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Step 1
Place beef and water in a pot and bring to a boil. Reduce heat and simmer until the meat is tender, about 1 hour. Remove the beef and cut into 1 inch cubes. Reserve the beef stock.
Step 2
Heat the oil and sauté spice paste, asam kandis, lemongrass, cardamom, star anise, and cinnamon stick until fragrant, about 3 minutes.
Step 3
Pour the reserved beef stock into the pot and bring to a boil.
Step 4
Pour the coconut milk and bring to a boil.
Step 5
Return the beef into the pot, reduce heat and simmer until the liquid is slightly reduced and thickened and, about 30 minutes to 1 hour. Turn off heat and serve immediately with steamed white rice.