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Are Indonesia’s Prabowo and ultra rich ‘9 Dragons’ on a collision course?

Global - Asia Archived August 5, 2026
Are Indonesia’s Prabowo and ultra rich ‘9 Dragons’ on a collision course?
Indonesian President Prabowo Subianto’s push to reorganise Southeast Asia’s largest economy around a stronger, more interventionist state has put him increasingly at odds, analysts say, with the country’s so-called Nine Dragons.
Known locally as Sembilan Naga, the label is a loose shorthand for some of Indonesia’s richest tycoon families – many of them Chinese Indonesian – with interests spanning banking, tobacco, property, palm oil, mining and consumer goods.
It has never referred to a formally...
Source: South China Morning Post | https://www.scmp.com/rss/91/feed - Read Original
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