Recollections of My Career

Teuku Mohamad Daud

Bulletin of Indonesian Economic Studies, 1999, vol. 35, issue 3, 41-50

Abstract: Teuku Mohamad Daud, a pioneer Indonesian entrepreneur, was born in Perlak, Aceh, in 1920. Educated in Aceh and Jakarta, he joined the fledgling Indonesian National Army (TNI) at the proclamation of independence in 1945. Charged with procuring military equipment for the TNI Sumatra Command based at Bukittinggi, West Sumatra, Mr Daud was forced to finance the procurement by smuggling agricultural commodities, with the help of his uncle, Teuku Abdul Hamid Azwar. In 1947, at the suggestion of Vice President Hatta, Mr Daud and his uncle established Indonesia's first state-owned general trading company, the Central Trading Corporation (CTC, renamed PN Tri Bhakti in 1961, and later PN Panca Niaga), based in Bukittinggi. Mr Daud became a director of CTC while remaining on the TNI staff, and was later President Director until his resignation in 1966. He and several colleagues then established a group of private companies, engaged mainly in construction work. On 1 October 1996 and again in June 1997, Mr Daud talked with Howard Dick and Thee Kian Wie of the BIES Editorial Board about his experiences in running CTC, both during Indonesia's revolutionary struggle and in the early period of independence, and about his views on the role of government in commerce. References to current government policy relate to the Soeharto administration.

Date: 1999
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.tandfonline.com/doi/abs/10.1080/00074919912331337677 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:bindes:v:35:y:1999:i:3:p:41-50

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/CBIE20

DOI: 10.1080/00074919912331337677

Access Statistics for this article

Bulletin of Indonesian Economic Studies is currently edited by Firman Witoelar Kartaadipoetra, Arianto Patunru, Robert Sparrow, Sarah Xue Dong and Sean Muir

More articles in Bulletin of Indonesian Economic Studies from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().