PRESS DIGEST-Indonesian Newspapers - June 15
Following are some leading stories in the main Indonesian newspapers on June 15.
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JAKARTA POST
- PERTAMINA SAYS LPG SUPPLY IN MAKASSAR SAFE
A fire at a liquefied petroleum gas (LPG) plant in Makassar, South Sulawesi, has caused losses up to 15 billion rupiah ($1.49 million) for state oil firm Pertamina, but an official at the company, Rosina Nurdin, said local LPG stocks were secure for the next four days.
- INTERNET USERS TO ENJOY FASTER CONNECTION
Indonesia's internet users will enjoy faster connections next month following a new international connection that links Southeast Asia and the United States, said Ermadi Dahlan, a director at PT Telekomunikasi Indonesia Tbk, Indonesia's biggest telecoms firm.
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JAKARTA GLOBE
- PERTAMINA MAY END PETROLEUM IMPORTS BY 2017
Indonesia may stop importing refined petroleum products after 2017 as several refinery projects are expected to operate with a total capacity of 2.2 million barrels, from 1.03 million barrels currently, said Rukmi Hadihartini, a senior official at state energy firm PT Pertamina.
- INDONESIA TO SUSPEND SENDING MIGRANT WORKERS TO MALAYSIA
The government plans to review the current migrant worker system and will not send more workers to Malaysia until after a new agreement is established, said Mardjono, the director of labour protection at the National Labour Placement and Protection Agency.
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KONTAN
- INDONESIA'S DEBT-TO-GDP RATIO FALLING YEARLY - FIN MIN
Indonesia's ratio of debt to gross domestic product (GDP) has gradually fallen each year to 33 percent in 2008 from 89 percent in 2000, Finance Minister Sri Mulyani Indrawati said.
- PGN SECURES $40 MLN TRADE FINANCING FROM ANZ PANIN BANK
State gas distribution firm, PT Perusahaan Gas Negara Tbk (PGAS.JK) (PGN) has agreed a $40 million trade financing from ANZ Panin Bank for working capital, corporate secretary M. Wahid Sutopo said.
- FOOD & BEVERAGE EXPORTS FALL 30 PCT, JAN-MAY - ASSOCIATION
Indonesia's food and beverage exports in the January-May period fell 30 percent to $840 million from a year ago due to lower demand from the United States, Japan and European countries, the chairman of the food and beverages association Franky Sibarani said.
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INVESTOR DAILY
- INDONESIA'S HEXINDO WINS $192 MLN CONTRACT
Indonesia's heavy equipment distributor, PT Hexindo Adiperkasa Tbk (HEXA.JK), has won a contract worth $192 million to provide equipment for mining and forestry companies, said corporate secretary Heri Akhyar.
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