Sampoerna awards 34 scholarships

Sampoerna awards 34 scholarships

JAKARTA: The Sampoerna Foundation has awarded scholarships to
34 Indonesian students to pursue their master's degrees in
business and management for the 2006 academic year.

The scholarships will enable the winners to study in
universities in the United States, United Kingdom, France,
Australia or at home.

"We believe that business and management expertise is vital
for the national economic recovery," Eddy P. Henry, the
foundation's director of programs and student relations, said.

U.S.-based Philip Morris took over the control of Sampoerna,
one of the country's leading cigarette producers, in a major
acquisition deal worth Rp 48 trillion (US$5.2 billion) last
month. -- JP