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Weekly Business

Wednesday, April 21, 2010

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INSURANCE
Bakrie Life Delays Payments

PT Bakrie Life, better known as PT Asuransi Bakrie, has still not yet paid compensation to its policyholders. Managing Director of Bakrie, Timoer Susanto, stated that the flow of funds from PT Bakrie Capital Indonesia, the owner of this company, was still wedged up. "We are still waiting for funds from shareholders," he said in Jakarta last week.

The management of Bakrie Life promised that it would pay 6.25 percen

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Tempo English Wednesday, April 21, 2010
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