China’s Tech Giants Targeted With New Anti-Monopoly Rules

An employee walks through the campus of the Alibaba’s headquarters during the annual Singles’ Day … [+] online shopping event in Hangzhou, China, on Monday, Nov. 11, 2019. Qilai Shen/Bloomberg Chinese authorities released a new set of rules aimed at clamping down on the country’s dominant internet platforms, which are accused of engaging in a […]

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Sales Of Sido Muncul’s Herbal Remedies Soared As The Pandemic Hit Indonesia Hard

AHMAD ZAMRONI/HKV/FORBES INDONESIA This story is part of Forbes’ coverage of Indonesia’s Richest 2020. See the full list here. Indonesia’s largest herbal products maker is feeling fit as health-conscious consumers snapped up its products during the pandemic. Net profit at Industri Jamu dan Farmasi Sido Muncul rose 11% to 641 billion rupiah ($41 million) in the […]

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