Forbes Indonesia Magazine - November 2021

In this issue

Nearly 250 years ago, James Watt’s innovations on an earlier steam engine model launched the first industrial revolution. The resulting advances in economic growth and human prosperity have been powered by the consumption of fossil fuels and led to the wide-scale conversion of land use for industrial purposes, which together have contributed significantly to the climate change crisis we face today. Its perhaps fitting that, in this time of peril for the planet, world leaders meet for COP26 this month in Glasgow, the city where James Watt launched his new designs in 1776.

Opportunity in The Rise of Palm Oil Prices

What would you do if you had $5 billion in cash?

4 mins

The Cost of Looking Good

The fashion industry is at the tipping point of turning sustainable.

5 mins

Resilient Sectors in Greater Jakarta Amid the Pandemic

The pandemic has resulted in a challenging period for much of the Greater Jakarta real estate market.

2 mins

Reshaping Business

At the height of COVID-19 pandemic, Hero Supermarket executes a major decision to divest Giant. Now, it is recalibrating business to regain profitability.

5 mins

Sweet Dream

On 17 August 2021, PTPN, the national state-owned plantation company, with government support, officially established PT Sinergi Gula Nusantara (SugarCo) by bringing together 35 sugar mills owned by seven of its members under a single entity subsidiary.

4 mins

ROADS TO SUCCESS

JUSUF HAMKA ASPIRES TO TURN CITRA MARGA NUSAPHALA PERSADA INTO A RP100 TRILLION COMPANY, IN TERMS OF ASSETS.

6 mins

To the Moon

Tokocrypto takes early steps to integrate blockchain and crypto technology into Indonesian society

4 mins

Bridging the Gap

Komunal provides a platform that connects depositors to rural banks that rely on brick-and-mortar branches.

4 mins

THE CROESUS OF CRYPTO

FTX COFOUNDER SAM BANKMAN-FRIED BUILT A $22.5 BILLION FORTUNE BEFORE HIS 30TH BIRTHDAY BY PROFITING OFF THE CRYPTOCURRENCY FRENZY—BUT HE’S NOT A TRUE BELIEVER. HE JUST WANTS HIS WEALTH TO SURVIVE LONG ENOUGH TO GIVE IT ALL AWAY.

10+ mins

Humility Matters

TAUFIK DARUSMAN IS ONE OF INDONESIA’S MOST EXPERIENCED JOURNALISTS. HE HAS HELD CHIEF EDITOR ROLES AT BUSINESS WEEK INDONESIA AND INVESTOR MAGAZINES, AND THE INDONESIAN OBSERVER NEWSPAPER.

2 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