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Indonesia in 2020: The Year Ahead

Forbes Indonesia

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February 2020

January is a time to take stock of what happened in the previous year and to look ahead to the next. Every year at this time, our clients want to know what’s in store for the property market over the next 12 months, and as we move into 2020, there are a lot of reasons to be positive.

- JAMES ALLAN

Indonesia in 2020: The Year Ahead

From a macro perspective, the economy continues to tick over at just over 5% annually. At the same time, the rupiah continues to perform well, edging below 13,700 per US dollar at the time of writing (mid-January). The completion of the national election in 2019 also means that we potentially have some years of political stability ahead of us.

FLERE HISTORIER FRA Forbes Indonesia

Forbes Indonesia

Forbes Indonesia

BACK ON TRACK

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Championing Locals

The wave of social commerce is enabling inclusive digital economies beyond urban areas.

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Boys in the Bubble

Startups are supposed to specialize, but OPENSEA’s founders thrived by building a wide-open market for creating and trading all manner of NFTs, whether art, music or gaming. Now that they’re centimillionaires and poised to become billionaires, they have other worries: competitors, fraudsters and the next crypto crash.

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Enduring Relations

The implementation of IA-CEPA amid the pandemic signifies the Indonesia-Australia’s commitment to recover and counter future challenges together.

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Sweet Success

Steven Erwin envisions Unifam to become a major global player in the confectionery and F&B industry.

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Marathon Man

Across America, scores of municipal pension funds remain scandalously underfunded. But not the pension fund of Tampa’s police and firemen, thanks in large part to JAY BOWEN, whose no-frills approach to stock picking has protected and served them for more than 45 years.

time to read

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December 2021

Forbes Indonesia

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Gold Rallies on Inflation Fears

During September the price of gold rallied to $1,868 per ounce following the release of figures on US inflation by the Bureau of Labor Statistics which indicated that, as of September, CPI inflation had rocketed to 6.2%, above the 5.8% which economists had been predicting.

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Forbes Indonesia

Forbes Indonesia

Set Off to A New Start

Bank Aladin has two main ingredients for success: establish trust and offer better customer experiences.

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Forbes Indonesia

Forbes Indonesia

The Daily Intake

YOUVIT plans to invest further into marketing and grow into one of the leading vitamin brands in Indonesia.

time to read

4 mins

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Forbes Indonesia

Forbes Indonesia

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.

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