Forbes Indonesia Magazine - September 2021

In this issue

Indonesia celebrated the 76th anniversary of its independence on August 17, although the continuing social restrictions made the celebrations more muted than usual. The above theme for Presiden Joko "Jokowi" Widodo address, Resilient Indonesia, Growing Indonesia, encapsulated the spirit which is needed to maintain positive momentum during the pandemic and to capitalize on the bright future which the country undoubtedly has. Looking economically, Indonesia’s public sector debt-GDP ratio has climbed 10% since the outset of the crisis due to the measures undertaken to combat the effects of COVID-19 spread, but at 40.5% it remains in the lower 20% in the ranking of government indebtedness among G20 countries.

Human Transformation: Beyond Digital Adoption

Digital transformation coupled with the development of increasingly advanced technology - artificial intelligence, big data, 3D printing, blockchain, augmented reality, and so on – has seen digitalization slowly, but surely, impact almost all areas of our lives, especially over the last five years.

2 mins

Dekoruma Raises $15 Million of Series C1

Home and living platform, Dekoruma has completed a $15 million funding round recently, led by Nexter Ventures by SCG Cement-Building Materials and KTB Network. Existing investors, GDN, OCBC NISP Ventura and Fundamental were also joined the round.

1 min

Gold Bullion: To Have and To Hold

GOLD OUTLOOK

4 mins

Shout Out for Japan

REALITY CHECK

2 mins

Digital Money Bags

DANA, one of the country's largest e-wallet platforms, is looking to expand its customer base throughout the archipelago.

4 mins

Burning Bright

ARSJAD RASJID NAVIGATES INDIKA ENERGY THROUGH CHALLENGING TIMES. NOW HE POSES FOR A NEW ROLE AT KADIN.

7 mins

Forward Momentum

Bukalapak’s CEO Rachmat Kaimuddin must battle big rivals and the pandemic for Indonesia’s e-commerce market—with help from a historic IPO.

6 mins

The Nappy Winner

With promising growth ahead, Uni-Charm Indonesia prepares to be at the forefront of disposable hygiene products

4 mins

Beyond Noodle

Already a leading healthy consumer brand in Indonesia, Lemonilo continues to diversify its product range into a healthy lifestyle ecosystem.

4 mins

CHARTING NEW WATERS

PONTIAC LAND’S EVAN KWEE IS PUSHING PAST THE PANDEMIC WITH A NEW RESORT DEVELOPMENT IN THE MALDIVES, AS PART OF THE KWEE FAMILY’S EXPANSION OUT OF SINGAPORE AND INTO THE GLOBAL HIGH-END HOSPITALITY MARKET.

9 mins

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Forbes Indonesia Magazine Description:

Forbes Indonesia is a world-class business magazine of uncompromising quality and scope, providing insights and information to readers critical to their business and inspiring them to greater success