Indonesia Market factors to watch - Dec 2

JAKARTA, Dec 2 (Reuters) - Following is a list of events in
Indonesia as well as news stories and press reports which may
influence financial markets.

(Reuters 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, ALL TIMES LOCAL FOLLOWED BY
GMT

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

- Parliamentary commission to hold a meeting with state
enterprises ministry, 0900 (0200)

- First day of Investor Summit. Speakers include the head
of capital market watchdog Bapepam Fuad Rahmany, Finance
Minister Sri Mulyani Indrawati, Central Bank Senior Deputy
Governor Darmin Nasution, as well as speakers from 12 listed
firms including PT Telkom, PT Indo Tambangraya, PT Bank Central
Asia. 0800 (0100)

- First day of Asia-Pacific Coal conference. speakers
include officials from Indonesian producers Banpu, KPC, and
Kideco, 1000 (0300)

PRESS DIGEST

- BUKIT ASAM SEES 2010 CAPEX AT 4 TRLN RPH

Indonesian coal miner PT Tambang Batubara Bukit Asam
(PTBA.JK) plans to set aside 4 trillion rupiah for capital
expenditure in 2010, president director Sukrisno said. (Bisnis
Indonesia)

- INDONESIA MAY DELAY OPERATIONS OF KUALANAMU INTERNATIONAL
AIRPORT

Indonesia may delay operations of Kualanamu international
airport in North Sumatra from its initial target of July 2010
due to financial issues, said director general of air
transportation at the transport ministry Herry Bakti S
Gumay.(Investor Daily)

- KRAKATAU STEEL AND POSCO TO BUILD STEEL PLATE PLANT

Unlisted Indonesian steel producer PT Krakatau Steel and
South Korea's POSCO (005490.KS) have agreed a joint venture to
set up a steel plate plant next year at a cost of $5 billion
and operations are expected to start in 2013, Krakatau Steel's
president director Fazwar Bujang said. (Bisnis Indonesia)

- GOVERNMENT SEES $2.94 BLN INVESTMENT NEXT YEAR IN OIL AND
GAS INFRASTRUCTURE

Indonesia is targetting $2.94 billion of oil and gas
infrastructure investment in 2010, started with the development
of two new gas rigs in Lapangan Rambutan, South Sumatra, and in
Pondok Tengah, West Java, said Kardaya Warnika, an expert at
the energy and mineral resources ministry. (Jakarta Post)

MARKET SNAPSHOTS

* Indonesia's main index .JKSE rose 1.52 percent,
supported by gains in the financial sector, with top lenders
Bank Rakyat (BBRI.JK) and Bank Central Asia (BBCA.JK) up 2.7
percent and 2.6 percent respectively.

* The Dow Jones industrial average climbed to its highest
close in 14 months on Tuesday as a weak dollar boosted natural
resource companies' shares and economic data reinforced hopes
for a sustainable recovery. [.N]

* Oil prices climbed more than $1 to above $78 a barrel on
Tuesday, lifted by a weaker dollar and solid manufacturing data
from China that raised hope of a rebound in energy demand.
[O/R]

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

* Malaysian crude palm oil futures ended 0.9 percent higher
on Tuesday on investors taking up positions ahead of a price
outlook conference this week for the vegetable oil. [POI/]

* In Indonesia, the state marketing centre, based in
Jakarta, sold 6,500 tonnes of palm oil at a top price of 7,188
rupiah ($0.762) per kg on Tuesday. [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 the bond market click on [ID:nIDBOND].
---------------------MARKET SNAPSHOT @ 2326 GMT -------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1108.86 1.21 13.230
USD/JPY JPY= 86.64 -0.12 -0.100
10-YR US TSY YLD US10YT=RR 3.2841 -- 0.000
SPOT GOLD XAU= 1196.1 0.01 0.100
US CRUDE CLc1 78 -0.47 -0.370
DOW JONES .DJI 10471.58 1.23 126.74
ASIA ADRS .BKAS 127.08 2.69 3.33
-------------------------------------------------------------
FOR KEY GLOBAL ECONOMIC NEWS, SEE [TOP/MACRO]
FOR TOP NEWS ON ASIAN COMPANIES [TOP/EQA]
FOR ECONOMIC FX RELATED NEWS, HIT [FXNEWS]
FOR WHAT INVESTORS ARE SAYING ABOUT DEALS [DEALTALK/]
STOCKS - BUY OR SELL? [BUYSELL/] IN THE NEWS, REUTERS
INDONESIA (Click on [ID-RTRS]) Indonesia Inco borrows $300 mln
for power project [ID:nJAK433655] Indonesia says unemployment
rate at 9-year low [ID:nJAK405647] Indo sets higher
electricity price for geothermal [ID:nJAK413274] Indonesia
rates seen on hold at meeting Thursday [ID:nJAK427889]
Indonesia swaps debt, deficit seen below target
[ID:nJAK405100] Indonesia crude oil output falls further in Nov
[ID:nJAK401069] Indonesia parliament will investigate Bank
Century[ID:nJAK394476] Indonesia's Nov CPI up 2.41 pct y/y,
below fcast [ID:nJAK186703] Indonesia Stocks-Broker picks,
price target changes[ID:nJAK67432] Indonesia forestry graft
threatens carbon trade [ID:nJAK419374] Indonesia's BNI 9-mth
net profit up 123 percent [ID:nJAK519756]
ASIA MARKETS NEWS - For an outlook of Asian stock trading,
click on [STXNEWS/AS] - The Philippine peso rallied half a
percent against the dollar on Tuesday, erasing last week's
losses over Dubai debt worries and with the central bank
leaning lightly against its rally. [EMRG/FRX] - Southeast Asian
stock markets ended higher on Tuesday, with Thai stocks .SETI
leading the gains, cheered by news there would be an early
court ruling in a case involving the country's biggest
industrial estate. [.SO]
($1 = 9,439 rupiah)
(Reporting by Dicky Kristanto, Telly Nathalia and Sonya
Angraini)
((sara.webb@thomsonreuters.com; +6221 384 6364; Reuters
messaging sara.webb.reuters.com@reuters.net; bureau email
jakarta.newsroom@thomsonreuters.com))
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