Liem Sioe Liong's Salim Group by Richard Borsuk

Liem Sioe Liong's Salim Group by Richard Borsuk

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Résumé

This is the story of Liem Sioe Liong, a penniless migrant from China who arrived in Java in 1938 and became the wealthiest businessman in Suharto’s Indonesia. Through serendipity, instinct and networking skills, Liem rose from being an obscure, small-scale trader in the 1950s to become an important pillar of support for President Suharto in the mid-1960s.

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Liem Sioe Liong's Salim Group by Richard Borsuk

After Suharto gained power in Indonesia in the mid-1960s, he stayed as the country's president for more than three decades, helped by the powerful military, hefty foreign aid and support from a coterie of cronies. A pivotal business backer for his New Order government was Liem Sioe Liong, a migrant from China, who arrived in Java in 1938. A combination of the Suharto connection, serendipity and personal charm propelled him to become the wealthiest tycoon in Southeast Asia. This is the story of how Liem built the Salim Group, a conglomerate that in its heyday controlled Indonesia's largest non-state bank, the country's dominant cement producer and flour mill, as well as the world's biggest maker of instant noodles. The book features exclusive input from Liem, who died in 2012, and his youngest son, Anthony Salim. It traces the founder's life and the group's symbiosis with Suharto, his generals and family. After the tumultuous 1997-98 Asian financial crisis sparked Suharto's fall and a backlash against the strongman's cronies, Anthony staved off the crushing of the debt-laden group. Told in a journalistic style, the story of the Salim Group provides insights into Suharto's New Order. For business executives, students and anyone with an interest in Southeast Asia's largest economy, the volume makes a valuable contribution towards understanding the country's modern history.
Richard Borsuk and Nancy Chng are journalists based in Singapore. They lived in Jakarta from 1987 to 1988.
SKU Non disponible
ISBN 13 9789814459570
ISBN 10 9814459577
Titre Liem Sioe Liong's Salim Group
Auteur Richard Borsuk
État Non disponible
Type de reliure Paperback
Éditeur Institute for Southeast Asian Studies
Année de publication 2014-07-30
Nombre de pages 400
Note de couverture La photo du livre est présentée à titre d'illustration uniquement. La reliure, la couverture ou l'édition réelle peuvent varier.
Note Non disponible