Indonesia’s wealthiest business families are facing unprecedented pressure. Over the past year, major conglomerates have seen assets seized, investigations resurrected, licenses scrutinized, and long-standing projects thrown into uncertainty. The latest development — a six-month travel ban on Victor Rachmat Hartono of the Djarum Group — is not an isolated enforcement action. It is part of a sweeping realignment of economic power underway in Indonesia. To subscribe please click here
