Forbes Indonesia 2013 February (e-magazine full)

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Forbes Indonesia 2013 February (e-magazine full)

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Money & Medicine • OJK’s Muliaman Hadad Indonesia www.forbesindonesia.com february 2013 VOLUME ISSUE GROWTH STORY Teddy Rachmat builds Triputra into a commodities powerhouse RP 50,000 Leading you to Indonesia For over two decades, Bank Mayapada has proven to be a strong and reputable bank in Indonesia We offer a wide range of financial services to meet our clients’ personalized business needs supported by state of the art IT and knowledgeable staff With over than 170 branches in 19 provinces in Indonesia, Bank Mayapada will continue to serve the ever growing economy in Asia www.bankmayapada.com Mayapada Tower, Ground Floor – 3rd Floor Jend Sudirman Kav.28 Jakarta 12920 – Indonesia Phone : +62 21 5212288, +62 21 5212300 contents — february 2013 volume issue Indonesia p PAGE 34 “A partnership enables you to have a check and balance In tennis or badminton, a single player can not win against double player.” —TEDDY RACHMAT, OWNER OF TRIPUTRA GROUP | FACT & COMMENT // Steve Forbes Obama’s ugly foreign policy legacy 10 | CURRENT EVENTS // David Malpass The battle to limit government: America needs to win now healthonomics 14 | Hospitals Calling The country is in the midst of an unprecedented drive to expand the hospital industry By Ulisari Eslita 18 | Good Health For All Hasbullah Thabrany’s long desire to ensure all Indonesians have access to healthcare is about to be realized By Sonya Angraini 20 | Beyond Drugs and Drugstores Long known for its drugstore chain, Kimia Farma under Rusdi Rosman is now undergoing a major expansion By Renjani Puspo Sari 22 | Extreme Makeover Marcus Pitt is revamping the Soho Group to better compete as the healthcare system undergoes its own transformation By Jeffrey Hutton 24 | Healthcare Outlook 2013 // Frost & Sullivan On the brink of major transformation issues & ideas 26 | Taking the Reins As the first chairman of the OJK, Muliaman Hadad explains how the agency will operate By Sonya Angraini 30 | The Fight Over Papua’s Savanna Developing Papua’s Merauke area could help the country but plans to it are controversial By Renjani Puspo Sari 32 | fresh thought // Taufik Darusman And then there were ten COVER Photograph by ahmad zamroni / Forbes indonesia | FORBES INDONESIA february 2013 33 | global viewpoint // Jennie S Bev Post-industrial network synchronization february 2013 FORBES INDONESIA | contents — february 2013 volume issue cover story 34 | Growth Story Teddy Rachmat has been a success as both a top executive and an entrepreneur, and one of his few regrets is not being more of the latter sooner By Gloria Haraito companies & people 42 | Keeping It Simple Under Jerry Ng, BTPN’s focus on core businesses and customer service are keys to its performance p PAGE 42 “It’s the same thing with pensioners, if they are healthy they will live longer and remain as customers.” — Jerry Ng, BTPN FINANCIAL ADVISOR By Ardian Wibisono 46 | The Strata Succession With his brother and now his son, Raj Kumar put a non-Chinese face on the Lion City’s real estate map BY NAAZNEEN KARMALI 50 | property perspectives // Todd Lauchlan Jakarta: it’s good to be number one 51 | marketing insights // Hermawan Kartajaya Changing the game in 2013 philanthropy 52 | Lessons of the Forest Butet Manurung learned to teach in new ways to reach her students in the Sumatran jungle By Ulisari Eslita THE WORLD’S MOST POWERFUL PEOPLE 54 | Power Players There are 7.1 billion people on the planet These are the 20 who matter 58 | inside the koch empire They control one of the world’s great companies Liberals (and competitors) may hope they go away, but Charles Koch and his brother David are just getting started By Daniel Fisher 66 | reality check // James Kallman Daring to dream of things that never were forbes life 68 | In the Rough In Cempaka, miners still look for diamonds using traditional methods p PAGE 52 “I lived together with them and shared everything.” —BUTET MANURUNG, SOKOLA “JUNGLE SCHOOL” FOUNDER | FORBES INDONESIA february 2013 72 | Power Slide The sport of drifting is becoming bigger in the country By Yessar Rosendar 74 | Pick Of The Litter Craig Jackson owns and runs the hugely successful Barrett-Jackson Collector Car Auction The best part about his job? He gets to keep a few cars himself By Hannah Elliott 78 | the eye // Yessar Rosendar february 2013 FORBES INDONESIA | FORBES INDONESIA Indonesia Editorial Department Chief Editorial Advisor Justin Doebele Editor-At-Large Taufik Darusman Senior Writers Ardian Wibisono Writers Ulisari Eslita, Gloria Haraito, Renjani Puspo Sari Reporters Sonya Angraini, Yessar