Indonesian Political, Business & Finance News

Archive: 28 March 1996

Showing 51-53 of 53 articles

Big S'pore bank to launch Asia Infrastructure Fund

Big S'pore bank to launch Asia Infrastructure Fund SINGAPORE (AFP): One of Singapore's biggest banking groups has set up a fund that will invest in Asian companies involved in the region's burgeoning infrastructure business, company officials said. The Savers Asia Infrastructure Fund is to be launched today by OCBC Asset Management Ltd., a wholly-owned subsidiary of the Oversea-Chinese Banking Corp., one of the city-state's "big four" banks.

Poll watchdog activists arrested in Lampung

Poll watchdog activists arrested in Lampung JAKARTA (JP): Two activists of the independent election watchdog in Lampung were arrested yesterday, despite some government officials giving the organization a cautious welcome. The Indonesian Legal Aid Foundation protested on Tuesday the arrest of Bambang Ekalaya and Sahzan Sarif who were in the process of declaring the creation of the Lampung branch of the Independent Election Monitoring Committee.

School buses

School buses From Bisnis Indonesia Public transportation is still insufficient for the needs of the public. Students, in particular, have difficulty getting transportation to school. For example, if I want to go to Slipi I have to wait for hours for the Bianglala 79 bus. And if one comes it is more often than not already crowded with commuters. It is also often frustrating that some bus drivers do not want to take on students, which makes the waiting time much longer.