Globe Asia

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Contents
2
volume 12, number 8
August 2018
Number 1 Business Magazine
20
Moving Towards
the Internet of
Things
The increased
implementation
of IOT enables the
country to enter
the next level of
modern business
practices.
26
Saved by Coal
Price, Automotive
Still Weighing
Down
Diversified
conglomerate
PT Astra
International Tbk
has managed to
improve its profit.
24
Positioning
for Better Growth
PT Bank Central
Asia Tbk, concluded
a Rp 500 billion
($43.5 million)
bond offering
enabling the bank
to futher develop
its business.
28
Top Groups Invest
in East Nusa
Tenggara
The East Nusa
Tenggara
administration
presented the
Lippo Group with
an award for its
contribution.
52
Newcomers Make
Their Mark
GlobeAsia takes a
look at companies
that have made
significant progress
in terms of growth
and business
strategies in the
recent years.