Rosendar Art Director Mirna Lidya Aprilla Photo Editor Ahmad Zamroni Executive Assistant Seli Widiati Editorial Intern Adelia Anjani Putri, Arya Satya Nugraha, Hamish McNicol Business Department Publisher Jusuf Wanandi Associate Publisher Grace Wong Circulation & Subscription Manager Andriansyah Circulation Executive Desi Yulieta Production Manager Mudafid Riyanto Senior Adv Manager Tanti Jumiati Senior Adv Sales Executive Hilman Ahmad PR & Event Manager Rafki Ismael Executive Assistant Marketing Nancy Heryana Accounting Manager Indrawati Sonjaya Accounting Supervisor Inge Stephanie Accounting Executives Ary Purnomo Administrative Assistant Fitriyah PT Wahana Mediatama President Director Millie Stephanie Vice President Director Victoria Tahir President Commissioner Jonathan Tahir Vice President Commissioner Maria Lukito Forbes Media LLC Chairman & Editor-in-Chief Steve Forbes President & CEO Mike Perlis Chief Product Officer Lewis D’Vorkin President & Publisher, Forbes Asia William Adamopoulos Editor, Forbes Asia Tim Ferguson FEBRUARY 2013 • Volume Issue FORBES Indonesia is published by PT Wahana Mediatama under a license agreement with Forbes LLC, 60 Fifth Avenue, New York, New York 10011 “FORBES” is a trademark used under license from FORBES LLC â2010 PT Wahana Mediatama ã â2010 FORBES LLC, as to material published in the U.S Edition of FORBES All Rights Reserved ©2009 FORBES LLC, as to material published in the edition of FORBES ASIA All Rights Reserved FORBES INDONESIA is published monthly, 12 times per year Copying for other than personal use or internal reference or of articles or columns not owned by FORBES INDONESIA without written permission of FORBES INDONESIA is expressly prohibited CONTACT INFORMATION Forbes Indonesia: Menara Sudirman 19th Floor Suite 19D, Jl Jendral Sudirman Kav 60, Jakarta 12190 Tel: (021) 522 6828, Fax: (021) 522 7208 Website: www.forbesindonesia.com : Forbes Indonesia Magazine : @forbes_id Subscriber Enquiries: Please contact Circulation Division SMS to 0817 0109 777, email: circulation@forbesindonesia.com Or visit www.forbesindonesia.com to subscribe or advertise Single copy price Rp 50,000, local subscription rate Rp 420,000 + postal fee (Jabodetabek) for 12 issues | FORBES INDONESIA february 2013 SIDELINES N Next Year’s Other Big Event ext year is in the spotlight due the presidential elections But an equally important event is slated to happen in the same year, the effects of which will perhaps be as profound as those coming from whomever wins the election What is the event? The introduction of a system guaranteeing universal healthcare coverage to all citizens—starting first with the poorest of the poor and then extended to everyone The Badan Penyelenggara Jaminan Sosial (BPJS) will be a grand experiment—on a global scale When implemented, it will reportedly be the world’s largest “single-payer” national health scheme, meaning one agency will be responsible for collecting the premiums and paying the bills Improving the health of its citizens has long been a point of pride for the country, which has made enormous progress in areas such as infant mortality and life expectancy over the years The introduction of the BPJS can be seen as another step—and a big one—in this important journey If all goes according to plan, the BPJS will be the catalyst for a wholesale renovation of the country’s healthcare system Along with creating more rationalization in pricing for healthcare practices, it should also drive more consistent, and higher, standards for care nationwide The reform will create huge new demand, thus providing a reason for entrepreneurs and investors to deliver the supply—across a wide spectrum of goods and services Geography should be less of a barrier to quality care, as there will be new incentives to build facilities in areas where before there were none The articles in this package on healthcare cover the various aspects of this coming revolution, from an interview with Professor Hasbullah Thabrany who is the intellectual father of the BPJS and has worked hard to see it become a reality, along with preparations underway at a leading state firm—PT Kimia Farma—and a leading private one—PT Soho Group—to prepare themselves for this coming transformation of the healthcare sector The change cannot come too soon Having a vital healthcare sector is a critical part of any developed economy—as an industry that creates many high-paying and high-value jobs and also as one that underpins the health, literally, of the economy Whatever happens in the next few years will no doubt be watched closely by others to see what lessons can be learned from Indonesia’s grand experiment Ensuring that everyone can feel secure about getting adequate healthcare when needed is no small