Forbes Indonesia - October 2020

In this issue

When the economic slow-down initiated by the COVID-19 induced shut-down was in its early stages, most optimistic scenarios hoped for a V-shaped recovery whilst a U- or W-shaped one were already becoming apparent in some markets and business sectors just a few months into the crisis. Whilst those countries which acted early and strongly, for example China and Vietnam, are today showing signs of a V-shaped recovery driven largely by domestic consumption, it is not the case everywhere and the lexicon of letters economists use to describe the global recovery is now more frequently using that usually silent letter in the English language, K. This reflects the disparity now apparent in recovery scenarios being faced between countries, industries and social classes with very differing time-frames and depth of impact being faced across different markets. Policy packages are going to need to become more specific in their application if we are going to help those sectors and workers in areas more deeply affected, catch-up again with those returning to stability and growth more quickly.

TOMORROW'S WORLD

Chairul Tanjung is the founder and chairman of CT Corp. Chairul is also the former Coordinating Minister for Economics of the Republic of Indonesia.

3 mins

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.

5 mins

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.

5 mins

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.

6 mins

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.

6 mins

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.

5 mins

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.

5 mins

2030: DIGITAL TECHNOLOGY & SUSTAINABILITY FOR INNOVATION & CREATION

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

3 mins

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.

5 mins

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.

4 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