by | Mar 28, 2025 | Business
KUALA LUMPUR, MALAYSIA, 28 March 2025 – Nusantara Global Network, a leading entity in the financial services and investment sector, is pleased to announce its collaboration with GMI Markets, a globally respected online trading platform. This partnership marks an exciting venture aimed at expanding the opportunities for Introducing Brokers (IBs), enabling traders to leverage lucrative rewards and exclusive benefits through the GMI IB Contest.
This collaboration will provide traders and aspiring IBs with an avenue to not only engage with the forex market but also earn attractive rewards by participating in the new loyalty program. Nusantara Global Network and GMI Markets have joined forces to ensure IBs gain access to world-class trading resources, cutting-edge tools, and premium incentives.
“Nusantara Global Network is thrilled to work alongside GMI Markets in launching this initiative that will propel traders toward becoming successful IBs. This partnership opens doors to a host of exciting opportunities for our members,” said Head of Nusantara Global Network. “By working with GMI Markets, we can offer our network the best tools, support, and rewards available in the trading industry today.”
Contest Highlights and Rewards
The GMI IB Contest will run from 3rd March 2025 to 3rd May 2025, providing traders and IBs a chance to win top-tier prizes based on their trading performance. Key rewards include:
Platinum IB: Win a Porsche 911 3.0 Carrera 4S (2020) by reaching a trading volume of 100,000 lots or more
Diamond IB: Win a Mercedes Benz E200 Avantgarde W214 by reaching a trading volume of 50,000 lots or more
Gold IB: Win a Honda CR-V 1.5 by reaching a trading volume of 30,000 lots or more
Ruby IB: Win a Honda HR-V 1.5 by reaching a trading volume of 20,000 lots or more
Silver IB: Win a Perodua Myvi 1.5 by reaching a trading volume of 12,000 lots or more
Bronze IB: Win a Benelli 752S motorcycle by reaching a trading volume of 8,000 lots or more
Participants who prefer cash over the offered prizes can opt for 80% of the vehicle’s cash value. This flexibility allows IBs to tailor their rewards based on personal preferences, enhancing the overall appeal of the contest.
This collaboration is set to not only boost IB performance but also to solidify Nusantara Global Network’s commitment to delivering high-value opportunities to its growing community. GMI Markets’ reputation for offering efficient, transparent, and competitive trading solutions ensures IBs receive a world-class experience.
Alignment with Industry Trends
The global forex market is seeing a rise in demand for Introducing Broker services, as retail traders seek greater support and guidance in their trading journeys. The Nusantara Global Network-GMI Markets partnership taps into this growing trend by offering aspiring IBs a direct path to success through practical incentives, enhanced trading platforms, and unmatched professional support.
“This collaboration represents a significant step toward offering traders in Southeast Asia and beyond more opportunities to excel as IBs,” said representative from GMI Markets “With Nusantara Global Network’s reach and our platform’s superior technology, we are confident this partnership will deliver remarkable value to IBs.”
About GMI Markets
GMI Markets is a globally recognized forex and CFD trading platform, offering retail and institutional traders access to more than 200 financial instruments. Known for its transparent pricing, advanced technology, and exceptional client service, GMI Markets is committed to enhancing the trading experience for all its users worldwide.
This Press Release has also been published on VRITIMES
by | Mar 28, 2025 | Business
KUALA LUMPUR, MALAYSIA, 28 March 2025 – Nusantara Global Network, a prominent player in the financial trading sector, has officially announced its collaboration with GMI Markets, a global leader in online trading. This partnership is set to elevate the Introducing Broker (IB) ecosystem by providing a robust platform and exclusive rewards for IBs, further strengthening Nusantara Global Network’s mission to empower traders across the region.
The strategic collaboration focuses on enhancing the opportunities available to traders aspiring to become IBs through a highly rewarding contest. IBs stand to benefit from competitive prizes, unmatched incentives, and access to superior trading resources as part of GMI Markets’ new initiative, designed to boost the growth and success of the IB community.