accomplishment F Justin Doebele Chief Editorial Advisor editor@forbesindonesia.com february 2013 FORBES INDONESIA | FORBES INDONESIA FACT & COMMENT — STEVE FORBES “With all thy getting, get understanding” Obama’s Ugly Foreign policy legacy BY STEVE FORBES, EDITOR-IN-CHIEF Afghanistan’s mercurial president, Hamid Karzai, came over for a visit to discuss future U.S troop levels in his country The White House vibes on this are bad: President Obama wants no U.S presence in Afghanistan after next year He did the same thing in Iraq in late 2011, pulling out all U.S forces Given U.S war weariness, such actions score well in the polls, but they point to bloody troubles for the U.S in the future Obama’s desire to reduce the U.S global presence to the scale of, say, Belgium is deliberate but betrays an abysmal, murderous ignorance of history and global realities Without a strong U.S political/military presence around the world instability increases as antiAmerican, antimodern forces violently assert themselves We’ve seen this movie before in the isolationist 1930s and again in the 1970s, when the U.S seemed to be in terminal decline We are not the world’s policeman, but we are the best guarantor of peace and stability Take Europe, a continent that was wracked by constant conflict for centuries Today a major war there is inconceivable This new reality wouldn’t exist if it weren’t for the security umbrella the U.S has provided since the end of World War II Or look at Asia North Korea is becoming increasingly belligerent, and China is more truculent with its neighbors Alarm bells are going off in neighboring countries Vietnam, for example, has made abundantly clear that it wants an increasing, not a decreasing, U.S military presence in that part of the world Vietnam and China had a brief but violent military flare-up in 1979 Japan’s new prime minister has made clear his desire for Japan to embark on its first major rearmament program since World War II Would it really serve the purpose of global peace to have Japan engaging in a major military buildup, as | FORBES INDONESIA february 2013 well as becoming a nuclear power? Do we really want the instability of increased tensions and the possibility of armed conflict in the region? Our unnecessary withdrawal from Iraq is destabilizing that already shaky part of the world Iran is using Iraq as a thruway to supply arms to the Syrian government, which has killed 60,000 of its unhappy citizens Iraq itself may break apart in communal conflict A meaningful U.S troop presence in Iraq would have been a beneficial check to Iranian belligerence and would have given more credibility to our warnings to Tehran to cease its race for nuclear weapons Bugging out of Afghanistan after overstretched U.S forces have achieved considerable success in stabilizing much of the country will only mean that the Taliban and al Qaeda get another shot at taking the country Doesn’t anyone remember where the 9/11 plot was hatched? Moreover, the vacuum we create in Afghanistan will mean more trouble in neighboring Pakistan, where moderate forces are already on the defensive Their boldness and numbers would grow if they felt the U.S was “staying the course” in their part of the world Can Afghanistan defend itself against Islamist militants? Probably not, just as Western Europe during the Cold War could never have defended itself against the Red Army without American help The U.S., nearly six decades after the Korean War, still maintains a presence in South Korea Those troops are the only reason North Korea hasn’t again tried to take over the South We’ve made plenty of mistakes in our foreign policy since WWII, but there’s no gainsaying the fact that our refusal to retreat into isolation, as we did in the 1930s, has made the world a far safer and infinitely richer place F FORBES INDONESIA forbes life traditional diamond mining In the Rough In Cempaka, miners still look for diamonds using traditional methods photographs BY ahmad zamroni / forbes indonesia 68 | FORBES INDONESIA february 2013 From left clockwise: The miners dig in groups of 10 to 20 people, using baskets to haul up mud, stones and clay; A miner washing the sediment in artificial ponds; Samsul, 49 years old, with more than 15 years experience as a traditional miner february 2013 FORBES INDONESIA | 69 this page From top: Traditional mining sites located at Cempaka village, Banjar Baru regency, South Kalimantan; Traditional machine to suck up and wash sediment right page From top: The diamonds coming from this site; Diamonds at a jewellery shop in Martapura; A worker polishes a diamond in Martapura 70 | FORBES INDONESIA february 2013 Mines around the city of Martapura, known as the “city of diamonds,” have been famous for centuries for producing diamonds