Forbes Indonesia - September 2020
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September 2020 issue Digital Access. - Magazine Details
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In this issue
The economic impact of reduced demand is seen in the recently released statistics with inflation falling 0.1% month–month to an annual rate of 1.54% in July 2020, the producer price index falling 1.44% in the second quarter and second quarter GDP being reported at -5.32% on an annual basis. With the de- cline in exports holding up better than the reduction in imports, -9.9% versus -32.55%, Indonesia reported a healthy trade surplus in July 2020. The government continues to focus on strategic areas to reduce Indonesia’s reliance on imports and in addition to agricultural initiatives already in the pipeline pre-covid, the dependency on imported raw materials for drug manufacturing has been added as a critical risk area to be addressed as a result of the disruptions to the supply chains caused by the crisis.
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Bot Doc
Two young MIT grads and a bariatric surgeon are gambling on a new miniature surgical robot to make abdominal surgery faster, safer and cheaper—and beat the industry’s goliath.
Charting the New Streams
As a podcast content platform, Noice is starting to show substantial growth in the Indonesian market by focusing on local content and multi-vertical audio.
GROWTH PIVOT
CEO YASUO TAKEUCHI IS LEADING OLYMPUS’ TRANSFORMATION INTO A MEDICAL TECHNOLOGY COMPANY AFTER SELLING OFF ITS LAUDED, BUT MONEY-LOSING, CAMERA BUSINESS.
GUARDED CONFIDENCE
AMID THE UNCERTAINTY, INDONESIA SEEKS TO CHANGE GEARS AND DRIVE ITS ECONOMIC GROWTH BACK TO THE LEVELS OF BEFORE THE PANDEMIC.
One for All
Social commerce platform Evermos creates a collaborative economy by empowering resellers and MSMEs across all of Indonesia.
Race to Zero
Katingan Mentaya Project is leading the way in the global carbon finance-based conservation.
Rich Suckers
Private equity funds are the greatest wealth builders ever invented on Wall Street. So why have the retail versions of the dealmakers’ funds, peddled by Merrill Lynch and other brokers, performed so poorly?
Taking Shape
DYLAN FIELD sculpted FIGMA into design software’s hottest startup, valued at $10 billion, by listening first and letting the market and customers guide its research and development.
The Jump Shot
Under Jahja Tear Tjahjana’s leadership, Oneject Indonesia is enhancing its global and domestic auto-disable syringes’ market.
Shout Out for Japan
REALITY CHECK