The Collapse of the Biggest Dream in Asia

July 10, 2001

It's still fresh on people's minds Eka Tjipta Widjaya's grand dream of making his group the "largest in Asia" in the pulp and paper field. There's obviously nothing wrong to have such a spectacular dream, especially since the "Asian Tigers" at that time were boldly baring their teeth everywhere. When in July 1997, the economic crisis suddenly halted them in their tracks, Eka Tjipta was in the middle of business expansions; natur

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