In this issue

Our warm best wishes for a healthy and prosperous 2021 to all our readers. Perhaps more so than recent years, this new year brings an increased expectation of renewal, both of personal ambition and expectation for a better year ahead and for companies, which while needing to continue to adapt the new business conditions brought about by the pandemic, most of whom will start the year with a fresh financial slate after closing out a 2020 significantly impacted by public health measures across the globe. 2020 saw many companies which had already embraced technology, not just those labeled as tech-companies, survive and thrive in a stressed business environment whilst many others accelerated their conversion of off-line processes to on-line ones.

VIRTUOUS KARMA

JOHN SPENCE’S ICONIC KARMA GROUP IS DELIVERING MORE INCREDIBLE EXPERIENCES TO THE INDONESIAN MARKET.

2 mins

Indonesia and LG Energy Solutions Sign Deal for EV Battery

Indonesia has secured a $9.8 billion investment deal from South Korean LG Energy Solutions to build the world's first integrated electric vehicle (EV) battery industry - from mines to lithium battery.

1 min

PLN Receives $500 Million Green Loan

PT PLN (Persero) received a $500 million green loan from international creditor to fund PLN's long-term plan on renewable energy and environmentally friendly electricity infrastructure.

1 min

Riding Momentum

Hendra is gaining fast traction on his bicycle business.

6 mins

Perfect Ingredients

Celebrity chef Arnold Poernomo is building entrepreneurship in the country’s F&B industry.

4 mins

Building Bridge

Ridha Wirakusumah explains what’s next for Bank Permata post acquisition.

4 mins

Speedy Recovery

ITDC moves to build tourist destinations beyond Bali.

5 mins

GROWTH STORY

Northstar Group's cofounder and managing partner PATRICK WALUJO sees opportunities in crisis.

10 mins

Emerging Markets, Commodities, and the Return of Inflation as Key Investment Themes for 2021.

Emerging markets (EM) historically has been considered higher risk and more volatile than so called developed markets of western Europe, Australia, Canada and the United states

5 mins

Your Flying Car is Finally Here

Secretive JOBY AVIATION, with nearly a billion dollars in funding from the likes of Toyota and Laurene Powell Jobs, promises to have its air taxis aloftby 2023.

6 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