‘We’ve seen the worst-case scenario’: How Indonesia’s Cinema XXI navigated crisis and change
Caution, not aggression, defines how president director Suherman runs South-east Asia’s largest cinema operator by screen count
Add BT as a preferred source
The strategies and stories that shape today’s leaders
[JAKARTA] Suryo Suherman still remembers how quickly optimism evaporated in 1998.
Fresh out of Boston College, he had returned to Jakarta and joined his family’s cinema business at a time when Indonesia’s economy was booming. “From 1994 to 1997, Indonesia was doing quite well,” he recalled.
Then, the Asian financial crisis hit.
TRENDING NOW
Singapore private housing is ‘decoupling’ from HDB market as buyer pools diverge: NUS survey
Simba’s 5G spectrum hurdle may accelerate Singapore’s telco market reset
Yen hits 40-year low in historic slide that’s rattled Japan
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
