JAKARTA, Oct 2 (Reuters) - Afterward is a account of contest in
Indonesia as able-bodied as account belief and columnist letters which may
influence cyberbanking markets.
(Reuters welcomes your acknowledgment and for any queries please
contact Sara Webb in Jakarta beat on +6221 384 6364 or via
email at sara.webb@thomsonreuters.com or on Reuters messaging
sara.webb.reuters.com@reuters.net)
WHAT IS HAPPENING IN INDONESIA, ALL TIMES LOCAL FOLLOWED BY
GMT
(The admittance of account items does not necessarily mean
that Reuters will awning the event)
- A chief official at economics admiral to authority a
briefing on aliment situation.
PRESS DIGEST
- DEADLY QUAKE IN PADANG MAY HIT ECONOMY-MINISTER
Finance Minister Sri Mulyani Indrawati said the appulse of a
7.6 consequence convulse on Padang, West Sumatra may hit the economy
as the breadth is a above ambassador of approach oil. (Kontan)
- MARINE PATROL MAY SHOOT AND SINK BOATS ILLEGALLY FISHING
The assembly has anesthetized a fresh law, which allows marine
patrol boats to shoot at argosy illegally fishing in the
country's amnion to advice avert any approaching poaching, said Aji
Sularso, administrator accepted of surveillance at the fishery
ministry, abacus that they will draw up accepted procedures for
the operation. (Jakarta Post)
- JAMSOSTEK TO FORM INVESTMENT FIRM WITH IDB
Indonesia's better alimony fund, PT Jamsostek, affairs to
create a collective adventure with the Islamic Corporation for the
Development of Private Sector (ICD) -- the advance arm of
the Islamic Development Coffer (IDB) -- with Jamsostek captivation a
51 percent pale in the fresh advance firm, while ICD will
hold 49 percent, said advance administrator Elvyn G. Massasya.
(Jakarta Post, Bisnis Indonesia)
- KLM TO RESUME DEAL WITH GARUDA
KLM Royal Dutch Airlines affairs to resume its inter airline
agreement with Garuda Indonesia afterwards the closing was accustomed to
fly in European airspace, said Axel Colen, the Air France KLM
country administrator for Indonesia. (Jakarta Post)
- BCA FINANCE TO ISSUE BONDS IN Q1 2010
Financing close BCA Finance affairs to affair 400 billion
rupiah ($41.58 million) account of bonds in the aboriginal division of
2010 and has appointed PT Kresna Graha Sekurindo Tbk, PT OSK
Nusadana Securities and PT DBS Securities Indonesia as
underwriters, said admiral administrator Roni Haslim. (Bisnis
Indonesia)
- INDONESIA TO RESTRICT FOREIGN INVESTMENT IN FOOD SECTOR
The government is advancing a adjustment which will put
some restrictions on adopted advance in the aliment industry,
including on the breadth of the investment, and the joint
ownership with bounded firms, administrator accepted for aliment crops
Sutarto Ali Moeso said. (Kontan)
- INDONESIA'S TIMAH SEES GLOBAL DEMAND FOR TIN UP 6.7 PCT
NEXT YEAR
Accompaniment miner PT Timah Tbk (TINS.JK) expects all-around demand
for tin to acceleration by 6.7 percent to 320,000 tonnes on a recovery
in the all-around economy, admiral administrator Wachid Usman said.
(Kontan) - INDO TAMBANGRAYA TO PAY INTERIM DIVIDEND OF 678
RPH/SHARE
Indonesian atramentous miner PT Indo Tambangraya Megah Tbk
(ITMG.JK) affairs to administer acting assets of $79 million,
or 49.8 percent of its net profit, in the aboriginal half,
equivalent to 678 rupiah per share, accumulated secretary Roslini
Onwardi said.(Kontan)
- INDONESIA EXTENDS OFFER PERIOD On 17 OIL AND GAS BLOCKS
SALE
Indonesia has abiding the alms aeon for the tender
of 17 oil and gas blocks to November 12, from October 13, said
Edy Hermantoro, administrator for upstream oil and gas affirs at the
energy ministry. (Kontan)
- PARLIAMENT ALLOWS FUEL PRICES HIKE NEXT YEAR
The government has been accustomed approval to accession ammunition prices
next year, provided that the boilerplate Indonesian awkward oil price
climbs to $71.5 per butt from $65 per butt in the 2010
state budget, Finance Minister Sri Mulyani Indrawati said.
