Indonesian Political, Business & Finance News

Archive: 26 September 2001

Showing 101-102 of 102 articles

Rimo plans more retail outlets

Rimo plans more retail outlets JAKARTA (JP): Local department store chain PT Rimo Catur Lestari will open new fashion outlets in Bandung, Surakarta, Surabaya and Denpasar next month as part of its expansion plans. The company's president George M. Harjani said on Tuesday that the new outlets would carry the company's new Funky, Cool and Chick brand names.

Govt says Semen Padang spin off plan unviable

Govt says Semen Padang spin off plan unviable BERNI K. MUSTAFA The Jakarta Post Jakarta Spinning off PT Semen Padang from the Semen Gresik Group was an unviable option, the government said on Tuesday, citing it as costly and detrimental to privatization plans. The Ministry of State Enterprises' director of state enterprises restructuring and privatization, Parkesit Soeprapto, urged legislators and regions backing the spin off plan to reconsider their stance.