FIVE years without Suharto, the Cendana businesses are on a strict diet. Bimantara, Arseto, Humpuss, Citra Lamtoro Gung, and Maharani have had to fight without their former main weapons: tax-free facilities, special incentives and licenses, and a million other exceptional treatments. Banks are no longer too free with loans, businessmen no longer bestow free shares.

Not strong enough to survive in the harsh jungle, a number of Cendana companies