Forbes Indonesia - June 2020

In this issue

With th most countries now moving, or shortly moving, from contain- ment policies to measured re-openings, the cost of the COVID-19
pandemic is still mounting socially and economically. Although
China began its re-opening phase in April, marking the early part of that month as the peak of global economic inactivity, much of the rest of the world is only now in the early stages of re-opening, so the true depth of the pandemic’s impact is yet to emerge. As more data becomes available, ana- lysts from across the spectrum of governments, policy makers and scientists will all be able to step through the looking-glass to reflect more deeply on what needs to be done to mitigate the impacts of the current crisis, in both human and economic terms, and on what should be done to be better pre- pared for a future pandemic.

Talent Finder

As demand soared, GeekHunter helps companies to win the tech talent hunt.

4 mins

Digital Grocery

Amid the coronavirus pandemic, online grocery platform TaniHub aims a robust sales growth.

4 mins

Collective Effort

Mesty Ariotedjo’s crowdfunding platfom helps the unprivileged to access healthcare services.

3 mins

AirPod Aristocrat

Thirteen years ago, no one wanted to buy a money-losing hearing-aid battery maker. No one but MICHAEL TOJNER. Against all odds, Austria’s “Mr. 300%” turned that $40 million investment into a $1.9 billion fortune (thank you, Apple!). Now he has to fend o" the copycats.

5 mins

Winning by Not Losing

Even before the pandemic sent markets tumbling, Advent Capital’s Tracy Maitland was prepared for the mayhem. In good times, his portfolio tracks the market, but during downturns it’s a refuge from the storm.

5 mins

Fashionable Measures

TAKES SRITEX’S EXPERTISE IN MAKING MILITARY UNIFORMS TO A DIFFERENT BATTLE

7 mins

THE WORLD'S RICHEST

The richest people on Earth are not immune to the coronavirus. As the pandemic tightened its grip on Europe and America, global equity markets imploded, tanking many fortunes. As of March 18, when we finalized this list, Forbes counted 2,095 billionaires, 58 fewer than a year ago, and 226 fewer than just 12 days earlier, when we initially calculated these net worths. Of the billionaires who remain, 51% are poorer than they were last year. In raw terms, the world’s billionaires are worth $8 trillion, down $700 billion from 2019. For many more details about the world’s wealthiest, please visit Forbes. com/billionaires.

10+ mins

Expanding Coverage

State-owned pharmaceutical Indofarma is expanding its business to medical equipment to battle the pandemic.

4 mins

Strong Will

Friderica Widyasari leads Danareksa Sekuritas to persevere amidst this year’s market turbulence and economic downturn.

7 mins

Masa's Last Laugh?

Between the WeWork debacle and the coronavirus, the markets have deemed his $100 billion Vision Fund largely worthless. But the world’s most important investor over the past three years, Softbank’s Masayoshi Son, has other assets, a track record—and a plan.

10+ 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