Asuransi Astra, Amway tie up

JAKARTA (JP): PT Asuransi Astra Buana, a subsidiary of Astra International, and PT Amindoway Jaya, the sole distributor of Amway products in Indonesia, have formed a strategic alliance to expand their networks and services, the companies announced on Monday.

Amindoway President Frank D. Reuneker said the initial program of the alliance was to provide an insurance service at specially discounted rates for Amway distributors in the country.

He said the two companies would continue to explore new strategies, alliances and programs to enhance mutual opportunities.

Amway, one of the world's largest direct selling companies, markets over 200 products through its independent distributors in Indonesia. (das)