of exceptional quality, brilliance and color During the 18th century, the Dutch produced out of this area in South Kalimantan some 50,000 carats a year The year 1965 was the apex of Martapura’s fame when a 166 carat pink diamond, known as the “Trisakti diamond,” was found in the region Some two decades later, in 1985, a large raw diamond of 117 carats was found, followed by another diamond of 197 carats that was found in 2008, although Borneo’s status as a diamond producer has long been on the wane, surpassed by other locations Small-scale traditional mining continues to this day in Cempaka, a modest village near Martapura, using techniques changed little by modern technology Miners here use only the most basic of tools to search for the valuable stones The diamonds, when found, are usually buried in gravel and FORBES INDONESIA FORBES LIFE — traditional diamond mining muddy sediments at depths of about 10 meters The miners work in groups of about 15, using baskets to haul up the muddy sediment, which is then washed in conical bowls which are swirled around By using this traditional method, lighter material is collected towards the outside edge of the bowl, while the heavier diamonds collect at the bottom Every dig hole is owned by a landlord, who gets 20% of the earnings of the hole, while 10% goes to the equipment owner and the final 70% is split amongst the miners F february 2013 FORBES INDONESIA | 71 FORBES INDONESIA forbes life — drifting Power Slide The sport of drifting is becoming bigger in the country By Yessar Rosendar The Achilles Formula Drift Indonesia 2012 was held last November at Jakarta’s International Expo However, the weather didn’t cooperate and heavy rain hit the venue as the event was getting started Set up in a converted parking lot of the Expo, the rain forced the race to stop several times, temporarily flooding the track and the car paddock, where the water levels rose to be several inches deep 72 | FORBES INDONESIA february 2013 Yet the rain didn’t obscure the significance of this annual event, as Indonesia seems to have become caught up in the current craze for drifting, a type of racing popularized in the “Fast and Furious” movie series and whose roots go back to Japan, where modified cars “drift” at high speeds through turns This annual drifting event was being held for the second time and was even bigger than its inaugural event in 2011 “We hope that we can encourage local drivers,” says Edward Mamahit, head of global marketing for PT Multistrada Arah Sarana, which sponsored the event under its Achilles brand of car tires Multistrada was so pleased with the success of the event that it has signed up to be the title sponsor of Formula Drift Asia until 2015 and will expand the championship to Australia next year and perhaps even to China and Japan ahmad zamroni / forbes indonesia (2) The event attracted some international drift celebrities such as Daigo “The Ninja” Saito who won the Formula Drift championship in the U.S.; Ken Gushi, another rising star of the drift circuit and Malaysian Tengku “The Prince of Drift” Djan Ley In total there were 32 drifters from Australia, Indonesia, Japan, Malaysia, Singapore and Thailand The event in November was meant to be a display for Indonesian fans of the drifting racing style The drivers were judged on their ability to intentionally maneuver their cars into controlled sideways slides at high speeds through a marked course The judges based their scores on the skill of the drivers in executing the maneuver, in addition to the raw speed of their cars Due to its visual appeal, drifting is as much as about style as it is about being fast, and could be compared to the difference between snowboarding and skiing On this day, despite the rain, it was most definitely a crowd-pleaser In the Formula Drift championship drivers are given two non-consecutive judged laps, and each run is judged on four criteria: speed, line, angle and overall impression Drifting first began to gain popularity in Indonesia around five years ago, when there were no organized professional drift competitions and the local drivers would instead show off their drifting moves in impromptu (and illegal) races held on public roads late at night in the Pondok Indah area of Jakarta—and such races can still be found around the city today Noting the rising popularity of the sport, the Indonesian Motorsports Association (IMI) gave its official recognition of this driving style in the last few years and now plans to develop a national drift championship next year and help local drivers to join in overseas competitions “We fully support this sport and we believe that our drivers has the same potential as drivers from any other country,” says IMI Chairman Nanan Sukarna Modifying a car