“We are excited to embark on this partnership with GMI Markets to bring world-class benefits to traders and IBs under our network,” said Head of Nusantara Global Network. “This collaboration perfectly aligns with our vision of creating exceptional opportunities for traders to maximize their potential while being rewarded for their dedication.”
Contest Overview and Rewards
The Nusantara Global Network-GMI Markets collaboration introduces the GMI IB Contest, running from 3rd March 2025 to 3rd May 2025. IBs will have the chance to win incredible prizes based on their clients’ trading volumes. The prize categories are as follows:
Platinum IB: Win a Porsche 911 3.0 Carrera 4S (2020) by generating 100,000 lots or more in trading volume.
Diamond IB: Win a Mercedes Benz E200 Avantgarde W214 by generating 50,000 lots or more in trading volume.
Gold IB: Win a Honda CR-V 1.5 by generating 30,000 lots or more in trading volume.
Ruby IB: Win a Honda HR-V 1.5 by generating 20,000 lots or more in trading volume.
Silver IB: Win a Perodua Myvi 1.5 by generating 12,000 lots or more in trading volume.
Bronze IB: Win a Benelli 752S motorcycle by generating 8,000 lots or more in trading volume.
As a flexible alternative, IBs may choose to receive 80% of the prize’s cash value instead of the listed vehicle, making it easier to select a reward that best suits their needs. The collaboration is set to redefine how IBs are incentivized and supported, providing them with both competitive earnings and exciting rewards.
Mutual Benefits of the Collaboration
This collaboration between Nusantara Global Network and GMI Markets represents a milestone in the trading industry, as both companies share a commitment to empowering traders and IBs with access to top-tier trading technology, education, and incentives. The partnership will benefit Nusantara Global Network’s growing community by offering competitive advantages that are directly aligned with traders’ goals.
“This partnership is a reflection of our shared dedication to nurturing the next generation of IBs, especially in Southeast Asia,” said representative from GMI Markets. “By combining GMI’s cutting-edge technology and Nusantara Global Network’s extensive reach, we aim to provide IBs with the tools and rewards they need to thrive.”
Industry Impact
In light of the increasing demand for Introducing Broker services in the forex market, this collaboration is timely and aligns with the broader industry trends. IBs are becoming a crucial link between brokers and retail traders, and this partnership ensures that IBs have the resources and incentives they need to scale their operations.
By joining forces, Nusantara Global Network and GMI Markets are poised to strengthen their positions in the global trading ecosystem, providing opportunities that will elevate IBs to new levels of success.
About GMI Markets
GMI Markets is a world-renowned forex and CFD trading platform that offers clients access to over 200 financial instruments. With a focus on transparency, advanced trading tools, and exceptional client service, GMI Markets is committed to providing a superior trading experience to both retail and institutional traders globally.
This Press Release has also been published on VRITIMES
by | Mar 28, 2025 | Business
KUALA LUMPUR, MALAYSIA, 28 March 2025 – Nusantara Global Network, a leader in financial services and network marketing, is excited to announce its latest collaboration with GMI Markets, an internationally recognized online trading platform. This partnership is set to enhance opportunities for Introducing Brokers (IB) through a competitive loyalty program and exciting rewards for participants.
The collaboration is designed to empower traders who are looking to expand their involvement in the forex and financial markets by becoming an IB with GMI Markets. Traders will not only have access to comprehensive trading solutions but also stand a chance to participate in the GMI Contest, where outstanding rewards await successful IBs.
“We are thrilled to join forces with GMI Markets, a well-established name in the trading industry,” said Head of Nusantara Global Network. “This partnership opens new doors for traders in our network who are eager to take their journey to the next level by becoming IBs, and the rewards offered by GMI Markets are certainly compelling.”
