ARE INDONESIA’S PRABOWO AND ULTRA RICH ‘9 DRAGONS’ ON A COLLISION COURSE?

Indonesian President Prabowo Subianto’s push to reorganise Southeast Asia’s largest economy around a stronger, more interventionist state has put him increasingly at odds, analysts say, with the country’s so-called… Known locally as Sembilan Naga, the label is a loose shorthand for some of Indonesia’s richest tycoon families – many of them Chinese Indonesian – with interests spanning banking, tobacco, property, palm oil, mining…

News - South China Morning Post reports that indonesian President Prabowo Subianto’s push to reorganise Southeast Asia’s largest economy around a stronger, more interventionist state has put him increasingly at odds, analysts say, with the country’s so-called…

The report adds: Known locally as Sembilan Naga, the label is a loose shorthand for some of Indonesia’s richest tycoon families – many of them Chinese Indonesian – with interests spanning banking, tobacco, property, palm oil, mining…

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