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PRESS DIGEST-Indonesian Newspapers - Feb 3

Mon Feb 2, 2009 9:32pm EST

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Following are some leading stories in the main Indonesian newspapers on Feb 3.

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

- INDONESIA, SINGAPORE AGREE ON NEW BOUNDARY

Indonesia and Singapore have agreed on a new western maritime boundary after four years of negotiations, the first border agreement since 1973, President Susilo Bambang Yudhoyono said.

- INDONESIA TO RATIFY STOCKHOLM CONVENTION

The government hopes to ratify this month the Stockholm Convention on Persistent Organic Pollutants (POPs), which aims to curb production and use of hazardous chemicals and pesticides, Environment Minister Rachmat Witoelar said. - GOVERNMENT TO MAINTAIN FUEL PRICES DURING 2009

The government will likely to maintain the latest fuel prices until the end of this year, President Susilo Bambang Yudhoyon said, noting that current prices were in line with projected movements of global crude oil and the 2009 state budget.

- INDONESIA TRAIN MANUFACTURER EYES 30 PCT INCREASE

Indonesia's state-owned train manufacturer, PT Industri Kereta Api, is eyeing a 30 percent increase in revenue to 714 billion rupiah ($60.76 million) this year due to greater production capacity and overseas expansion, President Director Roos Diatmoko said.

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INVESTOR DAILY

- INDONESIA'S BNI TO SIGN SYNDICATED LOANS

Indonesia's fourth-largest lender, PT Bank Negara Indonesia Tbk (BBNI.JK), aims to sign syndicated loan agreements with PT Telekomunikasi Indonesia Tbk (TLKM.JK) and PT Jasa Marga Tbk (JSMR.JK) in March this year to finance capital expenditure.

- INDONESIA'S DANAREKSA EYES UNDERWRITING 7 TRLN RPH BOND

Indonesia's PT Danareksa Investment Management plans to be the underwriter for bond issues worth 7 trillion rupiah ($595.7 million) in the first half of 2009.

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KONTAN

- INDONESIA TO ALLOCATE $340 MLN ON DRUG SUBSIDIES

Indonesia plans to allocate 4 trillion rupiah ($340.4 million) for drug subsidies this year to help ensure drugs are affordable amid rising prices of imported raw materials, Health Minister Siti Fadillah Supari said.

- INDONESIA'S SAMPOERNA AGRO REVENUE UP 43 PCT IN 2008

Indonesia's plantation firm, PT Sampoerna Agro Tbk (SGRO.JK), posted revenue of 2.3 trillion rupiah ($195.7 million) last year, up 43 percent from a year ago driven by high palm oil prices in the first half of 2008.

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JAKARTA GLOBE

- GOVT APPEAL FOR DELAY IN HAJ PASSPORT RULE

Indonesia has asked Saudi Arabia to delay imposing rules requiring all Haj pilgrims to use international passports, instead of special passports, amid fears that Indonesia will not be able to cope with demand for new passports from pilgrims. ($1 = 11,750 rupiah) ((Jakarta newsroom +6221 384-6364; Fax +6221 344-8404, jakarta.newsroom@reuters.com))



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