Heat the olive oil in a large skillet or Dutch oven over medium heat. Sauté the onions, garlic, ginger, turmeric, and chili powder until fragrant, about 5 minutes.
Add the beef and sear on all sides until browned.
Stir in the ground coriander, tamarind paste, lemongrass, cinnamon stick, and cloves. Cook for another minute to allow the spices to bloom.
Pour in the coconut milk, then season with salt and sugar. Bring to a simmer, then reduce the heat to low, cover, and cook for 2-3 hours, stirring occasionally, until the beef is incredibly tender and the sauce has thickened and reduced.
Serve hot over steamed rice, garnished with fresh cilantro, if desired.
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