Forbes to launch international edition in Indonesia

Based in Jakarta, the first issue is slated to be published later this year. The latest edition adds to Forbes' growing commitment to the Asia-Pacific region where it currently run its flagship title, Forbes Asia, along with three other partnerships publishing local editions in China, India and Korea. The combined circulation is 360,000.

Online, Forbes.com currently registers 1.7 million unique visitors from the region.

On the partnership, Millie Stephanie, president director of Wahana Mediatama, said: “Indonesia is ready for a world-class independent business magazine, and Forbes is the perfect brand for such a publication. The editorial approach is well matched with the growing sophistication and aspirations of the Indonesian business community. For Indonesia, the entry of Forbes into the market signals the country’s growing importance on the global business scene.”

On its latest international edition, William Adamopoulos, president and publisher of Forbes Asia, added: “We are excited to be entering the Indonesia market. The timing is excellent. Indonesia’s economy is on a strong growth trajectory and the confidence of the country’s entrepreneurs has never been higher. Indonesia’s business story is exciting, and we look forward to telling that story in the pages of Forbes Indonesia.”