Indonesian Political, Business & Finance News

Archive: 22 August 2011

2 articles found

Amid Global Woe, Local Investors Seize Golden Opportunity

By: Shirley Christie & Dion BisaraAt the Toko Mas Mulia jewelry store along Jalan Cikini in Central Jakarta, customers glance at owner Kurniawan’s collection of rare 22- and 24-carat gold coins, but their eyes settle on his gold bars.

Several investors interested in Bank Mutiara: LPS

Jakarta (ANTARA News) - Several investors have submitted a letter of intent (LoI) to acquire Bank Mutiara, the Deposit Insurance Agency (LPS) said."Three investors have submitted letters of intent to acquire PT Bank Mutiara, which is now in the process of being sold.