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Prabowo Tries to Tame Indonesia's Powerful Business Elite

Prabowo's Power Play in Indonesia: A Battle for Economic Supremacy Prabowo Subianto, the President of Indonesia, has been warning about wealth leaking overseas from the country.

His efforts to centralize key exports suggest a more sinister motive: bringing Indonesia's old business elite under firmer state control.

The "9 Dragons," as they are known, are powerful conglomerates that have dominated Indonesia's economy for decades with their interests in banking, tobacco, property, palm oil, mining, and consumer goods.

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