Hasyim Ning Explained

Birth Name:Masaoges Noer Moechammad Hasjim Ning
Birth Place:Padang, West Sumatra, Dutch East Indies
Nationality:Indonesian
Known For:Indonesian conglomerate
Spouse:Ratna Maida Ning
Children:2

Hasyim Ning (22 August 1916 – 26 December 1995) was Indonesian tycoon who owned the Indonesian Service Company, an assembler company that holds a European-American automotive brand license. He was jokingly referred to as the "Indonesian Henry Ford" in the press.[1]

Life

Hasyim was a Minangkabau who came to Jakarta in 1937. However, two years later, he was appointed as the representative of NV Velodrome Motorcars in Bandar Lampung. In 1941, he became a coal mine contractor in Tanjung Enim, South Sumatra. After retiring from the army with the last rank of Lieutenant Colonel, in 1951 Hasyim founded the Djakarta Motor Company. The next few years, through Indonesia Service Company (ISC) Hasyim held the lucrative sole agency for import General Motors cars.[2] In 1961, he—in conjunction with Ciputra, Jusuf Muda Dalam and Dasaad—founded PT Pembangunan Jaya, a construction company. He was later secure contracts of Jakarta's government construction, such as Ancol Dreamland and Senen shopping stores. At that year, he also founded PT Daha Motor, the sole agent of Fiat. Under the New Order era, his business was flourished. In 1977, he founded PT Tjahja Sakti Motor, the sole agent of BMW in Indonesia. This company was later acquired by Astra International.

Hasyim played a leading role in Indonesia's Chamber of Commerce, eventually becoming its chairman (1979-1982). He was maintaining his place in the top echelons of Indonesian conglomerates up until the early 1980s. In 1981, he sold his 49% stake in Bank Perniagaan Indonesia (BPI) to Mochtar Riady. Eight years later BPI changed its name to Lippo Bank, and merged with Bank Umum Asia.[3]

Notes and References

  1. Jost Dülffer, Marc Frey; Elites and Decolonization in the Twentieth Century, 2011
  2. J. Thomas Lindblad, Bridges to New Business: The Economic Decolonization of Indonesia, 2008
  3. Tempo magazine, Ini Dia Lippobank, 8 April 1989