Category Archives: Stocks

SBY to open Indonesia’s largest private-owned cancer hospital

President Susilo Bambang Yudhoyono is scheduled to officiate a new cancer treatment facility, touted to be Indonesia’s largest private-owned cancer hospital, in Jakarta on Thursday morning.
The construction of the Mochtar Riady Comprehensive Cancer Center (MRCCC) Siloam Hospital, cost US$138.8 million, tribunnews.com reported Thursday.
Located in the Semanggi area in Central Jakarta, the hospital will be one of the largest cancer hospitals in Asia.
The 30-story facility has 375 beds, digital imaging information systems, laboratories, pharmacies and information technology services

SBY to open Indonesia’s largest private-owned cancer hospital

President Susilo Bambang Yudhoyono is scheduled to officiate a new cancer treatment facility, touted to be Indonesia’s largest private-owned cancer hospital, in Jakarta on Thursday morning.
The construction of the Mochtar Riady Comprehensive Cancer Center (MRCCC) Siloam Hospital, cost US$138.8 million, tribunnews.com reported Thursday.
Located in the Semanggi area in Central Jakarta, the hospital will be one of the largest cancer hospitals in Asia.
The 30-story facility has 375 beds, digital imaging information systems, laboratories, pharmacies and information technology services

Top 10 Indonesian Insurance Companies Recognized

Ten insurance companies were named on Wednesday the country’s best in their sectors by Investor Magazine, after an assessment of 14 performance criteria.

“We decided which insurance companies were the best based on data from published financial reports,” Herris Simandjuntak, the chairman of the jury, said when the awards were presented at the Four Seasons Hotel in Jakarta.

Five companies — Prudential Life Assurance, Axa Mandiri Financial Services, Indolife Pensiontama, Commonwealth Life and Asuransi Jiwa Adisarana Wanaartha — were named the best in the life insurance category.

Of the general insurance companies that were rated, the jury deemed Asuransi Adira Dinamika, Asuransi Jaya Proteksi, Asuransi Indrapura and Asuransi Harta Aman Pratama the best.

Maskapai Reasuransi Indonesia topped the re-insurance category.

Australia lifts cattle ban to Indonesia

Australia has lifted a suspension on live-cattle exports to Indonesia, put in place over concerns about cruelty.

Agriculture Minister Joe Ludwig said he was satisfied that the animals would not be mistreated.

Australia suspended the trade a month ago when a TV documentary showed steers being whipped, beaten and slashed repeatedly in Indonesian abattoirs.

Indonesia is Australia’s largest live-cattle market, with exports worth more than AU$300m (£200m; $320m) a year.