I read on Kompas Newspaper that Indonesian company, Martha Tilaar, has won the ASEAN Business Award as Best of the Best in Innovative Industry in big company category. The announcement was made on 27 Feb 09 in Bangkok Thailand during ASEAN Business Award ceremony.
Martha Tilaar, an Indonesian company who specialized in producing health/beauty/aesthetic products using traditional herbs, is winning the award despite the heavy competitor from Singapore (Singapore Technologies Engineering Ltd) and Thailand (True Corporation Public company Ltd) which is using more scientific approach.
According to Mrs. Martha Tilaar, this winning works as a proof that good and innovative products, even when it came from traditional roots, can be well accepted by international community.She then added that this winning shall motivates her company further to stay competitive in global market.
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