Indonesia Market factors to watch - Nov 3

JAKARTA, Nov 3 (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)

- Indonesia's finance ministry to hold debt auctions to
help plug the deficit budget.

- Trade Minister Mari Pangestu will hold a news briefing on
whether the government will implement mandatory use of letters
of credits for export payments.

- Constitutional Court to hold a hearing on the case of
former KPK officials to decide whether to open controversial
recordings. 1100 (0400)

PRESS DIGEST

-WAVE OF PROTESTS OVER DETENTION OF EX-KPK OFFICIALS

Waves of protests and criticism over a police move to
detain anti-corruption agency officials occured in seven
Indonesian cities on Monday, putting pressure to the president
to take political action over the detention of the officials.
(Kompas, Jakarta Post)

- KPK SCANDAL TAINTS YUDHOYONO'S IMAGE: ANALYSTS

The battle between the police and the Attorney General's
office against the Corruption Eradication Commission, or KPK,
provides President Susilo Bambang Yudhoyono with a political
burden, analysts say. (Jakarta Post)

- INDONESIA PUTS HIGH HOPES ON VERIFICATION TEAM

Indonesians put high hopes in President Susilo Bambang
Yudhoyono's move to set up independent team to clarify facts
and legal process in the case of Bibit Samad Riyanto and
Chandra Hamzah, two former anti-graft body officials, who were
detained last week. (Kompas, Jakarta Post)

- COURT TO PLAY CONTROVERSIAL RECORDING

The Constitutional Court is expected to play a
controversial recording allegedly featuring several
high-ranking figures in the law enforcement institutions, and a
businessman who was a brother of a graft case fugitive.
(Jakarta Post)

- REGULATIONS IN SIX SECTORS WILL BE OVERHAULED: MINISTER

The government will overhaul regulations concerning
infrastructure, transportation, energy, food, small- and
medium-entreprises and industry and services sectors, chief
economics minister Hatta Rajasa said. (Kompas)

- POLICE SKYTRUCK PLANE MISSING IN PAPUA

Papuan police lost contact with one of their Skytruck M28
planes on a flight from Jayapura to Puncak Jaya district, an
official said on Monday. (Jakarta Post) - INDIKA ENERGY
ALLOCATES $110.4 MILION FOR CAPEX

Indonesian coal miner PT Indika Energy Tbk (INDY.JK) plans
to set aside $110.4 million for capital expenditure, out of
$230 million raised in its latest bond issuance, said Chief
Operating Officer Wishnu Wardana. (Bisnis Indonesia)

- INDONESIA DELAYS L/C MANDATORY FOR MINING AND COMMODITY
EXPORTERS

Indonesia's trade ministry has postponed an obligation for
mining and comodity exporters with minimum export value of $1
million to use letters of credit (L/C) until July 1 due to
uncertainties in the global market, said director of mining and
industrial goods export Albert Yusuf Tobogu. (Kontan)

- SEMEN GRESIK SEES HIGHER DEMAND IN 2010, TO BOOST OUTPUT

Indonesia's largest cement producer, PT Semen Gresik Tbk
(SMGR.JK), expects domestic demand to increase 5-6 percent next
year, and aims to boost output to 19 million tonnes, President
Director Dwi Soetjipto said. (Kontan)

MARKET SNAPSHOTS

* Indonesia's index .JKSE gained 0.2 percent on Monday,
with coal miner Bumi Resources (BUMI.JK) recovered 2.11 percent
after falling 8.4 percent in early trade, while Telkom
(TLKM.JK) dropped 1.8 percent.

* U.S. stocks rose on Monday after another round of solid
economic reports but pulled off session highs after a Federal
Reserve official's warning about banks' loan losses. [.N]

* Oil prices rose more than $1 to top $78 a barrel on
Monday as strong manufacturing data from the United States and
China stoked optimism for a turnaround in the economy and in
fuel demand. [O/R]

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

* Malaysian crude palm oil futures finished flat on Monday,
recouping losses of up to 2.4 percent earlier in the day, as a
rebound in crude oil and soy prices sparked some short-covering
in late trade, traders said. [POI/]

* In Indonesia, the state marketing centre based in Jakarta
sold 5,000 tonnes of palm oil at a top price of 6,433 rupiah
per kg on Monday, against 6,547 rupiah per kg on Friday.
[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 @ 2320 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1042.88 0.65% 6.690
USD/JPY JPY= 90.38 0.11% 0.100
10-YR US TSY YLD US10YT=RR 3.4239 -- 0.000
SPOT GOLD XAU= 1061.25 0.20% 2.100
US CRUDE CLc1 78.08 -0.06% -0.050
DOW JONES .DJI 9789.44 0.79% 76.71
ASIA ADRS .BKAS 120.11 1.03% 1.22
-------------------------------------------------------------
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's Bank Mandiri tagets
3 trln rph bonds [ID:nJAK529767] Indonesia to investigate
corruption agency case [ID:nJAK92408] Bank Indonesia to put
emphasis on inflation [ID:nJAK360688] Pertamina says to
restart Balikpapan CDU on Nov 11[ID:nJAK445972] Indonesia's
Telkom sees scope for consolidation [ID:nJAK499840] Indonesia
to fix constraints, labour laws [ID:nJAK223145]
POLL-Indonesia cbank seen keeping rates this year
[ID:nJAK495151] Indonesia sees 40 pct power programme by
mid-2010 [ID:nJAK273955] Indonesia to form team to probe graft
agency case [ID:nJAK492144] Indonesia court sells 25,900 T
seized coffee beans[ID:nJAK498269] Indonesia revises up 2009
rice output forecast [ID:nJAK483151] TABLE- Details of
Indonesia's October inflation [ID:nJAK450949] Indonesia's Oct
inflation up 2.57 pct yr/yr [ID:nJAK80078] ASIA MARKETS
NEWS - For an outlook of Asian stock trading, click on
[STXNEWS/AS] - The Indonesian rupiah and Malaysian ringgit
slipped on Monday as falling stocks spurred by the failure of
U.S. lender CIT Group encouraged investors to unwind their
short dollar bets. [EMRG/FRX] - Stocks in Thailand fell more
than 1.0 percent on Monday, leading major Southeast Asian
markets lower, with sagging energy shares such as PTT
Exploration and Production and oil and gas giant PTT weighing
on Bangkok. [.SO]
(Reporting by Jakarta Newsroom)