to perform drift maneuvers is not expensive, with starter kits costing around $10,000 “You can buy the parts off the shelf,” Ken Gushi says, adding that only cars with rear-wheel drive can be made to drift One issue for Indonesia was finding the cars that are ideal for drifting, such as the Nissan Silvia or Nissan Skyline As Indonesia doesn’t allow the import of used cars, it was hard to find affordable cars that could be used for drifting The situation is different in other countries Malaysia’s Tengku Djan Ley has a Nissan Silvia powered by a Chevrolet V8 engine, while Daigo Saito has a Lexus ISC with a 1,000 horsepower engine (more power means faster drift speeds and usually better scores) For this event, Daigo Saito won the Indonesia championship, adding to his wins in the Formula Drift USA and Formula Drift Asia championships, while Tengku Djan Ley grabbed second place, followed by Norwegian Fredrick Aasbo with a RSR Toyota Supra Indonesian Rio Saputro Budihardjo also gave an impressive performance Despite the rain, Indonesians had a good chance to sample the sport of drifting F february 2013 FORBES INDONESIA | 73 FORBES indonesia FORBES LIFE — wheels Pick Of The Litter Craig Jackson owns and runs the hugely successful BarrettJackson Collector Car Auction The best part about his job? He gets to keep a few cars himself By Hannah Elliott Photographs by Jamie Kripke When eBay began selling cars online in the mid-1990s, the conventional wisdom was that Craig Jackson’s career was over The chairman and CEO of the Barrett-Jackson Collector Car Auction was told repeatedly that online auctions would swiftly destroy his business “I was like, ‘I don’t think so,’ ” says Jackson, 53, who just that year had taken over the company his father, Russ, had started in 1971 with Tom Barrett 74 | FORBES INDONESIA february 2013 Turns out Jackson was right Since then, Barrett-Jackson has sold $1 billion worth of cars “You can commoditize 2,000 Tauruses They’re only different on mileage and this and that,” says Jackson by way of explanation “But with a collector car there are so many things to look at And it’s a passion purchase.” At this year’s auctions—in Scottsdale, Las Vegas, Palm Beach, and Orange County—Barrett-Jackson cleared more than $140 million The d flagship Scotts­ ale auction, which a ­ ttracted 270,000 visitors, ­ ccounted a for $92 million alone The auctions themselves have become must-attend events for collectible-car lovers, providing a healthy mix of showmanship (pretty blondes in heels and miniskirts flaunt the wares on the floor) and networking opportunities (boozy steak dinners are de rigueur) While Jackson, who has the neck of a bulldog, hands as thick as veal chops, and the deep drawl of a Southern preacher, is the undisputed ringleader, he can be a bit of a wallflower “People think he’s aloof,” says best friend Perry Dodd, an automobile detailer But he’s merely a man who takes his work seriously, focusing on the transparency of the transactions (he once hired Deloitte & Touche to audit his own business) and the quality of his offerings His customers appreciate his fastidiousness “There are hundreds of thousands of people who have bought cars and joined the hobby because of Craig,” says McKeel Hagerty, the chief executive of an eponymous agency that insures high-end cars And, anyway, Jackson’s business allows him to feed his own obsession He lives the fantasy of any car collector, as auction master who gets the pick of the litter (For what it’s worth, he says he never bids against clients.) He owns 19 cars, clockwise from top: Jackson’s ‘68 Green Hornet Shelby, the centerpiece of the collection when the Bugatti is away; detail of the 427-cubic-inch engine from the ‘67 Shelby GT 500 fastback race car; detail of the snake emblem on the Green hornet coupe; the sculpted rear end of a ‘70 hemi Cuda convertible february 2013 FORBES INDONESIA | 75 FORBES INDONESIA FORBES LIFE — wheels most of the muscle variety As a child, Jackson rode dirt bikes and raced hot rods with his older brother and their motor-head friends When he was 17, his father bought him a Corvette The first car he ever bought? A 1966 Pontiac LeMans (He still owns it.) “I grew up around these cars,” he says He’s aging with them, as well His collection includes a few from muscle’s golden era, like a 1961 Chevy Impala custom coupe, a 1965 Shelby Mustang GT 350, and a 1970 Dodge Hemi Challenger He’s got modern rides as well, including a 1997 Dodge Viper and a 2012 Camaro Z1 Jackson is currently restoring a Ferrari Daytona with his 13-year-old son; he is hoping to break the boy’s transfixion with video games One of Jackson’s favorites is a “restored modern car,” a 1932 Ford custom Roadster built in 1952 with Ardun heads on a supercharged, large