Sjamsul Nursalim:"I work for IBRA now"

May 1, 2001

Sjamsul Nursalim was once an icon in the Indonesian business world. Through his Gadjah Tunggal Group, he owned a tire factory, the world's largest shrimp farm, a financial institution and even a polytechnic. But like many other Indonesian tycoons, the holder of a master's degree in management is now facing the bitter reality after the economic meltdown.

Nursalim's group has since collapsed and its assets are now owned by the government, under the

...

More Articles