Italian companies visit RI

Italian companies visit RI

JAKARTA: Twelve marble and granite machinery producers from
Italy are in Indonesia until Friday to explore business
opportunities.

The Italian Embassy in Jakarta said in a press statement that
Indonesia had great potential for the marble and granite
industry, and the Italian firms hoped to provide technology to
local companies to develop this potential.

"The type and color of the (marble and granite) raw materials
(in Indonesia) ... are much in demand by the international
market," the statement said.

The visit is being organized by the Italian Trade Commission
in Jakarta, in cooperation with the International Marble
Institute (IS.I.M) and the Italian Association of Marble and
Equipment Producers.

IS.I.M president Paolo Marone will give a presentation during
a seminar on Thursday at the Mid Plaza building in Jakarta,
titled Italian Technological Development in Machinery and
Installations for Extracting and Processing Stone Materials.
--JP

Syariah Mandiri issues bonds

JAKARTA: PT Bank Syariah Mandiri will issue five-year bonds
with a total value of Rp 200 billion to strengthen its capital.

The bond issue will be underwritten by PT AAA Securities and
PT Mandiri Sekuritas, according to a press statement.

The bonds' coupon rate is projected at between 12.875 percent
and 13.375 percent, Bank Syariah Mandiri president director
Nurdin Hasibuan said, adding that the coupon yields would be paid
quarterly.

The bank is a unit of the country's largest bank, Bank
Mandiri. -- JP