Contest Details and Exciting Rewards
The GMI Contest, which runs from 3rd March 2025 to 3rd May 2025, offers traders the opportunity to earn remarkable prizes by meeting specific trading volume requirements. Participants in the contest stand a chance to win various prizes based on their trading achievements, including:
Platinum IB: Win a Porsche 911 3.0 Carrera 4S (2020) for clients trading 100,000 lots or more
Diamond IB: Win a Mercedes Benz E200 Avantgarde W214 for clients trading 50,000 lots or more
Gold IB: Win a Honda CR-V 1.5 for clients trading 30,000 lots or more
Ruby IB: Win a Honda HR-V 1.5 for clients trading 20,000 lots or more
Silver IB: Win a Perodua Myvi 1.5 for clients trading 12,000 lots or more
Bronze IB: Win a Benelli 752S motorcycle for clients trading 8,000 lots or more
In addition, participants can opt to receive 80% cash value of the vehicle prizes, adding flexibility to the program.
The collaboration underscores Nusantara Global Network’s commitment to delivering lucrative opportunities for its members. By partnering with GMI Markets, Nusantara aims to bridge the gap between retail traders and the financial market, empowering IBs with advanced trading tools, educational resources, and attractive incentives.
Positive Impact and Broader Industry Trends
As the global forex trading industry continues to grow, the role of Introducing Brokers has become more vital. This collaboration aligns with Nusantara Global Network’s goal to provide its community with the resources and rewards needed to succeed in a competitive market. GMI Markets, with its innovative trading platform, is known for offering traders seamless access to global financial markets, ensuring transparency and user-friendly experiences for IBs and traders alike.
“We look forward to working closely with Nusantara Global Network and tapping into their expansive network of traders and IBs. Together, we aim to offer a rewarding experience for traders who want to grow their portfolios while benefiting from our competitive IB program,” said representative from GMI Markets.
About GMI Markets
GMI Markets is a globally recognized forex and CFD trading platform, offering retail and institutional traders access to more than 200 financial instruments. Known for its transparent pricing, advanced technology, and exceptional client service, GMI Markets is committed to enhancing the trading experience for all its users worldwide.
This Press Release has also been published on VRITIMES
by | Mar 28, 2025 | Business
IUX, a leading trading platform, has been honored with three prestigious awards at the Global Business Review Magazine Awards 2025. Recognized for its cutting-edge technology, exceptional customer service, and transparent, user-centric solutions, IUX has solidified its position as a premier broker in the trading industry. The awards include:
Lowest Trading Costs Broker – Asia 2025
Fastest Trade Execution – Asia 2025
Best User-Friendly Trading Technology – Asia 2025
These accolades highlight IUX’s ongoing commitment to delivering a seamless trading experience, combining low costs, fast execution, and an intuitive platform that meets the diverse needs of its global clientele.
The Global Business Review Magazine Awards is a globally recognized platform designed to honor excellence across various sectors, including Banking, Finance, Insurance, Real Estate, Leadership, and Technology. These awards celebrate exceptional performances from businesses that demonstrate innovation, leadership, and a commitment to quality service delivery. By recognizing and rewarding outstanding achievements, the awards provide global recognition to companies that strive for excellence and continuously raise industry standards.
Lowest Trading Costs Broker – Asia 2025: This award highlights IUX’s commitment to providing its clients with some of the competitive and transparent pricing in the industry. By minimizing transaction fees and offering cost-effective trading solutions, IUX enables traders to maximize their profitability.
Fastest Trade Execution – Asia 2025: Recognizing IUX’s advanced technological infrastructure, this award underscores the company’s ability to execute trades with minimal latency, allowing traders to act swiftly in dynamic markets and capitalize on real-time opportunities.
Best User-Friendly Trading Technology – Asia 2025: This honor reflects IUX’s intuitive, accessible, and customizable trading platform. Designed for traders of all skill levels, IUX’s platform provides a seamless experience, with easy navigation, advanced tools, and educational resources to support users at every stage of their trading journey.
“We are deeply honored to receive these prestigious awards,” said the representative board. “These accolades affirm our commitment to delivering an exceptional trading experience for our clients. We are proud to continue our journey of innovation and excellence, ensuring that IUX remains at the forefront of the trading industry.”
