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A brief summary of the event.
The reason this deal came about was because Temasek Holdings (the Singapore Government’s investment arm that owns and manages its direct investments, both locally and overseas) had to divest its stake in one of the two Indonesian Banks it owns. This was to comply with a new ruling from ‘The Central Bank of Republic of Indonesia’. Although Temasek had until the end of 2010 to comply with Indonesia's new policy on bank ownership, it decided to sell its 42% stake in Indonesia’s sixth-biggest lender, Bank Internasional Indonesia (BII) which was valued at more than USD$800 million...
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Common topics in this essay:
- News critique
- Good News/ Bad News Business Letters
- ‘The News does not just happen-it involves planning and construction’. Using media theories covered in this unit, current news examples and the text Wag the Dog, explain whether you agree or disagree with this statement and why.
- Determining if Fox News Reports on the News are Biased or Not?
- E News
- TV News
- TV News
- The News
- bad news
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