Company in Indonesia

  • General Electric Indonesia plans to open a learning center

    INDONESIA, 2013/07/17 General Electric Indonesia plans to open a learning center to allow its corporate customers, primarily national-owned companies, to get the benefit of the GE experience that made its parent company one of the major and best-run companies in the world. The center will run programs to provide technical and leadership classes, GE Indonesia CEO Handry Satriago said on Monday. "We are the mecca for practical management. In the business world, people are dying to get the opportunity to learn from this," he said. 
  • Indian automotive manufacturer Tata Motors

    INDIA, 2013/07/03 Indian automotive manufacturer Tata Motors will launch six vehicle models to the Indonesian market starting in September. “The six models will be commercial and passenger vehicles. Other models will be introduced in the next phase,” Tata Motors Indonesia CEO Biswadev Sengupta said as quoted by Antara.
  • BCA acquired life insurance company PT

    INDONESIA, 2013/07/03 The major private lender by assets, Bank Central Asia (BCA), has placed a stronger footprint in the non banking business next integrating a general insurance company under its corporation. BCA said on Tuesday that it had acquired a 75 % stake in life insurance company PT Central Sejahtera Insurance from its affiliated pension fund, Dana Pensiun BCA. According to an announcement made public on Tuesday, BCA and the pension fund agreed late last week the bank’s purchasing of a 75 % stake in Central Sejahtera Insurance for Rp 102 billion (around US$10.3 million).
  • Lamborghini’s Jakarta Sales Keep Climbing

    INDONESIA, 2013/03/24 At the same time as someone says “Lamborghini,” one instantly visualizes a supercar racing around the blank highways and mountain roads of Italy. But can a car that was made for that do well in the molasses of Indonesia? Would it do anything but creep along on Jakarta’s roads?
  • Bank Negara Indonesia, the fourth major bank by investment

    INDONESIA, 2013/03/03 Bank Negara Indonesia, the fourth major bank by investment , posted a additional-than-20 % increase in profit last year, supported by strong increase in infrastructure loans. Net gain at the lender rose 21 % to Rp 7.1 trillion ($734 million), the company said in a statement on Friday.
  • The Indonesian construction company PT Waskita Karya

    INDONESIA, 2013/01/12 The Indonesian construction company PT Waskita Karya plans in the second quarter to begin three public works projects in East Timor together worth 500 billion rupiahs (US$51.82 million), the company’s president recently indicated in Jakarta. Mohammad Choliq specified that the three projects involve a 20 km long road, a steel-structure bridge and a 15 km electric power line, the Jakarta Post newspaper reported.