High Tide for Salim Business

The Salim Group has its eye on several companies in Indonesia, China and Singapore. The group is diversifying and aiming at the consumer goods industry.

July 16, 2002

Apparently, the business fortunes of the Salim Group are now no longer dependent on fate. With accurate calculations and precise analysis, the group can change losses into profits, or convert piles of debts into money bags. The Salim Group professionals are very skilled at these sorts of conjuring tricks.

What has happened at Philippine Long Distance Telecommunications (PLDT) is proof of this. Salim intends to sell off the 24.4 percent shar

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