Bogasari, a joint venture with another Hokchia businessman became the largest producer of flour in Indonesia. In 1968, after a merger, he gained the right to a monopoly on clove importation. The bank was nationalized following the Asian financial crisis. He later expanded into textiles and banking, eventually establishing the largest private bank in Indonesia-the Bank Central Asia (BCA). His soap factory became one of the primary suppliers to the Indonesian National Armed Forces. In 1952, after moving to Jakarta, Salim expanded his trading business by establishing connections with other ethnic Chinese businessmen in Singapore and Hong Kong. As soldiers seized Dutch businesses following independence, his business absorbed many of their assets and gained a monopoly in the clove market, but he denied working with Suharto in expanding his ventures. Salim denied allegations that he also provided arms to Indonesian soldiers to resist Dutch forces. While in Medan, he supplied soldiers of the Indonesian National Revolution with medical supplies and came into contact with Suharto, an officer of the army. Salim diversified their peanut oil trading business into the clove market, which was growing rapidly from demand for production. In 1936, he left Fujian to join his brother Lim Ke Lok and brother-in-law Zheng Xusheng in Medan, North Sumatra. According to the Chinese zodiac, he was born in the Year of the Dragon, on the seventh day of the seventh month. In 1916, Salim was born as Lim Sioe Liong (Lin Shaoliang), in Fuqing, Fujian, China, the second son of a father.
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