Local thermal bag maker GabaG takes on foreign rivals to carve a niche in the market.
Breastfeeding remains prevalent in Indonesia thanks to the government regulation that requires all companies to provide maternity rooms as well as the ban on milk formula promotion. According to the 2012 Demographic and Health Survey, breastfeeding before the age of six months has risen from 32% (in 2007) to 42% (in 2012). Those numbers are a good sign not only for the government but also for husband and wife entrepreneurs Fandy Sundoro and Gabriella Rayana Lengkong, founders and owners or PT GabaG Indonesia, the country’s first thermal bag manufacturer.
GabaG’s first thermal bag was launched back in 2009, when imported products such as Pigeon (Japan) and Medela (US) dominated the local market. “As a working and a breastfeeding mother, I did not have many options for thermal bags at that time. So, I decided to make one for myself,” says Gabriella, adding that thermal bags at the time were pricey, small and not stylish, especially for working moms like her.
Surprisingly, Gabriella’s self-made thermal-bag drew the attention of her friends, who asked her to produce them in large numbers. During the early days of production, Gabriella designed the thermal bags herself but later found bag makers to help her produce the goods. But as demand grew, in 2012, Gabriella and her husband decided to set up their own thermal bag manufacturer in Banten with a production capacity of 8,000 bags per month. Prices ranged from Rp200,000 to Rp500,000 each.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
BACK ON TRACK
Collective wealth gets a 21% boost to a record $162 billion amid an economic uptick.
Championing Locals
The wave of social commerce is enabling inclusive digital economies beyond urban areas.
Boys in the Bubble
Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.
Enduring Relations
The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.
Sweet Success
Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.
Marathon Man
Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.
Gold Rallies on Inflation Fears
During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.
Set Off to A New Start
Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.
The Daily Intake
YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.
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.