PRESS DIGEST-Indonesian Newspapers - March 4
Source: Reuters
Following are some leading stories in the main Indonesian newspapers on March 4. 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 - INDONESIA'S INDUSTRIAL OUTPUT EXPECTED TO FALL Indonesia's industrial output this year could start to fall following a decline in key raw material imports, deputy to the coordinating minister for economics Edy Putra said. - - - - JAKARTA GLOBE - SAUDI BINLADIN GROUP PUTS OFF INDONESIAN INVESTMENT Saudi Binladin Group has put off a plan to invest $4.3 billion in food and energy supplies in Indonesia due to the global financial slowdown, Agriculture Minister Anton Apriyantono said. - - - - KONTAN - INDONESIA'S CIMB NIAGA TARGETS 5 TRLN RPH SHARIA FINANCING Indonesia's sixth-largest bank, PT Bank CIMB Niaga Tbk <BNGA.JK>, plans to raise its sharia financing this year to 5 trillion rupiah ($417 million) from 1 trillion rupiah in 2008, president director Arwin Rasyid said. - - - - INVESTOR DAILY - INDONESIA'S BRI MULLS RAISING CAPITAL VIA BANK LOANS Indonesia's second-largest bank, PT Bank Rakyat Indonesia Tbk (BRI) <BBRI.JK>, is considering raising capital by borrowing money from other banks via bilateral or syndicated agreements amid difficulty raising outstanding shares in the market, president director Sofyan Basir said. - - - - BISNIS INDONESIA - GARUDA'S REVENUE INCREASES BY 38.1 PCT Indonesian carrier Garuda Indonesia has recorded a rise in revenue by 38.1 percent last year to 18.1 trillion rupiah ($1.51 billion), head director Emirsyah Satar said. - ICD EYES INVESTMENTS IN INDONESIA The Islamic Corporation for the Development of the Private Sector (ICD), a unit of the Islamic Development Bank, is targeting investing in Indonesia, especially in finance, manufacturing and infrastructure, chief executive Khaled M Al Aboodi said. - INDONESIA'S BAKRIELAND EXPECTS REVENUE TO TOP 1 TRLN RPH Indonesian property company, PT Bakrieland Development Tbk <ELTY.JK>, said its revenue last year may have topped 1 trillion rupiah ($83.40 million) after strong demand for property in the first nine months of 2008, finance director Ferdinand Sadeli said. KOMPAS - "JAKARTA DECLARATION" FOR WORLD ISLAMIC ECONOMIC FORUM The 5th World Islamic Economic Forum (WIEF) announced the "Jakarta Declaration", which comprises of seven recommendations including Indonesia's proposals on the establishment of a Muslim fund for the least developed Muslim countries, vice chairman of WIEF managing committee Irman Gusman said. - DENGUE FEVER KILLS 13 IN JAKARTA Jakarta's municipal government said a dengue fever epidemic had killed 13 and hospitalised 5,396 people since January. - - - - ($1 = 11,990 rupiah)
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