Doing More Damage - Law - magz.tempo.co

maaf email atau password anda salah

Contract Cancellation

Doing More Damage

Tuesday, May 25, 2004

A Medan court has annulled a contract signed between a local company and an English corporation. Will the verdict have a negative impact on foreign investment in Indonesia?

. tempo : 178036750063.

BRITAIN'S Ambassador to Indonesia, Richard Humfrey, is fast understanding the difficulties of doing business in Indonesia. Early in his posting, a commercial district court declared England-based insurance company, Prudential, bankrupt. Now, the Medan District Court has annulled a contract signed by PT Pangkatan Indonesia, a subsidiary company of England-based corporation, Rowe Evans.

Last Wednesday, Humfrey indicated that Indonesia's court

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 750.000/12 months

*Flexible payment methods
*Unlimited access to Tempo Plus & Tempo Magz

Subscribe

Rp 386.280/6 months

*Auto-renews every 6 months
*Cancel at anytime
*Unlimited access to Tempo Plus & Tempo Magz

Subscribe

See Other Packages

Already a Subscribed?
To receive daily news by Email,

More Articles

Weekly Business

Tempo English Tuesday, May 25, 2004
Weekly Business

Tempo English Tuesday, May 25, 2004
Weekly Business

Tempo English Tuesday, May 25, 2004
Weekly Business

Tempo English Tuesday, May 25, 2004

More exclusive contents

June 1, 2026
May 25, 2026
May 18, 2026
May 11, 2026

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.