CATEGORIES

Saving Panasonic

Four years ago Kazuhiro Tsuga embarked on one of Japan Inc.’s most radical overhauls. But he’s not done yet turning around the consumer-electronics giant.

Java is Bubbling

A cinema revolution looms in Indonesia.

Bank Rakyat Indonesia

Asmawi Syam, president director of Bank Rakyat Indonesia (BRI), started his career in the second largest bank in Indonesia almost four decades ago, back in 1980.

Quintessence of Luxury

Chopard’s Caroline Scheufele is expanding the brand and making it more environmentally friendly at the same time.

Invisible Unicorns

AS OF 2017, there are 197 one billion-dollar minimum-valuation unicorns in the world, one of which is Indonesia’s Go-Jek. While much attention is on these well-funded game changers, there are many “invisible” unicorns, so-called because they have reached $1 billion plus valuations with little or no VC or other external funding. They are the true definition of bootstrappers. Most of these invisible unicorns prefer to stay under the radar and continue to quietly disrupt business as usual in their chosen sectors. Who are they? How could they bootstrap and grow without any VC help?

Homecoming: Bridging The Gap With Returnee Indonesians

OVER THE LAST few decades of Indonesia’s economic growth, an increasing number of young people have gone overseas for continuing studies and even begun their careers abroad. When family duties, residency restrictions or other reasons call them home to Indonesia, these returnees have a unique opportunity and challenge in job hunting in modern-day Indonesia.

Money Maker

Perum Peruri is branching into many new areas such as smart cards.

Check My Ride

Jeffrey Andika’s Otospector helps used car buyers avoid buying lemons.

Silky Treats

An under-30 brother and sister have made Puyo Desserts a success.

Celebrating Flavors

Celebrity chefs Jean-Georges and Cedric Vongerichten enter Indonesia with Vong Kitchen.

Growth Driver

Bank Negara Indonesia under Achmad Baiquni profits from infrastructure and digital trends.

Blueprint For A Remodel

Autodesk’s software dominated architecture for three decades. But to stave off obsolescence, AndrewAnagnost has to rebuild the business.

Bridgewater's Millennial Edge

Karen Karniol-Tambour figured she’d become a professor, like her parents. Instead, at 33, she’s research chief at the world’s biggest hedge fund.

Forward Looking

Forbes Indonesia Talks With Representatives Of International Chamber Of Commerce On Investment Climate.

Movie Wizard

To film mogul Manoj Punjabi, the sky is the limit.

Farming 4.0

Dattabot’s Hara plans to revolutionize the agriculture sector and help small farmers with blockchain technology.

Baby Boomers

The Bharwani brothers are growing the Kanmo Group into a retail powerhouse.

Wheels Of Fortune

Can china’s Ofo export its bicycle-sharing scheme to a car-loving America?

Black Magic Powder

The alchemists at Sila Nano have their eyes on a $31 billion—and growing— lithium-ion battery market. They just might get a nice piece of it.

Economic Impact Of Infrastructure Delivery

AS AN ADVISORY firm focused exclusively on infrastructure, we often help governments develop watershed economic and infrastructure programs aimed at increasing economic growth; but only rarely see the required political courage to implement such programs. A few years ago, I led a team of local and international infrastructure experts on a two-year study to analyze and benchmark eight different sectors within infrastructure in Indonesia, which was submitted for the development of RPJMN 2015-2019, the government’s five-year medium-term development plan. The then-incoming Joko Widodo administration adopted the study’s key components and issued the RPJMN 2015-2019 along with the NAWA CITA-9 Goals. Nawa Cita aimed to bring social equity to Indonesia via infrastructure projects, maritime connectivity, and reduced logistics costs, poverty and inequality. The Jokowi administration’s for-reaching infrastructure program totalled $342 billion—and like many I was sceptical.

Creativity Takes Center Stage

INDONESIA’S BEST kept secret may be its remarkable creativity—contributing over 7% to the GDP. In 2016 Indonesia’s creative forces produced Rp 922 trillion worth of goods and services, up from Rp 852 trillion in 2015. Triawan Munaf, head of the staterun creative economy body Bekraf, noted that in the past three years the figure has annually risen by a whopping minimum of Rp 70 trillion. He expects last year the figure may hit the Rp 1 trillion mark.

The Teaching Post

A unique refugee school in Bogor gets help from the local and global media.

Law Without Justice

“LEX INIUSTA non est lex (an unjust law is no law at all)”—this legal maxim originates from St. Augustine, and became a motto for Thomas Aquinas and was quoted by Martin Luther King Jr. Currently, Indonesia has many laws and regulations. Through the 1945 Constitution, it stipulates that all previous laws and regulations prior to independence will still be applicable unless they are revoked. Hence, Indonesia has been using the Criminal Code, Civil Code, and Commercial Code from the Netherlands. In addition, the government and the House of Representatives promulgate many new laws.

Dayu Dara Permata

Co-founder, Go-Lifebe

Value Proposition

Tapestry’s Ian Bickley looks to increase his brands’ presence in Indonesia and beyond.

Sri Widowati

Country Director, Facebook Indonesia

Strong Ties, Great Chemistry

Singapore investors confident in RI’s future, says Ambassador Anil K. Nayar.

Game On

IDX chief Inarno Djajadi is determined to see the Indonesian bourse remain solid amidst election year and global volatility.

The Accidental Caviar King

The most coveted fish eggs in the world aren’t produced in Russia. They’re made in China—by Bill Holst, a Wisconsin scrapyard operator.

Sound Success

Rudi Hidayat’s V2 Indonesia is expanding its business in high-end audio.