PRESS DIGEST-Indonesian Newspapers - April 27

Following are some leading stories in the main Indonesian newspapers on April 27.

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JAKARTA POST

- INDONESIA TO POST OFFICIALS IN TAX HAVENS

Indonesia plans to have tax officials in tax havens and low-tax countries in order to step up tax collection from Indonesian firms which use these havens and increase state revenues, said Darmin Nasution, director-general of taxation.

- GOVERNMENT ADDS MORE FLIGHT INSPECTORS FOR AIR SAFETY

Indonesia's Transportation Ministry has recruited 15 new operational flight inspectors, on top of the existing 23 staff, to help raise airline safety standards as the country tries to get the EU to overturn a ban on Indonesian carriers, said Herry Bakti, director-general of air transportation at the ministry.

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JAKARTA GLOBE

- CHINA SONANGOL LENDS $200 MILLION TO FUND CEPU BLOCK

Chinese firm China Sonangol International provided loans worth $200 million to help finance the development of Cepu block, one of Indonesia's biggest oil find in a decade, said Maman Budiman, senior vice president at Exxon Mobil Indonesia.

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BISNIS INDONESIA

- Indonesian shipping firm, PT Berlian Laju Tanker Tbk (BLTA.JK) has agreed a $27 million loan from Germany-based DVB Bank SE (DVBG.DE) to help finance its capital expenditure this year, said General Manager Peter Chayson.

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INVESTOR DAILY

- BAYAN-WHITE ENERGY TO INVEST 740 BLN RPH

Indonesia's PT Bayan Resources Tbk (BYAN.JK) and Australia's White Energy Ltd (WEC.AX) will spend 740 billion rupiah ($69 million) on upgrading a coal plant in East Kalimantan to increase coal output, said Bayan's director Jeanny Quantero.

- ADHI KARYA WINS 1.45 TRLN RPH IN CONTRACTS IN Q1

Indonesia's state-owned construction company, PT Adhi Karya Tbk (ADHI.JK) has won new contracts worth 1.45 trillion rupiah ($135 million) in the first quarter this year, said corporate secretary Kurnadi Gularso.

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MEDIA INDONESIA

- STATE FIRMS TO WAIT UNTIL INDEX EXCEEDS 2,000 TO DO IPO

Indonesia will wait until the composite index .JKSE exceeds the 2,000 level before it goes ahead with any initial public offerings for state-owned firms, said state enterprise minister Sofyan Djalil.

- - - - ($1 = 10,780 rupiah)