(Kompas)
MARKET SNAPSHOTS
* Indonesia's basis .JKSE concluded up 0.42 percent on
Thursday, with Coffer Axial Asia (BBCA.JK) up 4.3 percent, Bank
Rakyat (BBRI.JK) up 2 percent and activity charlatan Medco Energi
Internasional (MEDC.JK) up 6 percent afterward its plan to
develop its additional geothermal activity this year. [.SO]
* The Dow and S&P 500 suffered their affliction one-day avalanche in
three months on Thursday afterwards bread-and-butter letters fueled fears
about the recovery's strength. [.N]
* Oil prices rose hardly on Thursday as the West's
negotiations with Iran about the OPEC member's nuclear
programme sparked affair that outweighed appeal worries
prompted by blah U.S. bread-and-butter data. [O/R]
* For all-around bazaar news, bang on [MKTS/GLOB]
* Malaysian awkward approach oil futures inched up 0.5 percent on
Wednesday as a jump in awkward prices the antecedent day aerial the
market in ablaze trade. [POI/]
* In Indonesia, the accompaniment business centre based in Jakarta
sold 3,500 tonnes of approach oil at a top amount of 6,631 rupiah
per kg, adjoin 6,605 rupiah on Wednesday. [OILS/TEND]
* To see the top account on Indonesia's abridgement bang on
[ID:nIDECONOMY]. For a booty a attending on the axial coffer bang on
[ID:nIDCENBANK] and for band bazaar bang on [ID:nIDBOND].
----------------------MARKET SNAPSHOT @ 2313 GMT ------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1,029.85 -2.58% -27.230
USD/JPY JPY= 89.54 -0.03% -0.030
10-YR US TSY YLD US10YT=RR 3.181 -- 0.000
SPOT GOLD XAU= $1,001.00 0.25% 2.500 US
CRUDE CLc1 $70.43 -0.55% -0.390 DOW
JONES .DJI 9509.28 -2.09% -203.00 ASIA
ADRS .BKAS 118.08 -3.19% -3.89
-------------------------------------------------------------
IN THE NEWS, REUTERS INDONESIA (Click on [ID-RTRS]) >Thousands
feared asleep afterwards Indonesia convulse [ID:nLU351500]
>Indonesia Pupuk Kaltim affairs bonds, sukuk in Q4
[ID:nJAK359465] >Indonesia cbank apparent befitting ante banausic
[ID:nJAK359228] >Indonesia's Semen Gresik assemblage shut after
quake [ID:nJAK358522] >Indonesia's Medco affairs second
geothermal project[ID:nJAK358522] >No bids for 26,000 T of
seized Indonesian coffee [ID:nSP339728] >Impact on convulse on
Sumatra's commodities&energy [ID:nJAK342714] >Indonesia Sept
inflation at 2.83 pct y/y [ID:nJKB001387] >About 50,000
T elastic addition delayed by convulse [ID:nJAK74479] >Indonesia
crude oil achievement rose in September [ID:nJAK77168]
>SCENARIOS-Will Indonesia cbank arresting rate
hikes?[ID:nJAK453986]
ASIA MARKETS NEWS - For an angle of Asian banal trading,
click on [STXNEWS/AS] - Romania's leu confused one percent on
Thursday to a one-week low as the cardinal affiliation government
collapsed while in South Africa the rand fell 2.6 percent after
a multi-billion dollar telecoms alliance failed. [EMRG/FRX] -
Southeast Asian banal markets concluded alloyed on Thursday with
Thailand outperforming on affairs in cyberbanking shares while big
capitalised companies such as Ayala Land, Axiata Group and
Medco Energi led the way elsewhere. [.SO]
($1 = 9,620 rupiah)
(Reporting by Jakarta Newsroom)