Indonesia-Market factors to watch Sept 17

JAKARTA, Sept 17 (Reuters) - Following is a list of events
in Indonesia, as well as news stories and press reports which
may influence financial markets.

(Reuters News welcomes your feedback and for any queries
please contact Sara Webb in Jakarta editorial 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, LOCAL TIMES FOLLOWED BY GMT

(The inclusion of diary items does not necessarily mean
that Reuters will cover the event)

- Malaysian foreign minister to meet Indonesian counterpart
0930 (0230)

- President Susilo Bambang Yudhoyono to hold fast-breaking
with journalists 1700 (1000)

PRESS DIGEST

- INDONESIA PLANS TO SET UP A SPECIAL BANK FOR FARMERS

Indonesia is planning to set up a special bank to help
farmers, including providing low cost working capital,
Agriculture Minister Anton Apriyantono said. (Kontan, Jakarta
Post)

- INDIKA ENERGY SECURES 80 PCT COAL SALES TARGET IN 2009

Indonesian coal miner, PT Indika Energy Tbk (INDY.JK), has
agreed sales contracts of 19.2 million tonnes of coal, or about
80 percent of its target this year, investor relations official
Retina Rosabai said. (Kontan)

- INVESTMENT TO GROW 4 PCT IN Q3

Investment in Indonesia is expected to grow by 4 percent in
the third quarter to help accelerate economic recovery and
spur
growth, Finance Minister Sri Mulyani Indrawati said. (Bisnis
Indonesia)

- SEMEN GRESIK TO KICK OFF EXPANSION OF 2 PLANTS

Indonesia's biggest cement producer, PT Semen Gresik Tbk
(SMGR.JK), is set to start the $700 million expansion of its
two plants in East Java and South Sulawesi to meet rising
demand, said president director Dwi Soetjipto. (Jakarta Globe)

- GOVERNMENT TO REVIEW ACEH'S NEW SHARIA BILL BYLAW

The government will ask the Supreme Court to review Aceh's
new Islamic criminal code passed by its local parliament this
week, particularly on the stoning to death for those who commit
adultery, home affairs minister Mardiyanto said. (Jakarta Post)

- GOVERNMENT WITHDRAWS DRAFT SECRECY BILL FROM PARLIAMENT

Discussions on a controversial secrecy bill have been
halted after the government withdrew the draft for further
consideration, Defence Minister Juwono Sudarsono told a
parliamentary committee in charge of the bill. (Jakarta Post)

MARKET SNAPSHOTS

* Indonesia's index .JKSE gained 0.8 percent on
Wednesday, to a near 16-month high, with state miner PT Aneka
Tambang Tbk (ANTM.JK) up 5 percent and energy firm PT Medco
Internasional Tbk (MEDC.JK) climbing 4.35 percent.[.JKSE]

* U.S. stocks rose for a third day on Wednesday, hitting
fresh 2009 highs in a broad-based rally following economic data
that suggested a stronger-than-anticipated global recovery.
[.N]

* Oil prices broke above $72 a barrel on Wednesday after a
U.S. government report showed a bigger-than-expected decline in
crude inventories. [O/R]

* For global market news, click on [MKTS/GLOB]

* Malaysian crude palm oil futures jumped 4.4 percent on
Wednesday, their biggest one-day rise in more than six weeks,
as investors covered short positions ahead of a long holiday
weekend, traders said. [POI/]

* In Indonesia, the state marketing centre based in Jakarta
did not sell any of the 12,400 tonnes of crude palm oil (CPO)
offered at auction on Wednesday. [OILS/TEND]

* To see the top news on Indonesia's economy click on
[ID:nIDECONOMY]. For a take a look on the central bank click on
[ID:nIDCENBANK] and for bond market click on [ID:nIDBOND].
--------------------- MARKET SNAPSHOT @ 2320 GMT -------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1,068.76 1.53% 16.130
USD/JPY JPY= 90.96 0.09% 0.080
10-YR US TSY YLDUS10YT=RR 3.475 -- 0.000
SPOT GOLD XAU= $1,016.30 -0.04% -0.400
US CRUDE CLc1 $72.37 -0.19% -0.140
DOW JONES .DJI 9791.71 1.12% 108.30
ASIA ADRS .BKAS 125.57 1.97% 2.42
--------------------------------------------------------------
IN THE NEWS REUTERS INDONESIA (Click on [ID-RTRS]) >Indonesia
police raid Java house, 3 dead -TV [ID;nSP466512]
>Indonesia passes law on VAT, luxury sales tax
[ID:nJAK63460] >FACTBOX-Five facts on Indonesia revised tax law
[ID:nJAK448864] >Indonesian president says graft fight top
priority[ID:nLF148646] >Fresh shooting near Freeport mine in
Papua [ID:nJAK174835] >Indonesia refiners to import extra
raw sugar [ID:nJAK534606] >Moody's ups Indonesia's rating,
still junk status[ID:nJAK535123] >StanChart to advise Bayan on
Indonesia coal [ID:nJAK486326] >BHP Billiton eyes JV for
Indonesia coal [ID:nJAK530025]
ASIA MARKETS NEWS - For an outlook of Asian stock trading,
click on [STXNEWS/AS] - Asian currencies strengthened on
Wednesday, with the rupiah IDR=, won KRW= and baht THB=
near one-year highs as better than expected U.S. retail sales
and manufacturing data spurred investors into riskier assets.
[EMRG/FRX] - Most Southeast Asian stock markets gained on
Wednesday, buoyed by hopes for economic recovery, with
Singapore outperforming as its property shares rallied after
steep falls earlier in the week. [.SO]
(Reporting by Jakarta Newsroom)