PRESS DIGEST-Indonesian Newspapers - May 15
Following are some leading stories in the main Indonesian newspapers on May 15.
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JAKARTA POST
- BOEDIONO DOES NOT REPRESENT MUSLIMS: PKS
Indonesian Islamist party PKS was unhappy with President Susilo Bambang Yudhoyono's likely choice of vice presidential running mate, central bank governor Boediono, because it does not feel he represented Muslims, PKS chairman Tifatul Sembiring said. - SENIOR GOLKAR POLITICIAN TO KEEP HIS SEAT AFTER ALL
Indonesia's General Election Commission (KPU) has allowed senior Golkar politician Agung Laksono to keep his seat in parliament, after initial vote counts and seat allocations were revised. The initial results had been affected by technical mistakes in data entry, said KPU member I Gustu Putu Artha.
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JAKARTA GLOBE
- LAWMAKERS BLOCK STIMULUS SPENDING ON INFRASTRUCTURE
Legislators have blocked almost 1 trillion rupiah ($96.33 million) worth of infrastructure spending, which was earmarked for redevelopment of traditional market sites, irrigation and road projects, amid technical problems with the proposals submitted by the ministries.
- MANADO DECLARATION TOO GENERAL: CRITICS
Leaders of 76 countries signed the Manado Ocean Declaration at the World Ocean Conference on Wednesday. The agreement calls on developing countries to help pay for the impact of climate change on oceans but does not address illegal fishing. Prof Ove Hoegh-Guldberg, a marine expert from the University of Queensland said the declaration was "disappointingly weak".
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INVESTOR DAILY
- PERTAMINA PREPARES $92 MLN FUND TO BUY ELNUSA STAKE
Indonesia's state oil and gas firm Pertamina has prepared around $92 million to acquire a 37.15 percent stake in energy explorer PT Elnusa Tbk (ELSA.JK) from unlisted contracting firm PT Tridaya Esta, an official said.
- INDONESIA'S PAWN SHOP TO SECURE 2 TRLN RPH LOAN
Indonesia's Perum Pegadaian, a chain of state-owned pawn shops, will secure a loan worth 2 trillion rupiah ($192.7 million) from state-owned lender PT Bank Mandiri Tbk (BMRI.JK) and PT Bank Rakyat Indonesia Tbk (BBRI.JK) to help finance business expansion, chief director Chandra Purnama said. - - - -
KONTAN
- SAMUDERA INDONESIA SEEKS 700 BLN RPH OF FUNDS
Indonesian shipping company PT Samudera Indonesia Tbk (SMDR.JK) is seeking a loan from domestic lenders of 700 billion rupiah ($67.43 million) to finance the development of port facilities and logistics, chief director Randy Effendi said.
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