Indonesia Market factors to watch Oct 2

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)