Theodore Permadi Rachmat, Entrepreneur:
There’s no problem even if the rupiah hits 16,000 against the US dollar
When many businesses are getting jittery by the sinking rupiah, Theodore Permadi Rachmat, 74, keeps his cool. Over 50 years of experience as a successful entrepreneur gives him enough confidence in Indonesia’s current economic condition. "Devaluation occurred so often during the Suharto regime. No problem. This is not big," asserted the founder of Triputra Group.
Theodore has weathered several economic turbulences, from 1997 to 1998, in 2005...