In this issue

If to be the best is not good enough, then being the best of the best should certainly more than suffice. And that is precisely what the 50 business entities featured in this issue are. They are a testimony not
only to their management’s sound business instincts, but also to good corporate governance.
The list is Forbes Indonesia’s version of the nation’s corporate creme de la creme. They have made fortunes, if you will, the old-fashioned way: they earned it. And we are proud to be associated with them.
The editorial team had put a number of prime companies through a proverbial prism from which 50 best of the best emerged. It is no mean feat; hours and hours were devoted to make sure they got it right as they have in the past.
One company stands out, namely PT Indonesia Paradise Property – it has made the list three years in a row – which is building star-rated hotels throughout the archipelago with unbridled gusto. The move falls in line with the government’s resolve to earn more foreign exchange from tourism (and the creative industry), and to wean itself off from traditional revenue sources such as commodities.

Strong Spirit, High Energy

Like most big international sporting events, the 18th Asian Games in Indonesia is also about urban makeover, tourism and culture.

5 mins

Mayora Indah

Food & beverageMARKET CAP: RP 67.75 TNNET INCOME: RP 1.57 TN

4 mins

Ace Hardware Indonesia

RetailMARKET CAP: RP 22.72 TNNET INCOME: RP 780.7 BN

3 mins

Kresna Graha Investama

FinancialsMARKET CAP: RP 13.20 TNNET INCOME: RP 319.8 BN

4 mins

Indonesian Paradise Property

HospitalityMARKET CAP: RP 6.54 TNNET INCOME: RP 100.78 BN

4 mins

Metropolitan Land

PropertyMARKET CAP: RP 2.77 TNNET PROFIT: RP 551 BN

4 mins

Tomorrowland

If smart cities are the future of cities, then Singapore blue-chip Keppel is signing up.

5 mins

Pillar For Growth

Citi’s Asia CEO francisco Aristeguieta builds the bank’s regional success. 

3 mins

Travelling At Mudik And Beyond

As The big lebaran mudik (homecoming) came to an end last month, particularly from the city of Jakarta, most of the population must have paid greater attention to the preparedness of the road network, particularly of toll and main national roads.

2 mins

Supplier To The Stars

For decades Kenny Park has quietly made the pricey handbags that famous labels sell around the world. Today he’s a billionaire.

7 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