Forbes Indonesia - August 2020

In this issue

Several countries have spent the past six months tackling the COVID-19 crisis seemingly with a hope that if one can hold one’s breath long enough, it will pass and life can go back to normal. The recent resurgence of the virus in countries that seemed to have gotten over the worse of it, coupled with the beginnings of a greater understanding of the severity of the medical conditions it can cause, indicates we are in for the long haul. Even if a vaccine can be developed quickly, it is still to be proven how effective it will be, how long a dose will last, and how fast it can reach sufficient people to create “herd immunity” on a global scale. All of these will have a great role in restoring the confidence needed to kick-start local consumer- driven and global trade-driven recoveries.

THE ART OF QUALITY LASER CUTTING

PANERU keeps growing in the midst of economic predicament

2 mins

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.

2 mins

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.

1 min

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.

3 mins

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.

6 mins

Moving Logistics

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

5 mins

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.

10+ mins

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.

9 mins

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.

10+ mins

QUIET RAINMAKER

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

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