September 4, 2024 | Jakarta

Bloomberg CEO Forum

All eyes on Indonesia in transition as growth continues apace. Will President-elect Prabowo Subianto stay true to his pledge of continuing President Joko Widodo’s policies? Aiming to transform the $1-trillion economy, Southeast Asia’s largest, into a high-income one by 2045. Can the new administration create an understanding of how and where global investment should flow and fast? Join us in person this September in Jakarta, Indonesia, for a series of conversations on the trends, risks and opportunities facing Indonesia and the wider Asean economies in 2024.

September 4 - Wednesday

10:00 am

Registration & Networking

11:00 am

Bloomberg CEO Forum - Morning Programming

11:20 AM WIB – Welcome Remarks

11:25 AM WIB – Sponsor Spotlight

  • Lana Soelistianingsih, Vice Chairman of Indonesia Deposit Insurance Corporation 

11:30 AM WIB – Scaling Digital Infrastructure

The coming years are crucial for digital innovation in Asean, driven largely by AI. Players in the sector will need to keep speed and ease top of mind for the communities they serve. Data centers are having their moment, with Malaysia, Indonesia, the Philippines and Vietnam all experiencing sharp growth. How resilient is Southeast Asia’s digital infrastructure and can it keep pace with the speed of transformation?

  • Pandu Sjahrir, Founder & Managing Director, AC Ventures
  • Moderator: Olivia Poh, Southeast Asia Technology Reporter, Bloomberg

11:55 AM WIB – Bigger and Better: The Future of E-Commerce

By 2045 Indonesia’s Ministry of Cooperatives and Small and Medium Enterprises estimates e-commerce could make up about 18% of GDP. In spite of rules imposed in 2023 to regulate this vast digital economy, growth continues apace, with market size expected to grow from $52.93 billion in 2023 to $86.81 billion by 2028. 

  • James Chang, CEO Indonesia, Lazada
  • Moderator: Claire Jiao, Acting Indonesia Bureau Chief, Bloomberg

12:20 PM WIB – Travel Trends: To Indonesia and Beyond

In 2023, the travel and tourism industry across Southeast Asia contributed $360.4BN to GDP, still short of the pre-pandemic $379.9BN (2019). Continuing economic headwinds globally are still impacting the sector but there is widespread cause for optimism. Asia remains a major destination, as well as sending tourists, notably from China and India, to the four corners of the globe. We discuss the trends, and the spend. 

  • Rajeev Menon, President, Asia Pacific Excluding China, Marriott International
  • Sandiaga Uno, Minister of Tourism and Creative Economy, Republic of Indonesia
  • Moderator: K. Oanh Ha, Host, The Big Take Asia Podcast, Bloomberg

12:50 PM WIB – Closing Remarks

12:55 PM WIB – Morning Mainstage Programming Concludes

1:00 pm

Networking Lunch

2:15 pm

Bloomberg CEO Forum - Afternoon Programming

2:15 PM WIB – Opening Remarks

2:20 PM WIB – Nusantara: The New Capital 

What fate Nusantara as we enter a new political era? Moving Indonesia’s administrative center to Borneo island, about 800 miles further northeast, is a plan to relieve pressure on the current capital Jakarta. Indonesia hopes to move up to 1.9 million people to Nusantara by 2045. In theory, it could also help spread the nation’s wealth more evenly among its more than 275 million citizens. We bring together a panel to discuss what it will take to build a true city of the future. 

  • Shuhaela Haqim, Country Director, Tony Blair Institute
  • Agung Wickasono, Deputy Chairman Funding & Investment, Nusantara National Capital Authority
  • Moderator: Faris Mokhtar, Indonesia Government Reporter, Bloomberg

2:50 PM WIB – Indonesia’s Investment Flows 

Indonesia recorded a total of $47.34 billion of foreign direct investment in 2023, up 13.7% on 2022 figures. Steady investment flows mean Indonesia’s economy has expanded at a rapid pace, we consider the outlook with the political transition underway.

  • Mira Arifin, Indonesia Country Executive, Bank of America
  • Arief Budiman, Deputy CEO, Indonesia Investment Authority
  • Moderator: Tassia Sipahutar, Southeast Asia Corporate Coverage Leader, Bloomberg

3:15 PM WIB – The Future of Finance 

We look at trends and developments in Islamic finance in the country with the world’s biggest Muslim population. The Islamic banking sector faces stiff competition from conventional banks and low sharia financial literacy according to Fitch Ratings but with a supportive regulatory environment investors will still see growth. 

  • Raja Amir Shah Bin Raja Azwa, CEO, HSBC Amanah
  • Romy Buchari, Shariah Banking Director, Maybank Indonesia
  • Moderator: Soraya Permatasari, Executive Producer, Bloomberg

3:40 PM WIB – Closing Remarks 

3:45 PM WIB  – Afternoon Mainstage Programming Concludes

4:00 pm

Sponsor Breakouts

6:00 pm

Gala Dinner

6:00 PM WIB – 7:00 PM WIB – Registration & Networking Reception 

7:00 PM WIB – Welcome Remarks

7:05 PM WIB – Sponsor Spotlight 

  • Purbaya Yudhi Sadewa, Chairman, Indonesia Deposit Insurance Corporation 

7:10 PM WIB – Remarks 

  • Susilo Bambang Yudhoyono, Sixth President of the Republic of Indonesia

7:15 PM WIB – In Conversation with Susilo Bambang Yudhoyono 

We speak to Sixth President of the Republic of Indonesia, Susilo Bambang Yudhoyono about his hopes for the next phase in Indonesia’s story as the country moves from the Jokowi era into that of president-elect Prabowo.  

  • Susilo Bambang Yudhoyono, Sixth President of the Republic of Indonesia
  • Moderator: Katrina Nicholas, Deputy Managing Editor Global Business & Asia Transport Team Leader, Bloomberg

7:40 PM WIB – VC Outlook for Indonesia

Venture capital firms continue to look for opportunities in South and Southeast Asia, with Indonesia still fertile ground for innovation and investment. We speak to a panel of the region’s leading venture capitalists about their predictions for the months, and years, ahead. 

  • Agung Bezharie, Country Head & Partner Indonesia, Antler
  • David Gowdey, Managing Partner, Jungle Ventures
  • Paul Santos, Managing Partner, Wavemaker Partners
  • Helen Wong, Managing Partner, AC Ventures
  • Olivia Poh, Asia Tech Reporter, Bloomberg

8:20 PM WIB – Programming Concludes