Book contents
- Frontmatter
- 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
- Plate section
Preface
Published online by Cambridge University Press: 21 October 2015
- Frontmatter
- 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
- Plate section
Summary
This project on Liem Sioe Liong and the Salim Group was undertaken as an independent venture — neither authorized nor financed by the group or the Liem family. The root was our interest to document the life and times of Liem, a pivotal figure in Asian business who founded a conglomerate that in its heyday was by far the largest in Southeast Asia. As Liem was Suharto's main cukong — a Chinese businessman providing funds for Indonesia's military and political leaders while receiving patronage and protection — his story provides an insight to how Suharto was able to stay in power for more than three decades.
There have been a few books published in Indonesian and Chinese about Liem, mostly hagiographies. Significantly, none included the tycoon's direct inputs. Given Liem's desire for a low profile, he had declined previous requests from prospective biographers. Historically, the Salim Group has been highly averse to publicity despite its very public participation in a wide range of businesses during the Suharto regime. Indeed, in many cases, the group chose to ignore inaccuracies in news reports and was content to allow errors in stories to go uncorrected.
Years after Suharto fell from power, we approached Liem's youngest son, Anthony Salim, and said we wanted to write a book on his father and the group. By the mid-2000s, Indonesia had found its footing in the post-Suharto period and Liem had long ago left the driving to Anthony. Currently CEO of the Salim Group, Anthony spent years after Suharto's fall working to avert a collapse of the group due to the massive debts incurred from events in 1997–98.
We requested Anthony and his father to help us tell as accurate and comprehensive a story as we could. We made it clear that we had to retain full control of the manuscript; it was clearly understood that the family and Salim executives could not see any of the text prior to publication. Keeping the writing project independent and credible was of paramount importance to us. Anthony agreed to our requests. His father talked to us between 2006 and 2007, whenever his health permitted. Anthony, who did not vet our questions to himself or to his father, spent many hours with us over a period of years.
- Type
- Chapter
- Information
- Liem Sioe Liong's Salim GroupThe Business Pillar of Suharto's Indonesia, pp. vii - xPublisher: ISEAS–Yusof Ishak InstitutePrint publication year: 2014