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Today's Headlines BLTZ

  • Remarkable News Indonesia: CGV Movie Theater Seats Promote Adultery

    Remarkable News Indonesia: CGV Movie Theater Seats Promote Adultery

    Indonesia's third-largest cinema operator CGV Cinemas, owned by publicly listed Graha Layar Prima, needs to replace the comfortable (bed-like) seats in the velvet class of its Palembang movie theater (in the capital of Indonesia's South Sumatra province) because local authorities decided (after receiving complaints from local citizens) that the bed-like seats may encourage adultery and sexual misconduct.

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  • Smooth Indonesian Elections Cause Conducive Investment Climate for IPOs

    The Indonesia Stock Exchange (IDX) is optimistic that its target of a total of 30 new initial public offerings (IPOs) in 2014 will be achieved as the 2014 elections are expected to bring positive market sentiments. Companies and investors are confident that a stronger and more balanced government will be inaugurated in October 2014; one that will foster higher economic growth. Moreover, previous election years have always shown that Indonesia's stock market gets a positive boost amid these elections.

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