at de Tjolomadoe Karanganyar and Zoom Meeting, presented two keynote speakers and three plenary session speakers. The five speakers are Assoc. Prof. Dr. Omar Khadeer Hussain from UNSW Canberra Australia, Assoc. Prof. Dr. Fabien Pecot from TBS Business School Spain, Adi Rosanto CEO of Rosin Group, Dr. Kiwi Aliwarga from UMG Idealab who also serves as AIBI Secretary General, and Khresna Bayu Sangka, Ph.D. from UNS, who currently serves as the Head of AIBI’s Studies and Research Division.ISSIE Opening Speech by Timotius Suryadi

    In the welcoming speech, Timotius Suryadi, the Regional Secretary of Karanganyar Municipality delivered a welcome speech representing the Regent of Karanganyar, Drs. H. Juliyatmono, M.M. Through his speech, Timothius expressed his honor on the occasion of welcoming the seminar participants and AIBI members attending the international seminar. “Startups and entrepreneurship are a vital part of driving economic growth. Both sectors are making positive changes. I hope all of you can interact with the speakers and learn from their knowledge and expertise,” he said.

    ISSIE 2023 Opening Remark by Prof. Venty SuryantiRegarding the important role of startup business, this international seminar is also expected to be a medium to build networks between startups, by fostering opportunities for new challenges, media exchange of ideas, and exchange of experiences. Similar notions were expressed by Prof. Venty Suryanti, S.Si., M.Phil., Ph.D., Director of the UNS Directorate for Innovation and Downstreaming, through her opening remark.

    “Today, start-ups have an essential role to play in the economy, with their contribution to economic growth and the environment. In this case, innovation is a crucial aspect for start-ups, where innovation can drive the performance of the startup business,” she explained.

    Aside from delivering the opening speech, Prof. Venty also officially opened ISSIE 2023. Prof. Venty thanked all the committee members for their hard work in organizing the international seminar on “Startup & Innovation Ecosystems: Driving Economic Competitiveness.”ISSIE 2023 question and answer session

    The event continued with the inauguration of AIBI Chairman and Board of Directors members for the period 2023-2027. Through this ceremony, Catur Sugiarto, S.E., M.SM., M.Rech., Ph.D., CDMP., a FEB UNS Lecturer, who also serves as Head of UNS Business Incubator, was inaugurated as the Chairman of AIBI along with Dr. Harry (Kiwi) Aliwarga as AIBI Secretary General.

    Meanwhile, two keynote speakers Assoc. Prof. Dr. Omar Khadeer Hussain and Assoc. Prof. Dr. Fabien Pecot delivered their material virtually. Assoc. Prof. Dr. Khadeer presented the material entitled ‘Agile Logistics for Economic Competitiveness.’ The second keynote speech was delivered by Assoc. Prof. Pecot, with the title ‘From Branding to Brand Image.’

    As the third speaker, Dr. Khresna Bayu Sangka delivered a material entitled ‘Educational Logistics for Higher Education-based Business Incubator,’ which was followed by a material entitled ‘Make Ideas Happen’ by Dr. Kiwi Aliwarga. Meanwhile, Adi Rosanto as the last speaker delivered a material entitled, ‘Marketing and Innovation in Business.’Chair of ISSIE 2023

    The ISSIE 2023 then followed by a question and answer session led by Dr. Tri Mulyaningsih as moderator. The agenda was attended by more than 300 participants both on-site and virtually. Also attending the event was FEB UNS Vice Dean for Academic, Research, and Student Affairs, Dr. Dwi Prasetyani. The seminar agenda was continued with the AIBI National Annual Congress, led by Dr. Catur Sugiarto, Chairman of AIBI.

  • Celebration of Prof. Agung Nur Probohudono Inauguration, the Chair of Faculty Senate Encourages FEB Lecturers to Achieve the Highest Academic Position

    Celebration of Prof. Agung Nur Probohudono Inauguration, the Chair of Faculty Senate Encourages FEB Lecturers to Achieve the Highest Academic Position

    The Academic Community of the Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS) took part in the Mangayubagyo (a celebration of special achievement) for Prof. Agung Nur Probohudono, S.E., M.Si., Ph.D., Ak., CA., CfrA., inauguration as Professor of Management Accounting FEB UNS.

    Celebration of Prof. Agung Inauguration at FEB UNSThe inauguration ceremony was held at the UNS G.P.H. Haryo Mataram Auditorium and was broadcasted through the Universitas Sebelas Maret YouTube Channel on Tuesday (23/5/2025). After the inauguration ceremony, a celebration was held in the Lobby of the Soeharno TS Building.

    The Chairman of the Faculty Senate, Prof. Dr. Tulus Haryono, M.Ek., at the beginning of his speech, congratulated Prof. Agung Nur Probohudono and his family who have accomplished the outcome of their long hard work. He also congratulates the Accounting Study Program, and FEB UNS for contributing 20 professors to UNS.

    Prof. Tulus encourages lecturers who already hold a doctorate degree to immediately continue their journey to reach the professorship.

