CATEGORIES

THE 2030 CHALLENGE: CONVERGING TECHNOLOGY, ECONOMY, AND HUMANITY

Noni Purnomo is the president director of PT Blue Bird. She co-founded ANGIN Women Funds and currently sits in several advisory positions in prominent institutions.

OPTIMISM TOWARDS 2030

Kuncoro Wibowo is the founder of Kawan Lama Group. Established in 1955, the group currently manages over 850 retail stores across Indonesia under the brands: Ace, Informa, Krisbow, Toys Kingdom, and Chatime. Besides retail, Kawan Lama also engages in industrial, property, and services.

TWO MEGATRENDS THAT WILL SHAPE 2030

Rich Karlgaard is editor at large at Forbes. As an author and global futurist, he has published several books, the latest of which is Late Bloomers, a groundbreaking exploration of what it means to be a late bloomer in a culture obsessed with SAT scores and early success. For his past columns and blogs visit our website at www. forbes.com/sites/ richkarlgaard.

WHAT SHOULD BE IN 10 YEARS' TIME

Axton Salim is currently a Director of PT Indofood Sukses Makmur and several other companies under the Salim Group. The third generation of the Salim family, he joined Indofood in 2004 as the Brand Manager of PT Indofood Fritolay Makmur and was subsequently promoted to executive positions.

REIMAGINING THE WORLD IN 2030

Sri Mulyani Indrawati is the Minister of Finance of the Republic of Indonesia. She is listed among Forbes' World's 100 Most Powerful Women.

OPPORTUNITY IS KNOCKING, WE MUST ANSWER THE CALL

Dato’ Sri Prof. Dr Tahir MBA is the founder and chairman of Mayapada Group and the Tahir Foundation. A leading philanthropist, Tahir is the only Indonesian who signed the Giving Pledge.

Capitalizing the Current Core Growth of Indonesia into Real Growth, in the Next Decade or Two

TEGUH HIDAYAT IS AN INDEPENDENT INVESTOR IN INDONESIAN STOCKS, AUTHOR, LECTURER, AND FUND MANAGER. SINCE 2009, HIS SPECIALTY IS VALUE INVESTING, TRYING TO FIND PROSPECTIVE INVESTMENT OPPORTUNITIES AT A LOWEST POSSIBLE PRICE. HE IS ALSO A REGULAR STOCK MARKET COMMENTATOR IN MEDIA, AND REGULARLY INVITED BY THE INDONESIA STOCK EXCHANGE AND OTHER INSTITUTIONS AS A SPEAKER IN TALK SHOWS, GROUP DISCUSSIONS, AND INVESTMENT TRAINING. FOR MORE OF HIS WORKS, VISIT WWW.TEGUHHIDAYAT.COM.

BUILDING BLOCKS FOR INDONESIA'S SUSTAINED PROSPERITY

Helman Sitohang is CEO, Asia Pacific at Credit Suisse and a member of the Executive Board. Helman is the first Indonesian ever appointed by a global financial institution as a chief executive o$cer overseeing the entire Asia Pacific region.

2030: DIGITAL TECHNOLOGY & SUSTAINABILITY FOR INNOVATION & CREATION

Jahja Setiaatmadja is the president director of PT Bank Central Asia, the largest private lender in Indonesia.

THRIVING IN TOUGH TIMES

THE COUNTRY'S LARGEST HERBAL PRODUCT MANUFACTURER SIDO MUNCUL WEATHERS THE STORM.

This Time Is Different. Really.

Are technology stocks in a bubble? The Nasdaq composite index, home to tech superstars like Amazon, Apple, Facebook, and Microsoft, is up more than 21% this year. The boom is not just an American phenomenon. China’s Alibaba is up 24%, Taiwan’s TSM 38%, Germany’s SAP 20%, and Australia’s Atlassian 47%. The S&P 500 Semiconductor ETF is up 19% for 2020.

Taste of Passion

In the current difficult times, Sour Sally Group’s Donny Pramono is building an affordable franchise model for F&B entrepreneurs.

Road to Recovery

COVID-19 has severely impacted Indonesia’s hospitality segment in the first half of 2020. With the relaxation of social distancing protocols, what’s the next step for hotels?

Infrastructure and Climate Change Risks

COVID-19 is said to be a manifest of climate change risks.

Golden Opportunity

Ivan Lingga expands his family jewelry business with Whizliz.

Favorable Ratings

Pefindo is breaking the dominance of the world’s top three rating agencies in the country.

Expanding Market

Bank BTPN will play a role in realizing Sumitomo Mitsui Banking Corporation (SMBC) Group’s strategy as a full-line commercial.

Another Man's Treasures

Inocycle is making a big business from recycling PET waste.

A Strange Way of Doing Business

When Donald Trump issued his executive order blocking ac-cess to TikTok and WeChat unless a “very American” company-owned them, he more than raised the stakes in the US-China trade war; he signaled that as far as he’s concerned, only American companies are fit to run worldwide computer platforms.

THE ART OF QUALITY LASER CUTTING

PANERU keeps growing in the midst of economic predicament

QUIET RAINMAKER

WITH LITTLE FANFARE, BUYOUT BILLIONAIRE MICHAEL KIM CLOSED HIS LARGEST FUND AMID THE PANDEMIC. HE’S NOW READY TO MAKE DEALS.

PFIZER'S COVID MOON SHOT

ALBERT BOURLA HAS BOLDLY PREDICTED HIS COMPANY MIGHT FIND AND DISTRIBUTE A VACCINE BY THIS FALL. THE FIRST LOOK INSIDE A $1 BILLION BET THAT COULD CHANGE THE WORLD.

Movie on the Go

Gojek bid on the OTT business with its GoPlay, yet CEO Edy Sulistyo also sees it as a momentum to revive the Indonesian movie industry.

The Man Getting America Back on Track

As the world grapples with how to make travel safe in the age of coronavirus, private equity billionaire Wes Edens is betting $9 billion that America’s transportation future is passenger rail.

Opportunity in Coal Stocks

As the COVID-19 pandemic hits the world, and the economic activities around the globe suddenly decrease, the demand for commodities fell and causes the prices to go down.

Moving Logistics

Kargo aims to improve logistics efficiency by digitizing Indonesia’s freight logistics Industry.

Gold: Unprecedented Times could Bring an Unprecedented Reaction

Gold would certainly prove itself as a valuable portfolio asset, both in diversifying risk and potentially improving the overall risk-adjusted return.

Indogen Capital Partners with Japan's Striders Corporation

INDOGEN CAPITAL announced its partnership with Tokyo-based investment firm Striders Corporation via its subsidiary Striders Global Investment Pte Ltd. The partnership will enable Striders to strengthen its presence in the Southeast Asia region, identify potential startups for investment with Indogen, and assist Southeast Asian startups in extending their footprints to Japan and South Asia.

50 BEST OF THE BEST 2020 COMPANIES

WELCOME to the annual Best of the Best list 2020, recognizing 50 of Indonesia’s best-performing listed companies, all of which are champions in their own right. Entering its 10th year, the list is based on the long-term fundamental performance of these Indonesian companies. It reflects the hard work and commitment of the companies, and the people who manage them, to deliver continuous growth and new business achievements despite the economic challenges, both domestic and global. In the list are also companies and people that have been through challenging times and a down-cycle but emerged to thrive. We therefore hope this recognition can also act as a reminder of the resiliency of the country’s business sector and economy and give a positive energy to weather the current tough situation.

Put to the Test

Seegene’s CEO Chun Jong-yoon can’t make his Covid-19 tests fast enough to fill demand.