Morgan Stanley to expand to Indonesia

The Kompas Daily-October 28, 2008 The US investment company, Morgan Stanley plans to open new operation in Indonesia which is named PT Morgan Stanley Asia Indonesia (MSAI) in November 2008. Inghie Kwik, president director of MSAI, stated that the company had obtained the license from Supervisory Agency for Stock Exchange and Financial Institution (Bapepam-LK) to operate and open new office in Indonesia.