Fri, 02:06 14 Nov 2008 GMT17

 

PRESS DIGEST-Indonesian newspapers - Oct 8
08 Oct 2008 02:55:57 GMT
Source: Reuters
Following are some leading stories in the main Indonesian newspapers on Oct. 8.

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).

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JAKARTA POST

- CRISIS MAY AFFECT INDONESIA'S SMALLER ENERGY PROJECTS

The global credit crisis may affect small- and medium-sized oil and gas projects in Indonesia, the country's energy regulator, BPMIGAS, said.

- FOOTWEAR INDUSTRY TO INVEST $172 MLN, CREATING JOBS

Up to 25 footwear manufactures, both domestic and foreign, plan to invest up to $171.6 million this year in building new plants and expanding existing ones, industry ministry said.

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INVESTOR DAILY

President Susilo Bambang Yudhoyono has set up a special team, including ministers, bankers and business leaders, to draft programmes to deal with the impact of the global economic crisis, chairman of the Indonesian Chamber of Commerce and Trade (KADIN), Mohamad Hidayat, said.

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BISNIS INDONESIA

The Indonesian government may revise down economic growth forecasts for 2009 to 6.0 percent from 6.3 percent to reflect the impact of the U.S. economic crisis, Planning Minister Paskah Suzetta said.

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Indonesian coal miner PT Indika Energy Tbk <INDY.JK> is to complete the acquisition of coal producer PT BHP Kendilo Coal Indonesia for $20 million this month, a company official said.

- - - - ($1 = 9,585 rupiah)
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Indonesian President Susilo Bambang Yudhoyono, accompanied by Germany's Parliamentary State Secretary Thomas Rachel (2nd R), examines a model of a new high-tech tsunami warning system at the meteorology and geophysics bureau ...



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