For more information about IUX, please visit IUX.com
This Press Release has also been published on VRITIMES
by | Mar 28, 2025 | Business
The Indonesian Compacts & Powders category demonstrated dynamic growth in 2024, with strong sales spikes during key seasonal moments like Ramadan and year-end promotions. Shopee emerged as the dominant e-commerce platform, while Wardah and Maybelline competed for market leadership, with Somethinc gaining traction as a rising competitor. Consumer engagement surged mid-year, emphasizing the importance of strategic promotional timing to sustain momentum in this evolving and competitive market.
Jakarta, March 28, 2024 – The Indonesian beauty and personal care market reached USD 9.24 billion in 2024 and is projected to grow at a CAGR of 4.60% until 2029. This growth is driven by the country’s young and tech-savvy consumers, who are increasingly interested in beauty and personal care products. The compacts and powders segment has become a crucial part of this expansion, as consumers seek products that offer convenience, affordability, and high quality. Local brands have capitalized on this trend by launching products tailored to Indonesian preferences, further driving market growth.
Compacts and Powders Market Overview
The market experienced significant fluctuations throughout 2024. In Q2, the category saw a 99.07% QoQ GMV surge and an impressive 522.92% rise in quantity sold, primarily due to Ramadan/Eid promotions. However, in Q3, sales declined as many consumers had already stocked up in Q2, leading to a 3.26% drop in GMV and a steep 72.58% decrease in volume.
Despite the Q3 downturn, Q4 marked a strong recovery, with a 107.21% QoQ GMV rebound to USD 43.1 million, while units sold nearly doubled (+93.90% QoQ) to 15.9 million. These fluctuations highlight the importance of leveraging seasonal peaks while also maintaining strong mid-quarter promotions to sustain sales momentum year-round.
Compacts and Powders E-commerce Share
Shopee solidified its dominance in the Compacts & Powders market, growing from a 76.26% market share in Q1 to 94.1% in Q4, a total increase of 343.71%. In contrast, Tokopedia and Lazada saw sharp declines, ending the year with only 2.7% and 3.2% market share, respectively, while Blibli remained negligible at 0.13%. This data underscores Shopee’s overwhelming influence in the sector, making it the go-to platform for brands seeking maximum visibility and sales. To stay competitive in this evolving market, other platforms must enhance their promotional strategies and customer engagement efforts.
Compacts and Powders Brands Share
Compacts and Powders Consumers’ Review Overview
Wardah consistently led in customer reviews, peaking in Q3 with 864K reviews—almost triple its Q2 count. Despite a slight dip to 712K in Q4, the brand remained ahead of competitors. Maybelline also showed strong momentum, growing from 60K reviews in Q1 to 333K in Q3 before settling at 246K in Q4. The sharp increase in Q3 reviews across multiple brands highlights the significant impact of mid-year promotional campaigns, emphasizing the need for strategic campaign planning.
Compacts and Powders Performance on Shopee
On Shopee, Maybelline and Wardah dominated in GMV, with Maybelline peaking in Q3 at 22.3% and Wardah leading in Q4 at 13.9%. Make Over maintained a strong presence in Q1 and Q2 but struggled later in the year due to intensified competition. Meanwhile, Somethinc gained traction in Q3, capturing a 5.4% market share, positioning itself as a potential challenger.
Compacts and Powders Performance on Lazada and Tokopedia
On Lazada and Tokopedia, Wardah remained dominant throughout the year, with its highest market share of 47.3% in Q4. The brand consistently expanded its lead, growing from 32.1% in Q1 to 35.1% in Q2. Somethinc demonstrated strong growth in Q3, reaching 4.8% in Lazada and 6.9% in Tokopedia, signaling its rising market presence.
Top SKUs of Compacts and Powders
While Wardah and Maybelline dominate brand share, competition at the product level is shaped by pricing strategies. Luxcrime attracts consumers with affordability, Somethinc balances affordability with desirability, and Make Over retains loyal customers through premium positioning. These pricing strategies will continue to influence competition in the Indonesian beauty and personal care market moving forward.
Overall, the Compacts & Powders category thrives on seasonal promotions, platform-specific dominance, and evolving brand competition. Wardah remains the clear leader, while Somethinc is emerging as a strong challenger in this competitive market.
Picture on Thumbnail from: freepik.com
This Press Release has also been published on VRITIMES
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