Prudential close to buy AIG’s Asia

Monday, March 1st, 2010

British insurer Prudential PLC said Monday it was in advanced talks to buy the Asian operations of US insurer American International Group Inc. News reports say the deal could be worth around US$30 billion or more.

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Asian investors interested in buying former Bank Century

Saturday, November 28th, 2009

Firdaus Djaelani, chief executive of the Deposit Insurance Agency (LPS), said several investors from Asia were seriously considering to buy Bank Mutiara or former Bank Century. "Several of them have shown serious interest and have come three times to enquire about Bank Mutiara," he said at a press conference. LPS became Bank ...

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Trade ministry finds illegally imported cement

Tuesday, November 24th, 2009

The directorate of goods and services of the ministry of trade on Monday found 21,380 sacks of imported Chinese cement suspected not meeting Indonesian national standard. Goods and Services Control Director Inayat Iman suspected that three regulations had been violated by the owners of the cement which entered the country through ...

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