Forbes Indonesia - October 2021
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October 2021 issue Digital Access. - Magazine Details
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In this issue
Whilst infection rates have continued to fall sharply, bene tting from the continued imposition of social distancing controls and increased vac- cination rates, the relaxation in certain sectors has resulted in a positive im- pact. Based on the IHS Markit Indonesian Manufacturing PMI report, manu- facturing activity returned to positive territory in September with the index at 52.2% versus 43.7% in August. However, it also noted the pressure on prices and supply chains caused by the continuing disruption in many markets from the pandemic and lock-downs.
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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.
The Cost of Looking Good
The fashion industry is at the tipping point of turning sustainable.
Resilient Sectors in Greater Jakarta Amid the Pandemic
The pandemic has resulted in a challenging period for much of the Greater Jakarta real estate market.
Sweet Dream
On 17 August 2021, PTPN, the national state-owned plantation company, with government support, officially established PT Sinergi Gula Nusantara (SugarCo) by bringing together 35 sugar mills owned by seven of its members under a single entity subsidiary.
To the Moon
Tokocrypto takes early steps to integrate blockchain and crypto technology into Indonesian society
ROADS TO SUCCESS
JUSUF HAMKA ASPIRES TO TURN CITRA MARGA NUSAPHALA PERSADA INTO A RP100 TRILLION COMPANY, IN TERMS OF ASSETS.
Reshaping Business
At the height of COVID-19 pandemic, Hero Supermarket executes a major decision to divest Giant. Now, it is recalibrating business to regain profitability.
Humility Matters
TAUFIK DARUSMAN IS ONE OF INDONESIA’S MOST EXPERIENCED JOURNALISTS. HE HAS HELD CHIEF EDITOR ROLES AT BUSINESS WEEK INDONESIA AND INVESTOR MAGAZINES, AND THE INDONESIAN OBSERVER NEWSPAPER.
Opportunity in The Rise of Palm Oil Prices
What would you do if you had $5 billion in cash?
Bridging the Gap
Komunal provides a platform that connects depositors to rural banks that rely on brick-and-mortar branches.