The COVID-19 pandemic has created an exciting investment environment. Despite the plunge in stock markets globally in March 2020 as panic spread, they quickly rebounded as a result of the increased financial liquidity created as governments splurging cash into economies worldwide to deal with the pandemic and help them afloat in the face of lockdowns and reduced consumer activity. Combined with the low-interest rate conditions, the stock market is now in a feeding frenzy. In the US, the trend has led to a boom of SPACs – or special purpose acquisition companies, that are betting mainly on technology companies. Indeed, one consequence of the pandemic is that it has been a catalyst for greater digital adoption and has changed people's habits, creating a brighter outlook for the sector as a whole.
This story is from the April 2021 edition of Forbes Indonesia.
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This story is from the April 2021 edition of Forbes Indonesia.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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BACK ON TRACK
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Championing Locals
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Boys in the Bubble
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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.
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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.
