The Inspiring Journey of Liem Sioe Liong (Sudono Salim): Founder of Indofood

👨‍💼 Sudono Salim, also known as Liem sioe Liong, was a prominent Indonesian conglomerate founder.

🍜 He founded Indofood, a popular Indonesian food brand known for its flagship product, Indomie.

💼 In addition to Indofood, Salim's group of companies included many other well-known brands in Indonesia.

📚 Om Liem Sioe Liong started his career as an employee in a kerupuk factory but quickly became a successful businessman.

🌟 Despite facing challenges during the Japanese occupation, Om Liem Sioe Liong showed remarkable business instincts and started a logistics business to support the Indonesian army.

🤝 Om Liem Sioe Liong successfully established connections and partnerships, including meeting Sulardi, a cousin of Soetarmono.

📜 Om Liem Sioe Liong moved to Jakarta and founded Central Bank Asia, later known as Bank Central Asia (BCA) in 1960.

🏢 Om Liem and his partners established CV Waringin Kencana, which evolved into PT Bogasari Flour Mills, the largest wheat flour company in Indonesia.

🌾 Under the monopoly granted by the Soeharto government, Bogasari flour production capacity soared from 650 to 9,500 tons per day, becoming a major supplier for nearly two-thirds of the Indonesian population.

🏭 In addition to Bogasari, Om Liem also founded PT Indocement Tunggal Prakarsa, a well-known cement company.

💼 Om Liem Sioe Liong, also known as Sudono Salim, was a prominent Indonesian conglomerate and founder of Indofood.

💰 Salim Group, led by Om Liem, had businesses in various sectors including banking, food, retail, and automotive.

📉 Despite its significant growth, Salim Group was affected by the 1997 monetary crisis in Indonesia, causing instability in its businesses.

💰 The drastic drop in the value of the Indonesian currency had a significant impact on large companies, including Salim Group.

🔥 During the 1998 riots in Indonesia, Salim Group faced targeted attacks and their properties were burned down.

👨‍👩‍👧‍👦 Sudono Salim, also known as Liem Sioe Liong, had four children, and his third son, Anthony Salim, continued the business and became the most active in Salim Group.

📚 Anthony Salim's determination to revive Salim Group after the 1998 crisis resulted in the successful development of PT Indofood and PT Bogasari.

🌍 PT Indofood and PT Bogasari, known for their brand Indomie, have not only achieved success in Indonesia but also expanded their market to various countries worldwide.

🌿 As part of Salim Group's agribusiness expansion, they became a prominent player in the palm oil industry through companies like PT Indofood Agri resources, PT London Sumatera Indonesia, and PT Salim ivomas Pratama.

🛡️ To address the environmental impact of palm oil production, stakeholders from traders to consumers and NGOs have established the rspo, aiming to develop and implement sustainable practices.

📚 The video is about the biography of Liem Sioe Liong (Sudono Salim), the founder of Indofood.

💼 In 2019, PT Salim ivomas Pratama withdrew from the rspo due to allegations of 20 rspo standard violations and 10 labor law violations in Indonesia.

💪 The story highlights the values of hard work, perseverance, and seizing opportunities, as demonstrated by Liem's journey from China to Indonesia.