Indonesian Political, Business & Finance News

Helping RI students and the community

Helping RI students and the community

One of major worries for parents now is the continuation of their children's education. This is true for parents who have, or wish to send, their children overseas as well as for parents who are educating their children in-country.

For Indonesian students studying in the U.S., news of America's Immigration and Naturalization Service lifting temporarily certain employment restrictions for F-1 student visa holders means a lesser financial burden for their parents.

Also providing assistance to students studying overseas are some local companies, including GE. The GE Fund recently approved a US$25,000 grant to the U.S.-ASEAN Business Council's ASEAN Students Assistance Awards Program. This program will provide scholarship support to Indonesian university students studying in the U.S. It will support up to 100 students.

In community activities, the fund has played an important role in the company's partnership with Indonesian. The fund has provided support to, among others, the Coordinating Team for Education and Training; Reaching Street Children in Urban Environments; health management teams in 900 villages throughout the country; has donated $25,000 to CARE in support of the prevention and treatment of respiratory diseases in East Flores; and has donated $40,000 to SOS Desa Taruna to support a two-year program to train women who lead SOS Families in Jakarta, Bali, Semarang, Flores and Lembang for children who have been orphaned, abandoned, or who are in need of care.

President of GE Indonesia Stuart L. Dean said: "Corporate citizenship is an important part of the GE tradition and we are proud to take a lead role in community initiatives that support Indonesia."

GE established its permanent office here in 1979 and has steadily increased its business commitment to the country's economy, human resources and technology and industrial development. It works together with both the government and private sector to develop businesses in industrial and financial sectors as well as train Indonesians through technology transfer and management best practices. It is one of the largest and most diversified investors in the country, with a realized investment over the past six years exceeding $300 million.

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