Posted by Timebusinesstoday.com – The first judging round for the 2024 Bisnis Indonesia Award with the theme “Agility in Uncertainty” began at the Bisnis Indonesia Office on Thursday (14/3/2024).
This event is an annual activity of the Bisnis Indonesia Group, where the implementation of BIA 2024 is the 22nd since it was first held in 2002.
At this meeting, the awards that will be given in the Bisnis Indonesia Award 2024 consist of two categories, non-bank industry and banks.
The judging itself was carried out by a number of parties, including Chairman of the Board of Commissioners of the Financial Services Authority for the 2017 – 2022 period Wimboh Santoso and Deputy Minister of Finance for the 2014-2019 period Mardiasmo.
Then, there are also the Secretary of the 2008-2009 Economic System Stability Committee (KSSK) Raden Pardede, the Minister of Communication and Information of the Republic of Indonesia for the 2014-2019 period Rudiantara, and the President Director of PT Jurnalindo Aksara Graphics (JAG) Lulu Terianto.
After careful consideration and discussion by the jury, the assessment for the company itself will be based on nine performance indicators. Starting from, EBITDA, Debt to Equity Ratio (DER), Earnings Per Share (EPS), Return On Assets (ROA) to Return On Equity (ROE).
Not only that, the criteria for audited financial reports for 2023, time series for five years, ESG reports, sustainability reports and risk management reports also serve as value references in the judging stage.
One of the jury members, Wimboh Santoso, appreciated the theme chosen for this inaugural event.
For him, this theme was chosen to give appreciation to the business world, both from the non-bank and bank industries, which are able to maintain positive growth amidst turbulent global conditions.
“Yes, this means that agility is [the ability] to adapt to any conditions, such as political changes, changes in business conditions and then the Covid-19 pandemic. This means that companies that are more agile will definitely be more likely to survive,” he said, Thursday (14/3/2024 ).
The following is a list of 2024 BIA Industrial (Non-Bank) Categories
1. Real Estate Manager & Developer
2. Agricultural Food Products
3. Coal
4. Processed Foods & Beverages
5. Chemical Goods
6. Building Construction
7. Retail Trade
8. Oil & Gas
9. Automotive & Automotive Components
10. Wireless Telecommunications Services
11. Metals & Minerals
12. Oil, Gas & Coal Support
13. Consumer Finance
14. Insurance
15. Entertainment Media & Film
16. Infrastructure & Transport Operator
17. Containers & Packaging
18. Body Care Products
19. Pharmaceutical & Health Research
20. Health Service Providers
21. Multi-sector Holding Company
22. Construction Materials
23. Clothing & Luxury Goods
24. Tourism & Recreation
25. Transportation
26. Commercial Services
27. Software & IT Services
28. Machines
29. Forestry & Paper
30. Holding & Investment Companies
31. Cigarettes
32. Building Products & Supplies
33. Retail Trade and Primary Goods
34. Electricity
35. Investment Services
36. Technology Hardware & Equipment
37. Electric Utilities
38. Logistics & Delivery
39. Telecommunications Services
List of BIA Industry (Bank) Categories 2024
1. Foreign Banks
2. Regional Development Bank
3. Bank Persero
4. National Private Bank
5. Sharia Bank
This award is planned to be given on Thursday 13 June 2024. With this award event, the companies that receive the award are expected to be good examples to other corporations to continue to grow through innovative steps.