Economy and conglomerates

Economy and conglomerates

President Soeharto stressed that conglomerates will never hold the reins of the national economy because the government will stay in a position of economic control. According to the president, the conglomerates are not our economic enemies but are actually assets to country.

We fully agree with the president's statement but we will always be watchful over how individuals come to form a conglomerate. We are not against anyone getting rich but we like to know how they become rich and how they deal with their financial prosperity.

The crucial point is that the government must have effective control of the conglomerates' activities, so they will always follow the "path" which leads to the prosperity of the people.

-- Pikiran Rakyat, Bandung