Reuters opens second office in Indonesia

Thursday, December 07, 2006
The Jakarta Post, Jakarta

Reuters Group Plc. has opened a second office in Indonesia to provide training to clients on how to use its news and information programs, and to display the full range of Reuters business products that are available here.

"The opening of the office reflects the growing demands from our clients in line with the dramatic development of the Indonesian financial markets over the last few years," Reuters business manager Tony Wong said Wednesday.

Jerry Norton, Indonesian bureau chief said that apart from general services provided by the company's main office in the Wisma Antara building in Central Jakarta, the new office would specifically service clients from the financial sector.

"It's not designed to be a general office, but is more for the purpose of training and displaying our products," he said.

Established in 1851, Reuters is the biggest multimedia company in the world with 196 bureaus in 130 countries. It provides more than 30,000 news reports in 19 languages every day, which are used by currency markets, business professionals and individuals around the globe.

The Reuters office in Indonesia was established in 1920 and continues to grow rapidly, widening the range of its business products and expanding its global reporting network for media, financial markets and the private sector.

The real-time data covers stocks, bonds and derivatives from 300 stock exchanges. It also provides historical information about more than 35,000 companies. (02)