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Liem Sioe Liong's Salim Group
The Business Pillar of Suharto's Indonesia
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Yes, you can access Liem Sioe Liong's Salim Group by Richard Borsuk,Nancy Chng in PDF and/or ePUB format, as well as other popular books in Business & Business Biographies. We have over one million books available in our catalogue for you to explore.
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1
A
JAVANESE
“KING”
AND
HIS
CUKONG
One
hankered
after
power,
the
other
after
money,
and
when
they
paired
up
they
made
a
potent
team
that
kept
them
on
top
in
Indonesian
politics
and
business
respectively
for
three
decades.
President
Suharto
and
Liem
Sioe
Liong
worked
very
closely
together,
building
a
symbiotic
relationship
that
resulted
in
huge
benefits
for
both.
Liem,
founder
of
the
colossal
business
conglomerate
known
as
the
Salim
Group,
proved
himself
to
be
a
reliable
businessman
and
became
Suharto’s
main
cukong
1
—
a
Chinese
financial
backer
who
is
given
protection
by
powerful
political
or
military
leaders.
In
his
rise
from
an
itinerant
peddler
to
Indonesia’s
wealthiest
businessman,
Liem
received
patronage
from
several
generals,
but
most
importantly
from
Suharto
himself.
The
strongman
acquired
unchecked
and,
for
a
long
time,
uncheckable
power
and
until
his
shocking
resignation
in
May
1998,
was
one
of
the
world’s
longest-serving
heads
of
government.
In
1983,
sycophantic
parliamentarians
conferred
on
him
the
title
Bapak
Pembangunan
—
“Father
of
Development”,
which
Suharto
cherished,
as
he
liked
to
claim
that
all
his
endeavours
were
for
the
good
of
the
“common
man”.
But
while
he
claimed
to
identify
with
the
“
wong
cilik
”
(Javanese
for
“little
people”),
Suharto
saw
himself
as
possessing
the
wahyu
,
sort
Table of contents
- Contents
- PREFACE
- INTRODUCTION
- 1. A Javanese “King” and His Cukong
- 2. Roots
- 3. Establishing a Foothold
- 4. Crucial Links
- 5. The Scent of Money
- 6. “Gang of Four”
- 7. A “New Life”
- 8. Flour Power
- 9. Cement Build-up and Bailout
- 10. A Banking Behemoth
- 11. Broadening the Home Base
- 12. Going International
- 13. Helping Hands
- 14. Noodle King
- 15. Dark Clouds
- 16. The Sky Starts to Fall
- 17. Götterdämmerung of the New Order
- 18. Surviving
- 19. Assets: Lost and Found
- 20. Moving Ahead
- 21. Twilight
- 22. End of an Era
- Glossary and Abbreviations
- Selected Bibliography
- Index
- About the Authors