flathead engine and raced all over northern California Another is the 1970 Hemi Cuda convertible, one of only 14 made and the only one to be exported that year to England Chrysler gave it to the chairman of British Steel as a thank-you for that company’s aid during the steel crisis It’s also the only one produced with clockwise from top: The interior of the 1961 Chevrolet Impala custom 2D hardtop; the grill on Jackson’s 1932 custom roadster, a car also known as hula girl; the engine from the Impala The first car Jackson ever bought? A ’66 Pontiac LeMans (He still owns it.) a white interior in the much-soughtafter C7 paint code called Plum Crazy Jackson lives on an estate near Scottsdale He built a circular garage to hold his cars on the hillside behind his house The garage walls are leather, and the floor is coated with terrazzo Heating and cooling systems protect the cars from Scottsdale’s hot days and cool nights An exhaust system blows excess fumes outside “It makes it clean and sanitary,” Jackson says 76 | FORBES INDONESIA february 2013 Each of the cars has a special spot on the floor, positioned to best accentuate its curves with the lighting system Jackson has a $2 million Bugatti Veyron—black with silver trim, quilted seats, and carbon fiber throughout— which rests on a turntable Jackson’s cars are kept alert via electrical battery tenders, and he employs one man to help him exercise them (They should be enjoyed rather than enshrined, he says.) He takes them on supercar tours and to local rallies and on shopping trips with his fiancée, Carolyn, who owns a pair of 5-inch heels made specially to match the Bugatti That Bugatti comes with a backstory Jackson never planned to buy it Someone else bid on the car in the September 2010 auction and then disappeared out the back door So Jackson put it back on the block, explained the story, and asked for someone to meet the bid “But we heard crickets,” says Jackson “So I said, ‘If nobody else wants the car, I’ll take it.’ ” He drove it home that night F SUBSCRIBE NOW ! Get your own copy delivered to your doorstep every month SAVE 50% 2-year subscription at Rp 600.000 only* HURRY ! PROMOTION ENDS 31 MARCH 2013 ! DETAILS Name Mr PAYMENT METHODS Mrs a Credit Cards Ms Job Title For corporate subscription, please add NPWP number Please note debit cards are not accepted for payment for subscription Subscription starts (month & year) Company Cardholder’s name Industry Retail Finance/Bank Trading Real Estate Service Industry/Factory Education Forestry & Logging Mining Construction Insurance Transportation Other Delivery address Date of expiry mm/ yy Cardholder’s signature Business Home City Postal Code Phone Fax Card Number Mobile Email Please allow - weeks for first delivery *Outside Jabodetabek Rp 780.000 (includes delivery free) **Delivery charges will apply for overseas addresses b Transfer BCA Bank, Summitmas branch Acc : 538.530.4479 Acc name : PT Wahana Mediatama Please include payment receipt with subscription form c Cash payment Visit our office between am to pm Menara Sudirman 19th Floor Suite 19D, Jl.Jend Sudirman Kav 60, Jakarta 12190, Indonesia Please fax this form and payment receipt to (021) 522 7208 or email : circulation@forbesindonesia.com february 2013 FORBES INDONESIA | 77 THE EYE By yessar rosendar Thriller Tribute Montblanc pays tribute to the inventor of the psychological thriller genre, British filmmaker Albert Hitchcock The white gold edition, limited to just 80 pieces, featuring the dramatic swirling vertigo effect in black lacquer enhanced with red reminiscent of the bloodstained crime scenes of his films In addition, a “Psycho” knife clip is enriched with diamonds Symbolizing the craft that Hitchcock devoted his life to mastering, the cap rings are encircled by a stylized roll of celluloid film—a director’s ultimate tool Versatile Luxury After a decade Land Rover has introduced its fourth generation Range Rover; it has a new exterior design and features an all-aluminum body, which is 39% lighter than the previous steel body It also equipped with the new version of Land Rover’s Terrain Response system, which analyses the current driving conditions and automatically selects the most suitable vehicle settings The interior is revamped and has 118 mm more legroom, while the rear compartment offers more space and comfort, with the option of a new twoseat Executive Class seating package for the rear seats Land Rover itself has a new partner in Indonesia and will be available in a showroom in Pacific Place shopping mall Hidden complexities An addition to the 1966 collection, the Girard-Perregaux 1966 Minute Repeater combines three complications in one watch: the minute repeater, annual calendar and equation of time The 42 mm diameter polished pink gold