CIC appears poised to benefit from Indonesia recovery

Article Abstract:

Bank Century Intervest Corp (CIC) is set to benefit from the turnaround of the Indonesian economy. The bank, one of only six banks that did not require any restructuring after the Asian financial crisis because of a capital-adequacy ratio of above 6%, has outperformed such big financial institutions as Bank Panin and Bank Bali. CIC's impressive performance has even captured the attention of George Soros' Quantum Emerging Growth fund, which has acquired a 19%-stake in the bank.

Commercial Banks, Commercial Banking, Banking industry, Economic policy, Financial institutions, Bank Century Intervest Corp.

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Lautan Luas holds promise amid Indonesia's travails: specialty-chemical distributor seems robust, despite a moribund manufacturing economy

Article Abstract:

PT Lautan Luas, a specialty-chemical distributor in Indonesia remains successful despite the economic recession in the country. the company's success is attributed to good timing and luck. Also, Lautan Luas has managed to gain customers which have been locked into buying products that are solely supplied by Lautan Luas. This allows the company to have no restrictions regarding raising prices, without getting too much complaints from customers.

Basic Chemical Manufacturing, CHEMICALS AND ALLIED PRODUCTS, Specialty Chemicals, Chemical industry, PT Lautan Luas

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Small but potent: Mustika Ratu mixes winning formula. (Indonesia's cosmestics manufacturer)

Article Abstract:

Indonesia' s cosmetics maker Mustika Ratu continues to show strong performance in the market. Mustika reports $2.5 million profit for 1999, and expects 42% growth this year.

Market information - general, Toilet Preparation Manufacturing, Toilet preparations, Toiletries & Cosmetics NEC, Toiletries, Cosmetics industry, Mustika Ratu

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