PRESS DIGEST-Indonesian Newspapers - Aug 14
Following are some leading stories in the main Indonesian newspapers on Aug 14.
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JAKARTA GLOBE
- CENTRAL BANK MULLS BAN ON PREMIUM DEPOSIT RATES-DEP GOV
Muliaman Hadad, deputy central bank governor, said Bank Indonesia is considering banning banks from offering premium deposit rates or rates higher than the maximum guaranteed rupiah deposit rate set by the state's deposit insurance agency, which is currently at 7 percent.
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JAKARTA POST
- MEGAWATI TO CONTINUE FIGHT AGAINST ALLEGED FRAUD
Losing presidential candidate Megawati Sukarnoputri plans to take alternative legal action over alleged fraud during the July 8 presidential election after the Constitutional Court dismissed her lawsuit against President Susilo Bambang Yudhoyono's victory, said Arteria Dahlan, a member of her legal team.
- SOE MINISTRY TO INCREASE DIVIDEND PAYMENT FROM STATE FIRMS
The State Enterprises ministry will ask state firms, including publicly listed ones, to raise their dividend payments by 2.5 trillion rupiah ($252 million) to help plug a budget deficit this year, said Said Didu, secretary to the ministry.
- CUSTOMS OFFICE TO SET NEW SYSTEM TO EASE FLOW OF GOODS
The customs and excise office plans to introduce and implement a new IT system in a bid to help ease the flow of imported and exported goods as businesses press for lower processing costs, said Anwar Suprijadi, director-general of customs and excise Anwar Suprijadi.
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INVESTOR DAILY
- BAKRIELAND EYES 5.8 TRLN RPH WORTH OF PROJECTS IN 2010
Indonesian property firm, PT Bakrieland Development Tbk (ELTY.JK), aims to join a tender for a toll road project worth between 5.39-5.88 trillion rupiah in 2010, said chief director Hiramsyah Thaib.
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BISNIS INDONESIA
- ARMADIAN PLANS TO HOLD IPO BY END 2009
Indonesia's PT Armadian Tritunggal, which owns 51 percent of the country's fifth-largest coal producer PT Berau Coal, plans an initial public offering by the end of the year, said Handy P. Soetedjo, a director in the firm.
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