    “FEB is 47 years old and there are only 20 professors. I encourage the head of study programs to drive lecturers who have earned a doctorate (Ph.D.) degree to be professors, there are 16 Doctors in Management Study Program, 18 in Accounting Study Program, and 15 in Development Economy Study Program, and they need our encouragement and support,” he said.

    Prof. Tulus also reminded that the Professor title is a timeless position. If you have earned a professorship, even after retiring you will hold your title as a professor, it is an honor. This is different for a structural position, which can be removed/changed.Celebration of new Professor Inauguration at FEB UNS

    The Dean of FEB UNS, Prof. Djoko Suhardjanto, M.Com., (Hons). Ph.D., Ak., in his speech, also congratulate Prof. Dono, the nickname for Prof. Agung Nur Probohudono. “I appreciate the efforts of our new professor, Prof. Dono, his efforts were extraordinary, with patience, along with his family encouragement, Mrs. Dono. Finally, today, he succeeded to accomplish the highest functional position,” he said.

    The persistence of Prof. Dono hopefully can inspire dozens of FEB lecturers who have reached the Associate Professor position, to achieve professorship titles. Hopefully, Prof. Dono can strengthen FEB UNS to become a more victorious and more accomplished faculty.

  • DESP Public Lecture Discuss the Role of Surveys in Policy Formulation at Bank Indonesia

    DESP Public Lecture Discuss the Role of Surveys in Policy Formulation at Bank Indonesia

    As the Central Bank in Indonesia, Bank Indonesia (BI) has three main policies, namely Monetary Policy, Macroprudential Policy, and Payment System and Rupiah Management Policy. These policies aim to maintain a stable macroeconomic and financial system, as well as contribute to promoting economic efficiency and inclusiveness, allowing the Indonesian economy to grow strong, and to be balanced, resilient, and prosperous.

    DESP FEB UNS Public LectureThis message was conveyed by Reza Anglingkusumo, Plt. (acting officer) for the Head of the BI Statistics Department, in a Public Lecture entitled The Role of Surveys in Policy Formulation at Bank Indonesia. The Public Lecture was hosted by the Development Economy Study Program (DESP), Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS), Friday, 26/5/2023 at the Suhardi Building Hall FEB UNS.

    Furthermore, in carrying out its duties, BI can conduct surveys to obtain the data and information needed to support policy formulation. “The survey results conducted by BI are needed as one of the inputs in the policy formulation process at Bank Indonesia,” he explained in front of hundreds of students.

    DESP FEB UNS Public Lecture with Bank IndonesiaAs an illustration, BI conducts several surveys related to the real sector to obtain relevant early information as input to the formulation of monetary policy. The survey includes Consumer Survey, Retail Sales Survey, and Business Sector Activity Survey, which monitors the latest domestic economic developments, and then serves as the input for pre-emptive and forward-looking monetary policy formulation.

    The DESP Public Lectures went smoothly, with the invited speaker delivering a few interesting gifts to students who actively participate in the discussion.

  • Prof. Agung Nur Probohudono is Inaugurated as Professor of Management Accounting FEB UNS

    Prof. Agung Nur Probohudono is Inaugurated as Professor of Management Accounting FEB UNS

    Prof. Agung Nur Probohudono, S.E., M.Sc., Ph.D., Ak., CA., CfrA., was inaugurated as Professor in Management Accounting at the Faculty of Economics and Business (FEB), Universitas Sebelas Maret (UNS) on Tuesday (23/5/2025) at the Auditorium of G.P.H. Haryo Mataram UNS and was broadcasted via Universitas Sebelas Maret Official YouTube Channel.

    Prof. Agung Nur Probohudono inaugurationProf. Agung Nur Probohudono, the 20th professor in FEB UNS and the 260th in UNS, delivered his inaugural speech entitled Humanitarian-Based Accounting and Business Communication Disclosure Practices.

    “This is my expertise journey in the field of management accounting. For me, this feels like the Bimo Suci arc in Javanese shadow puppetry, which signifies the learning process in the search for identity to obtain the truth. The story told that water is a source of life, which philosophically means that we all shall live to benefit others. Therefore, I would like to deliver this speech entitled Humanitarian-Based Accounting and Business Communication Disclosure Practices,” he explained.

    Further, he mentioned that according to studies conducted on accounting disclosures, the main objective of the disclosure is related to how a company discloses specific information. This disclosure must be able to satisfy all stakeholders, to make everyone happy, particularly for humanity-based disclosure.

    By providing business communication through humanity-based disclosures, a company can satisfy and make all stakeholders happy. This means that a company needs to establish good communication with the environment through various communication channels available within the company. Humanity-based communication such as the Javanese tradition of “among rasa” (maintaining good relationships) can make all parties satisfied.

    Companies also need to build mutual learning and experience-sharing with their stakeholders to maintain business sustainability.

    The implementation of 8 (eight) Hastha Laku by Solo Bersimfoni can help in managing the company’s stakeholders through the Guyub Rukun, Gotong Royong, Tepa Selira, Ewuh Pekewuh, Pangerten, Grapyak Semanak, Lembah Manah, and Andhap Asor as Javanese local wisdom.