Matahari Department Store was recognized by news portal Warta Ekonomi as one of Indonesia's top 100 companies. (JG Photo)

Matahari Receives Warta Ekonomi's Top 100 Enterprises Awards

JULY 03, 2018

Jakarta. Matahari Department Store was recognized by news portal Warta Ekonomi as one of Indonesia's top 100 companies.

The Top 100 Enterprises award was handed to a representative of Matahari during a ceremony at Balai Kartini in South Jakarta on Friday (29/06).

With Indonesia's ever-changing economic landscape, companies are expected to maintain a certain level of sustainability to their businesses, always pushing to innovate and grow, playing a very important role for Indonesia's economic development.

The Top 100 Enterprises award aims to show appreciation for the country's 100 best companies, selected by Warta Ekonomi based on collected data, analyses of media content and consumer surveys. The research showed that Matahari was one of the best enterprises in the retail industry category.

"Matahari's clean presence and good performance across Indonesia has earned the company a good reputation among the public. Receiving the Warta Ekonomi Top 100 Enterprises award for the category best in the retail industry has given the company a significant morale boost and encouraged us to continue delivering our best," Matahari said in a press release.

Matahari Department Store is Indonesia's first and largest department store operator, with a combined retail space of nearly a million square meters in 155 stores located in 74 cities across the country.

The Jakarta Globe and Matahari Department Store are both affiliated with the Lippo Group

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