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PRESS DIGEST-Indonesian Newspapers - Jan 15
15 Jan 2009 02:33:11 GMT
Source: Reuters
Following are some leading stories in the main Indonesian newspapers on Jan 15.

Reuters has not verified these stories and does not vouch for their accuracy. Telephone: Editorial: +62-21-384-6364. Fax: +62-21-344-8404 or Help Desk: +803-061-2124 (toll free).

- - - -

JAKARTA POST

- PLN TO ISSUE NEW BONDS

Indonesia's state power firm PT Perusahaan Listrik Negara (PLN) plans to issue 10 trillion rupiah ($902.9 million) in bonds this year following high demand from investors to help finance its operations and power plant construction.

- JAKARTA RESIDENTS MOVE TO SHELTERS

Heavy rain in the past two days has caused rivers in Jakarta to overflow and inundated hundreds of homes, forcing at least 814 residents to evacuate to temporary shelters, mostly in south and east Jakarta.

- GOVERNMENT DAMAGES MAJAPAHIT ARTIFACTS

The government will relocate a park after its construction had damaged ancient artifacts from the Majapahit Kingdom in Trowulan, East Java, said Tourism Minister Jero Wacik.

- - - -

BISNIS INDONESIA

- SANYO TARGETS 2 TRLN RPH SALES

Japanese electronic company, Sanyo Electric Group (Sanyo), is targeting 2 trillion rupiah ($180.6 million) of sales in Indonesia in 2010 by focusing on the domestic market, environmentally friendly products and energy conservation.

- GOVERNMENT TO CUT STIMULUS TO 27.5 TRLN RPH

The government will cut a fiscal stimulus package to 27.5 trillion rupiah ($2.48 billion), while the remaining budget will be used to cover the 2009 budget deficit forecast at 2.5 percent, Finance Minister Sri Mulyani Indrawati said.

- - - -

INVESTOR DAILY

- INDONESIA'S BANK DKI TO ISSUE 1 TRLN RPH BONDS

State-owned PT Bank DKI intends to issue 1 trillion rupiah ($90.29 million) in bonds on June 2009 to raise assets, head director Winny E Hasan said.

- PUBLIC TRANSPORTATION TARIFFS DOWN BY 7.46 PCT

Due to gradual fuel price cuts, public transportation tariffs will be cut by 7.46 percent, less than a previous estimate of 10 percent, director general at the transport ministry's land transportation board Suroyo Alimoeso said.

- - - - ($1 = 11,075 rupiah) ((Jakarta newsroom +6221 384-6364; Fax +6221 344-8404, jakarta.newsroom@reuters.com))


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A boy clings to a pole while high tides strike a fish market in Jakarta January 14, 2009. Flooding caused by unusually high tides were still happening in some part of ...



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Last updated:Thu Jan 15 02:35:00 2009