WHO would have supposed that Rajawali Nusantara Indonesia (RNI) would fall face down in Jakarta’s so-called Golden Triangle. This extremely high-value region could have been a gold mine for this state-owned enterprise (SOE). In reality however, because of its development of a business center in this area, Rajawali has become a bird without wings.

Several years ago now, the Kuningan region of South Jakarta was known as the village of Betawi cow