PRESS DIGEST-Indonesian newspapers - Aug 14

Wed Aug 13, 2008 9:56pm EDT
 
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Following are some leading stories in the main Indonesian newspapers on Aug 14.

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

- ORICA SET TO DOMINATE LOCAL EXPLOSIVES MARKET

Australia's Orica Ltd (ORI.AX) is seeing a 10 percent annual rise in demand for ammonium nitrate, a key ingredient for explosives, as mining companies aggressively expand their activities, its chief executive officer Graeme Liebelt said.

- 2008 BUDGET DEFICIT SET TO FALL ON LOWER OIL PRICES

Indonesia's 2008 budget deficit is expected to drop to 1.8 percent of the gross domestic product, possibly allowing the government to reduce borrowing to plug the hole, senior finance ministry official Anggito Abimanyu said.

- ANTAM, KRAKATAU TO BUILD PLANT

State-owned miner PT Aneka Tambang Tbk (ANTM.JK) and steel-maker PT Krakatau Steel will build a $60 million iron ore and steel plant in South Kalimantan, the governor of the province said.

- HUNDREDS RALLY AGAINST CHURCH CONSTRUCTION NEAR JAKARTA

Hundreds of people protested against the construction of a church in Pamulang, a small town on the outskirts of Jakarta, claiming that there were already too many churches in the area.

- OFFICIALS ON ALERT FOR FOREST FIRES IN EAST JAVA, SUMATRA

Local authorities were on high alert for more forest fires in East Java's national park, while police in South Sumatra are investigating a forest fire on a local industrial timber estate.

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KOMPAS  Continued...

 

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