Indonesia Recognised as Asia’s Best Emerging Market Economy at Top Asia Corporate Ball 2024

Dec 9, 2024 | Faces & Happenings

The Top Asia Corporate Ball 2024, hosted by Top 10 of Asia magazine, brought together distinguished guests from across Asia at the Grand Hyatt Hotel in Kuala Lumpur. This glittering annual gala celebrated excellence, honouring industry leaders, innovators, and trailblazers for their exceptional achievements and contributions to their respective fields.

The Ball is an annual celebration event as well as an occasion to honour the achievements of influential individuals, corporations, and nations featured in their publications. Unlike traditional awards nights, it focuses on honouring success across various industries and cultures. The event has been held in major cities such as Kuala Lumpur, Jakarta, Hong Kong, Bangkok, and Singapore, earning the support of governments from over 20 Asian countries. Its highlights included inspiring recognitions, captivating performances and exceptional networking opportunities, fostering both business and social connections. In addition, the Ball emphasises its commitment to philanthropy, supporting charitable causes and further cementing its status as a significant platform for both celebration and social impact.

The evening was nothing short of spectacular, marked by elegance, camaraderie and inspiration. Guests were treated to a prestigious awards ceremony, recognising excellence in 50 diverse categories. A distinguished panel of judges meticulously selected the winners for their outstanding impact on their industries. From corporate giants to cultural icons, the honourees epitomised the spirit of innovation, progress and excellence.

In his opening remarks, Mr. Lee Seng Chee, Managing Editor of Top 10 of Asia magazine, expressed pride in celebrating these achievements. “We are incredibly proud to honour the individuals and organisations who have made remarkable contributions to various industries,” he said, setting the tone for an inspiring night.

The event also celebrated nations that have left a profound mark on Asia’s cultural and economic landscape. Indonesia was awarded Asia’s Best Emerging Market Economy for its remarkable economic growth and resilience, with the award presented to His Excellency Dato’ Indera Hermono. With steady GDP growth, a burgeoning middle class, and a commitment to infrastructure development, Indonesia has emerged as a regional powerhouse. Its strategic policies to attract foreign investment, diversify industries, and promote digital transformation have positioned the country as a dynamic and competitive market. Additionally, Indonesia’s focus on sustainability and inclusive growth underscores its dedication to long-term development. These achievements reflect the country’s leadership in navigating global economic challenges and solidify its reputation as a standout emerging economy in Asia.

The award was granted to Indonesia based on extensive research and surveys conducted by Top 10 of Asia magazine, gathering valuable input from industry experts, analysts, and audiences across the region. This thorough evaluation process ensured that Indonesia’s recognition as Asia’s Best Emerging Market Economy was a true reflection of its impressive growth, resilience and forward-thinking policies.

Among the key highlights of the awards was the recognition of leaders in environmental, social and governance (ESG) initiatives. Federal Express Services Malaysia (FedEx), Watson’s Personal Care Stores, Bank Pembangunan Malaysia Berhad, and YTL Corporation stood out for their commitment to sustainability and positive social impact. Additionally, other notable recipients included RF3 World Sdn Bhd, Corus KLCC, Mr. Tuk Tuk, and Biovisma Sdn Bhd, further showcasing a diverse array of excellence across sectors.

Beyond the awards, the evening featured stellar entertainment that kept the energy vibrant. International and local performers, including Janella Salvador from the Philippines, Korea’s Han Byul Jung, Malaysia’s Dasha Logan, Suki Low and Dr. Soo Wincci, enthralled the audience with mesmerizing musical performances. Stand-up comedy by Dr. Jason Leong and Singapore’s Jacky Ng added a touch of humour, ensuring guests remained captivated throughout the night.

The Top Asia Corporate Ball 2024 wasn’t just a night of recognition – it was also a celebration of artistry, culture and connection. Celebrities, influencers and industry professionals mingled amidst a backdrop of glamour, making the event one of the most talked-about gatherings of the year. As the night concluded, it was clear that the celebration of excellence and innovation had left an indelible mark on everyone in attendance, reaffirming the magazine’s commitment to honouring the best of Asia.