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Bank Reboot

Tigor Siahaan has revitalized the performance of CIMB Niaga bank.When Tigor Siahaan took over as president director of PT CIMB Niaga in June 2015, the bank was under pressure. Indonesia’s GDP growth rate had dropped below 5% that year, hit by the commodity downturn and other factors. The bank had seen net profit for the year drop 82% to Rp 428 billion. The stock had fallen from about Rp 1,200 in May 2013 to just Rp 500 in May 2015—a decline of 58%. Bank CIMB Niaga’s current account and saving account ratio (CASA), a vital funding source, had fallen to
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Entrepreneurs
Solving the Impossible
Arfian Fuadi’s Dtech Engineering emerges as a world-class firm after winning two global design contests. BY SHINTYA FELICITAS Arfian Fuadi,
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Entrepreneurs
Online Coffee
Robin Boe and Jhoni Kusno have built Otten Coffee into Indonesia’s largest online coffee site. By Ardian WibisonoOtten Coffee co-founders
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Ardian Wibisono 1 week ago . 5 min read

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Business
Electronic Wizard
Abidin Fan, 55, founder and president director of PT Sat Nusapersada knows his way around well in his maze-like electronic
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Ardian Wibisono 2 weeks ago . 5 min read
Business
Weathering Market Volatility
Market volatility is back after a relatively subdued 2017 and emerging markets (EM) have not been spared. A resurgent U.S.
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Haryanto Budiman 2018 years ago . 3 min read

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