case comes with an anti-reflective sapphire crystal bezel, and a hand wound mechanical caliber made from over 400 component parts Equipped with a brown alligator strap and a buckle in pink gold, it is limited to only 15 pieces 78 | FORBES INDONESIA february 2013 Dream Retreat Alila Villas Soori are offering a retreat package for the whole family in its 10-bedroom residence, it could accommodate up to 20 people and will provide one villa manager, two personal butlers and two housekeepers dedicated to your stay Complimentary car and driver are also available 24/7, and for the little ones, complimentary activities include pottery class, basket weaving, kite making or bicycle rentals The resort is located on the southwest coast of Bali, near the island’s famed Tanah Lot Temple It is a beachfront resort nestled between lush rice fields with Mount Batukaru as its backdrop and glistening volcanic black sands lapped by the Indian Ocean, giving best of both worlds Price: $15,600 ++ per night Diamond Love Tiffany & Co celebrates Valentine’s Day with passionate pink diamonds, highlighting its heritage in diamonds A 2.11-carat pear-shaped pink diamond is mounted in a contour ring, precisely cut to maximize its hue and is bordered with round white diamonds and platinum If you’d like an item or service covered by Eye, please email editor@forbesindonesia.com february 2013 FORBES INDONESIA | 79 THOUGHTS FINAL THOUGHT There’s just no better way to see a game you really want to see than to watch it on TV from multiple angles, with close-ups—and instant replay, too —malcolm forbes “For Robert Kraft it all started in 1971 on the cold, hard metal benches of a sad-sack football stadium in Foxboro, Mass ‘Section 217, row 23,’ says the Boston-born businessman, who would bundle up his four boys and a few of their friends to watch the Patriots lose another game on Sunday afternoons ‘I used to sit on those benches and dream about what I would if I owned the team,’ he says Some 20 years later Kraft delivered on that cold, hard dream In 1994 he paid a then unheard-of $172 million to buy a faltering, moneylosing franchise that had won less than half of its games since its founding in 1959 Since then Kraft has transformed the Patriots into one of the most valuable sports franchises in the world The Patriots work, he says, because he treats the property ‘just like our other businesses I hire good people I can trust.’ No superstars, he says ‘No Lone Rangers If you keep the turkeys out of your life, then good things can happen.’” —From the Sept 19, 2005 issue of Forbes Thoughts on FOOTBALL We’re in a little bit of a boom right now If those guys continue to develop, we’ll have a period of time here, kind of a Camelot of quarterbacking —Steve Young Wow, I’m tellin’ ya, you quarterbacks—you get all the good-lookin’ women —Brent MusbUrger In the NFL you get one firstround draft pick if you’re lucky You couldn’t really outwork anybody else In college I could recruit ten players with first-round talent every year — Nick Saban I can’t ­remember— even though this is a quarterbackdriven league— as many ­remarkable and compelling stories on the quarterback side as you’re seeing this year —Sean McManus I told my team that this would be my last ride And I told them I was just at so much peace in where I am with my decision because of everything that I’ve done in this league I’ve done it, I’ve done it, man —Ray Lewis I’m not surprised that Junior Seau and others have this evidence of brain damage Junior just didn’t report head injuries If you did report stuff like that, next thing you know you’re on waivers I think they’ve basically just scratched the surface of a gigantic iceberg They turned a blind eye to this for so long, and now it’s an avalanche —Mark Walczak Hyping up the Super Bowl ads has gotten even more ridiculous than hyping up the game Or maybe we should just start running a four-hour block of commercials with little snippets of football in between —NED CROWLEY SOURCES: ADAGE.COM; DAILY BEAST; DETROIT FREE PRESS; ESPN; FOXSPORTS.COM; NEW YORK TIMES; USA TODAY 80 | FORBES INDONESIA february 2013 ... columns, visit our Website at www .forbes. com/currentevents 10 | FORBES INDONESIA february 2013 february 2013 FORBES INDONESIA | 11 12 | FORBES INDONESIA february 2013 Indonesia healthonomics overview... zamroni / Forbes indonesia | FORBES INDONESIA february 2013 33 | global viewpoint // Jennie S Bev Post-industrial network synchronization february 2013 FORBES INDONESIA | contents — february 2013. .. innovation It has more than 40 offices around the world 24 | FORBES INDONESIA february 2013 february 2013 FORBES INDONESIA | 25 FORBES INDONESIA ISSUES & IDEAS OJK Taking the Reins As the first

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