The Salamander’s Black Record

February 25, 2003

SALAMANDER. Perhaps this would be a really fitting and apt symbol with which to describe Lippo’s amazing staying power. After all, the salamander does not die when roasted by fire and is invulnerable to disasters. Whilst other business groups were swept away by the financial crisis some five years ago, the Lippo Group was not only able to hold on, it even continued to enjoy growth. Instead of just sitting and waiting as regards to its prope

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